If you’re considering expanding your business, the Canary Islands delivers unique opportunities for conducting business in Africa. wwwcanaryislandshub.com

1. REASONS TO RELOCATE
IN THE CANARY ISLANDS
OPPORTUNITIES
FOR YOUR BUSINESS5

2. 5 REASONS
5 OPPORTUNITIES

3. CONNECTIVITY
REASON 1

4. CONNECTIVITY
Integrated in the main international trade routes,
the Canary Islands constitute an excellent com-
mercial and logistic gateway between Africa,
America and Europe
TELECOMMUNICATIONS
Submarine fiber-optic cable connections
D-ALIX Project, a bridge linking Africa
with Europe and America
50 satellites provide communication
services in the Canary Islands
The main telecommunication companies
operate in the Canary Islands
Weekly
direct
flights to:
32.5 million
pax/year
8 AIRPORTS
(6 international airports)
United Kingdom 400
Germany 300
Africa 41
Estimated
flight time to:
Casablanca 02:30 h.
Marrakech 02:10 h.
Agadir 01:35 h.
Nouakchott 01:55 h.
Dakar 02:10 h.
Praia 02:40 h.
26 COMMERCIAL PORTS
6.6 million
pax/year
Freight traffic:
39.4 M TM

5. QUALITY OF LIFE
REASON 2

6. QUALITY OF LIFE
Just one step away from Africa, the Canary Islands
offer the best climate in the world, with all the
infrastructures and the luxury of a cosmopolitan
environment
All the infrastructures
of a 21st century region
First-class European
Health and Education
Cosmopolitan, modern
and cheerful atmosphere
Wide and varied cultural
and leisure offer
THE CANARY ISLANDS ARE THE “EUROPEAN CALIFORNIA
24º
4,800
summer
maximum
NATURAL LIGHT
HOURS PER YEAR
22º annual
average
16º winter
minimum
141
4
256
BIOSPHERE
RESERVES
KM OF
BEACHES
PROTECTED
NATURAL AREAS
FULL SERVICES WITH MODERN INFRASTRUCTURES
103 28 Hospitals
9 Public and
19 Private
HEALTH
Centers 42 Public and
2 Private
UNIVERSITIES 19MARINAS
24GOLF
COURSES
30INTERNATIONAL
SCHOOLS
4NATIONAL
PARKS32CINEMAS
29SHOPPING
CENTERS
CULTURE AND
SPORTS IN THE
CANARY ISLANDS
THE CANARY ISLANDS
MUSIC FESTIVAL
OPERA FESTIVAL
THEATRE, MUSIC AND
DANCE FESTIVAL
VENUE OF THE WINDSURF
WORLD CUP
POINT OF DEPARTURE
OF THE ATLANTIC RALLY
FOR CRUISERS (ARC)

7. E.U. LEGAL
FRAMEWORK
REASON 3

8. E.U. LEGAL FRAMEWORK
Integrated in the European Union legal system, the
Canary Islands offer total guarantee in the matter of
security and protection to individuals and companies.
Full application
of the EU legal system:
We are familiar with all the
international
anti-corruption measures:
THE CANARY ISLANDS ARE INTEGRATED
WITHIN THE INTERNATIONAL FISCAL
TRANSPARENCY REGULATIONS.
The Canary Islands have extremely transparent
fiscal regulations, fully approved by the European
Union and Double Treaty Agreements signed by
Spain. Recently, several actions have been adop-
ted to combat tax avoidance and offshore tax
evasion by the OECD and the G20 governments.
These transparent fiscal regulations, administered
by the Economic and Fiscal Regimen of the Canary
Islands (REF), benefit companies through legal
process cost reductions.

