Companies located
within Gran Canaria Free Zone have some fiscal and
customs advantages, resulting from the legislation
that deals with free zones in the European Union and
the Canary Islands Economic and Fiscal Regime.
Likewise, they are set up in an industrial urbanization
that offers these companies all the services that could
help to reduce their operative costs and make interesting
the location within the enclosure.
The arguments to support these statements that we could
present the companies are:
Exemption from import duty for the merchandise
entering the zone.
Exemption in fulfilling the customs procedures needed
to move merchandise up to the company’s
warehouses.
Warehousing of goods with no time limits.
Free destination for goods.
Exemption in fulfilling the customs procedures
in goods leaving the enclosure towards a third
country.
Exemption in indirect duty payments for
processes of goods adaptation such as labeling,
packaging, canning, before coming out the enclosure.
Possibility of having recourse to the
fiscal advantages of the Canary Islands Special
Zone.
Possibility of assigning funds to the
Reserve for Investment in the Canaries, or using
RIC funds
for the establishment of the company within free zone.
Location of the warehouses within a fiscal,
fenced and overseen enclosure, which
reduces the insurance costs of establishments and goods considerably.
Location in a strategic port for international
logistics, with a annual traffic of more
than 1MM of TEUs and direct connections with the most important African,
American and European ports.
Possibility of entering into the local
market of the Canary Islands.
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