Set up in the Canary Islands
Industrial premises with one of Europe's most competitive tax frameworks
Warehouses and industrial land in the Canary Islands for companies relocating or expanding. We help you find the right premises and set up your operation — from the ZEC tax regime to licences.
The REF framework (Ley 19/1994, as amended) sets a 4% corporate tax rate for ZEC-registered companies, against the 25% standard rate in mainland Spain. That gap is why companies move operations here.
Why the Canary Islands
Why set up in the Canary Islands?
Three things make the islands work for an industrial operation: a genuinely low tax rate, a position on the Atlantic that shortens routes to Africa and the Americas, and EU membership with a tax framework of their own. None of these depends on a marketing claim — each rests on the REF and on the islands' geography.
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4% corporate tax (ZEC)
Companies registered in the Canary Special Zone pay a 4% corporate tax rate, set by Ley 19/1994 (as amended). The standard Spanish rate is 25%.
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Atlantic & Africa hub
The islands sit roughly 1,100 km from West Africa and 1,700 km from mainland Spain. Las Palmas and Tenerife are among Spain’s busiest ports.
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EU, with a special status
The Canary Islands are part of the European Union but keep their own tax framework (the REF), designed to offset their distance from the continent.
What sets up here
What companies set up here
The ZEC accepts a defined list of eligible activities, and not every business needs a warehouse. The operations that combine ZEC eligibility with real demand for industrial space tend to fall into four groups. Each one fits the islands for a different reason.
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Logistics & distribution
Trans-shipment, import hubs and last-mile distribution that use the Atlantic position and the islands’ port capacity.
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Agrifood & processing
Food production and processing serving a large, year-round hospitality market and export of local produce.
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Light manufacturing
Assembly and finishing of goods, supported by the AIEM levy that protects qualifying local production.
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Renewable energy
Manufacturing, installation and O&M tied to the islands’ high solar irradiation and energy transition targets.
Industrial premises: rent or buy
Renting lands your operation quickly without a large outlay. Buying gives control and brings the RIC reinvestment incentive into play. Building to spec on serviced land suits operations with specific height, power or layout needs. We work all three routes.
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For rent
Lease premises to start fast without tying up capital.
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For sale
Buy premises for the long term, with control and stability.
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Industrial land
Build your facility to spec on serviced industrial land.
Available now
Current industrial opportunities
A snapshot of the units and land the group holds today across Tenerife, each at least 500 m². Figures and placement are shown up front so you can shortlist before you call. The full detail sits on the group site, in Spanish.
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For sale Plot Ref. PAR-I006
Plot in Zona Comercial (ref. PAR-I006)
San Cristóbal de La Laguna, Tenerife
- Size
- 52,400 m² of land
- Price
- Price on application
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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For sale Plot Ref. PAR-I005
Plot in Güímar (ref. PAR-I005)
Güímar, Tenerife
- Size
- 21,168 m² of land
- Price
- 3,175,200 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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For sale Plot Ref. PAR-I033
Plot in Polígono de Granadilla (ref. PAR-I033)
Granadilla de Abona, Tenerife
- Size
- 13,050 m² of land
- Price
- 2,252,886 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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To let Industrial unit Ref. N0220
Industrial unit in Polígono Costa Sur (ref. N0220)
Santa Cruz de Tenerife, Tenerife
- Size
- 11,400 m² of floor area
- Site
- 4,100 m² site
- Price
- Price on application
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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For sale Industrial unit Ref. N0169
Industrial unit in Polígono de Güímar (ref. N0169)
Güímar, Tenerife
- Size
- 10,880 m² of floor area
- Site
- 12,135 m² site
- Price
- 7,500,000 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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For sale Industrial unit Ref. N0595
Industrial unit in Santa Cruz (ref. N0595)
Santa Cruz de Tenerife, Tenerife
- Size
- 10,309 m² of floor area
- Price
- 6,500,000 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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For sale Plot Ref. PAR-I016
Plot in El Chorrillo (ref. PAR-I016)
Santa Cruz de Tenerife, Tenerife
- Size
- 5,500 m² of land
- Price
- 1,650,000 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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For sale Industrial unit Ref. N0590
Industrial unit in Polígono Las Chafiras (ref. N0590)
San Miguel de Abona, Tenerife
- Size
- 4,800 m² of floor area
- Price
- 7,400,000 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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For sale Industrial unit Ref. N0441
Industrial unit in Polígono El Mayorazgo (ref. N0441)
Santa Cruz de Tenerife, Tenerife
- Size
- 3,970 m² of floor area
- Price
- 3,900,000 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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For sale Plot Ref. PAR-I086
Plot in Polígono Barranco de Las Torres (ref. PAR-I086)
Adeje, Tenerife
- Size
- 3,963 m² of land
- Price
- 2,377,800 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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To let Industrial unit Ref. N0042
Industrial unit in Polígono Los Majuelos (ref. N0042)
San Cristóbal de La Laguna, Tenerife
- Size
- 2,500 m² of floor area
- Price
- 12,500 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
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To let Industrial unit Ref. N0029
Industrial unit in Polígono La Campana (ref. N0029)
El Rosario, Tenerife
- Size
- 2,052 m² of floor area
- Price
- 7,000 € · guide price
View full listing (opens on vitalicapital.com)
The listing opens on the group site and is written in Spanish.
This selection was last reviewed on 9 June 2026. A unit drops off the list at the next review once it is taken, so contact us and we will confirm what is genuinely available.
Sectors that fit
Sectors that fit the Canary Islands
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Logistics & Atlantic hub
A natural staging point between Europe, Africa and the Americas, with major container ports and frequent air links.
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Agrifood & cold chain
A mild climate and steady, year-round demand from tourism make food and drink businesses a natural fit on the islands.
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Renewable energy
Abundant sun and wind, combined with firm island decarbonisation targets, make this one of the archipelago's fastest-growing sectors.
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Light manufacturing
The tax framework rewards companies that genuinely produce on the islands, and local production enjoys a specific structural advantage.
Questions
Common questions before you set up
- How long does it take to set up in the Canary Islands?
- Incorporating a Canary company through a notary typically takes two to four weeks. ZEC registration is approved separately by the ZEC Consortium (AZELCAN), usually within three months. An activity licence from the municipality can take one to six months, depending on the use and the town hall.
- Do I need a Spanish company to operate here?
- You normally operate through a Canary entity, either a new company or a branch of your foreign one. A new entity is usually required to register for the ZEC, since the 4% rate applies to newly created companies meeting the activity, investment and jobs criteria.
- Can I qualify for the ZEC if I rent rather than buy?
- Yes. The ZEC sets a minimum investment in fixed assets, but renting your premises does not by itself disqualify you. Many companies lease their unit and meet the investment threshold through plant, equipment and fit-out instead. Confirm the detail with a qualified adviser.
General guidance only; not tax or legal advice. Confirm rates, thresholds and requirements with a qualified adviser. Last reviewed: June 2026.