9. WORKFORCE
REASON 4

10. WORKFORCE
Companies can expect to rely on qualified personnel
and expertise while operating in the Canary Islands.
The Canary Islands possess a solid know-how in key
sectors, and have an excellent human resources unit
to assist the needs of the companies settled in the
Canaries for operating in neighboring countries.
TERRITORIAL
DEVELOPMENT
AND PLANNING
PORT
SECURITY
AND LOGISTICS
ENVIRONMENT
RENEWABLE
ENERGIES
CIVIL
INFRASTRUCTURE
LABOR POWER
50,000 UNIVERSITY
STUDENTS being trained
2 PUBLIC +
2 PRIVATE UNIVERSITIES
146 PROFFESIONAL
TRAINING
CENTERS
15 OFFICIAL
SCHOOLS OF
LANGUAGES
AVERAGE COST
PER EMPLOYEE (2013))
E.U.
2.979 €
SPAIN
2.580 €
CANARY
ISLANDS
2.164 €

11. TAX INCENTIVES
REASON 5

12. TAX INCENTIVES
As an EU outermost region, the Canary Islands
have an Economic and Tax System (REF) of their own,
fully approved by the EU, which applies double taxa-
tion conventions and fiscal transparency.
The Economic and Tax System offers incentives to
those that establish and develop their businesses
in the Canary Islands.
The opportunity to pay lower
Corporation Tax rates
(RIC)
compared to the rest of the Spanish territory
Multiple tax exemptions in
INDIRECT TAXATION
exceptional economic advantages:
% EU CORPORATE TAX RATES 2013
Source: Sociedad Canaria del Fomento Económico S.A.
PROEXCA 2013
France
Belgium
Spain
Germany
Italy
Greece
Portugal
Netherlands
Denmark
Finland
UE
United Kingdom
Poland
Ireland
0 10 20 30 40
THE CANARY ISLAND
36,1
34
30
29,8
27,5
26
25
25
25
24,5,1
23
23
19
12,5
4%ZEC
CORPORATION
TAX
RATE
4%

13. LOGISTIC
PLATFORM
OPPORTUNITY 1

14. CANARY
ISLANDS
LOGISTIC PLATFORM
The Canary Islands is the ideal location for establi-
shing the headquarters of companies that operate in
Africa. Employees and their families enjoy the best
climate in the world, with the highest European stan-
dards in health services and quality of life.
HIGHEST EUROPEAN
STANDARD
LEGAL SECURITY
POLITICAL STABILITY
QUALITY SERVICES
WORLD-CLASS
INFRASTRUCTURES
HEALTH AND
EDUCATION
THE BEST CLIMATE IN
THE WORLD
28 HOSPITALS
9 public and
19 private
4,800NATURAL LIGHT
HOURS PER YEAR
22ºCAVERAGE ANNUAL
TEMPERATURE
103 HEALTH
CENTERS
4 UNIVERSITIES
2 public and
2 private
30 INTERNATIONAL
SCHOOLS
JUST ONE STEP AWAY
FROM AFRICA
Geo-strategic enclave
in the tricontinental
route
41 weekly flight
connections with Africa
Maritime connections
to all African ports

15. OFFSHORE
SERVICES
OPPORTUNITY 2

16. OFFSHORE SERVICES
With first-class infrastructures and services, the
Canary Islands ports are centers of reference in the
Mid-Atlantic for ship and oilrig maintenance and
repair works.
18HECTARES
ANCHORAGE AREA
14KM QUAYS
AND BERTHS
5-22METERS DRAUGHT
RANGE
12TUG
BOATS
10RO-RO
BOARDING
RAMPS
40
STORAGE
FACILITIES
300
M2
COVERED
STORAGE AREA
173
M2
OPEN-AIR
STORAGE AREA
M2
COLD
STORAGE AREA
328M2
BUNKER
STORAGE AREA
INFRASTRUCTURES TENEFIFE INFRASTRUCTURES
PROXIMITY TO
STRATEGIC POINTS
Distance from the Canary Islands
BY SEA TO NIGERIA >>>> 1940 miles
BY SEA TO ANGOLA >>>> 3200 miles
ANGOLA
NIGERIA
Repairs
Sheet metal works
Supplies
Inspections
Quality control
Water analysis and water treatment
(up to 18 different services)
6.6MILLION
PAX
593SHIPS
11OIL RIGS
39.4MILLION MT
FREIGHT TRAFFIC
ACTIVITY IN THE CANARY
ISLANDS PORTS IN 2013
OFFSHORE
SERVICES
REPAIRS CARRIED OUT AT
CANARY ISLANDS PORTS
IN 2012
18HECTARES
ANCHORAGE AREA
16.8KM QUAYS
AND BERTHS
6-16METERS DRAUGHT
RANGE
5TUG
BOATS
128
700
M2
COVERED
STORAGE AREA
41
M2
OPEN-AIR
STORAGE AREA
M2
COLD
STORAGE AREA
STORAGE
FACILITIES

