Capital Investment Canaries

Transcription

1 Capital Investment Canaries Consultants specialised in helping SME s protect IP Revenue as they expand across Europe The Service Centre Capital Of Europe #WhyCanaryIslands?

2 Why Canary Islands? A Business Paradise For Fast Growing SME s The Canary Islands is an attractive business hub, for fast growing SMES with international potential. Doing business from the Canaries means SME s can retain more profits, access investment and expanded into international markets whilst remaining onshore. Below are just a few reasons why Canary Islands is an SME paradise, 1. Access to skilled multilingual talent at attractive rates. 2. The most advantageous onshore EU tax incentives. 3. Direct flight connections to more than 78 cities. 4. Access to investment grants and incentives. 5. Opulent lifestyle, perfect for a European or EMEA HQ. 6. Member of the EU Eurozone. 7. World class communications and infrastructure. A very low 4% corporate tax rate and just 7% VAT means companies pay less sales tax and enjoy more of their profits. Due to international bi-lateral tax treaties this can help businesses to fuel faster growth, drive up equity value, and enhance Exit Transactions. Vibrant Cosmopolitan City of Santa Cruz de Tenerife

3 4% Corporation Tax Who Is The Canaries Best Suited To? 1. Customer Contact or Client Service Centres, (particularly those operating across boarders) 2. Creative technologies such as Video Game and Audio Visual Production 3. IT, Consulting, Online, support Companies 4. Digital Intellectual Property businesses like Apps 5. Renewable Energy Co s the Canaries is a hotbed for, Solar, Wind, Wave, Geo-Thermal, & Eco Friendly Technologies for R&D and Commercialisation. 6. International Call Centres or Commercial Development Operations Canary Islands Investment Hub for US Companies & Investors The Canaries is an Onshore Business Paradise as opposed to an Offshore Fiscal Paradise meaning, in addition to the 4% Corporate Tax Rate and 7% VAT Companies can enjoy additional benefits on offer under the Canary Islands Economic & Fiscal Regime (REF) There is no Withholding Tax, and breaks on double taxation allowing a company fluidity of its dividends throughout Europe. We can also protect IP through EU onshore incentives meaning no or very low capital gains tax when the time comes to sell, ensuring you receive the maximum ROI.

4 Helping SME s expand across Europe Thinking What s the catch? Or why haven t I heard of this before? These incentives are real incentives for real businesses and business owners who want to combine rapid business growth with a vibrant opulent lifestyle. This isn t a tax avoidance scheme or a way to hide profits On the contrary this since the year 2000 the Canaries has been the most advantageous onshore business location in Europe and with the closure of less credible Tax Havens, The Canary Islands is now emerging as a transparent European Commission Backed Business hub earning itself the tittle of The Service Centre Capital Of Europe Right Place Right Time for the Right Companies A company trading from the canaries wanting to enjoy the 4% tax rate must; 1. Be a newly formed business in the canaries 2. Employ between 5 staff within the first 6 months of trading 3. Fall into one of the activities outlined by the Government 4. Have a Legal Administrator Company Secretary resident in the Canary Islands 5. Invest 100k into intangible or tangible fixed assets in the business within the first 24 months of trading.

5 So Who s in the ZEC and how do I get started? CiC are the leading SME Corporate Service Providers in the Canary Islands. Our Team is made up of International Lawyers, Accountants, Tax Specialists, Investors & Business Consultants who have all came from the SME sector. We pride ourselves on understanding Entrepreneurs and know exactly how to help the management teams grow their businesses and equity value rapidly. We ve created a number of ways for you to engage with us so that you can choose the best way for you depending on where you are in your business and the decision making process. ZEC Is backed by the European Commission

6 Opulent Lifestyle The perfect place for a working base The upside is for visiting Directors, staff on overseas experience or staff looking to relocate is obviously the lifestyle. Santa Cruz de Tenerife like Las Palmas de Gran Canaria, have one of the most opulent lifestyles in Europe. They have more than 300 days per year of spring like sunshine average temperatures of between 15ºC and 25ºC this means a lot less man hours lost due to adverse winter weather conditions which can be common elsewhere in Europe. Due to the weather the lifestyle of living and working in the Canaries means moral is much higher resulting in less days lost to sickness and absenteeism, companies tend to find improved efficiency of staff and general higher positivity and wellbeing. The Canaries offers long light nights, as a result lifestyle is more of an outdoor one compared to other countries. Weekends are never dull with year round Water Sports, Golfing, Hiking, Cycling, and of course the Tourist attractions just 40 minutes drive away from the Capital.

7 4% Corporation Tax.. Speak to us - on a conference call with one of our specialists Meet us at one of our next presentations in a region close to you Visit us Discover why we love the Canaries at our next 2 Day Business Break Summits or Why not let us arrange a special business visit to the Canaries with your contacts and lets work through the suitability study together? Don t forget your sunglasses!!! Work with us Know this is for you? We can conduct a full consultation and Suitability Study to assess which combination of incentives will assist you to get the maximum benefits from your hard efforts & dedication. You Choose, we look forward to working with you Your Success Is Our Business

8 CIC Capital Investment Canaries S.L Calle El Pilar 5 Edificio Peceño Suite 9 Santa Cruz de Tenerife T: E: rosana.mesa@capitalinvestmentcanaries.com christopher.pennington@capitalinvestmentcanaries.com