17. NATURAL RESEARCH LAB
OPPORTUNITY 3

18. BIODIVERSITY
of the Spanish biodiversity is concentrated
in the Canary Islands
RENEWABLE ENERGIES
INFRASTRUCTURES:
2,500hours/year
Sunlight
1,700 h.production of
photovoltaic
systems
5-6KWh/m2
Radiation
SOLAR ENERGY:
6-8 m/sAverage wind
speed
3,000-4,000 h.Equivalency
WIND POWER:
ITCInstitutoTecnológico
de Canarias
ITERInstituto Tecnológico de
Energías Renovables
INFRASTRUCTURES:
14,000 Terrestrial
endemic species
5,500 Marine
endemic species
600 Endemic
plants
BEA
SPANISH BANK
OF ALGAE
PLOCAN
OCEANIC PLATFORM
OF THE CANARY ISLANDS
SCIENCE AND TECHNOLOGY
FOR INTERNATIONAL COOPERATION
International cooperation projects developed
by the Canary Islands:
The Centre of Research Applied to
Renewable Energies, Desalination
and Cooling of the University of
Nouakchott, Mauritania, with the
support of the Instituto Tecnológi-
co de Canarias
The University Institute for
Tropical Diseases, in the island of
Tenerife, co-financed by Senegal
Advice to the Government of Cape
Verde in the matter of water
management from the energy and
sustainability points of view
Use of renewable energy to
provide electricity to villages and
isolated rural communities in
West African countries
Development and implementation
of small autonomous desalination
plants powered by renewable
energies
INSTITUTO DE
ASTROFÍSICA DE CANARIAS
Provides support to more than
70 institutions in 19 countries
OBSERVATORIO
DEL TEIDE
Tenerife
OBSERVATORIO DEL
ROQUE DE LOS
MUCHACHOS
La Palma
GRAN TELESCOPIO DE CANARIAS
The largest optical and infrared telescope in the
world, with a 10.4m diameter primary
NATURAL
RESEARCH LAB
The geographical and environmental
conditions make the Canary Islands
an excellent natural research labora-
tory for the development and testing
of new technologies, which may
subsequently be implemented at
continental level.

19. STRATEGIC BASE FOR
HUMANITARIAN AID
OPPORTUNITY 4

20. STRATEGIC BASE
FOR HUMANITARIAN AID
For its vicinity and connectivity, the Canary Islands
have become a logistics base for Red Cross, United
Nations World Food Programme and USAID opera-
tions with Africa.
1100 m2
storage area for the
Food for Peace Programme
6,780
2,500 48h.
m2
PEOPLE IN
808.7 M KgAid managed from the
Canary Islands, 2009-2013
Capacity of the aid platform:
RED CROSS HUMANITARIAN LOGISTICS
CENTRE IN THE CANARY ISLANDS
UN WORLD FOOD PROGRAMME
LOGISTICS CENTRE
One of the 5 logistics centers
of this organisation is located
at the Canary Islands
USAID
Cruz Roja
Cruz Roja
Canary
Islands

21. SERVICES FOR
WEST AFRICA
OPPORTUNITY 5

22. SERVICES FOR
WEST AFRICA
The Canary Islands are a preferred destination for
West African residents due to its first-class health
services, excellent educational infrastructure, and
wide cultural, commercial, and leisure offerings.
28 HOSPITALS
9 public and
19 private
103 HEALTH
CENTERS
4 UNIVERSITIES
2 public and
2 private
30 INTERNATIONAL
SCHOOLS
624 STATE
SCHOOLS
118 PRIVATE
SCHOOLS
274 VOCATIONAL
EDUCATION
CENTERS
29 SHOPPING
CENTERS
5 WATER
PARKS
24
19GOLF
COURSES
19 MARINAS
121,000
4* HOTEL BEDS
THEATRES
57 MUSEUMS
159,900
5* HOTEL BEDS
32 CINEMAS
4 NATIONAL
PARKS
HEALTH EDUCATION
COMMERCIAL
AND LEISURE
OFFER
CULTURAL
OFFER
CINEMA
HOSPITAL
SCHOOL
SHOPPING
CENTRE
MARKET
Film Festival
Opera Festival
The Canary Islands
Music Festival
Theatre, Music and
Dance Festival