Friday, April 19, 2013

Start A Business In The Canary Islands

Expanding your livelihood internationally requires brilliant the fitting steps to receipts.


Expanding your metier internationally can bring with it many rewards and opportunities. Some entrepreneurs corner chosen to begin businesses in the Canary Islands for reasons ranging from the tribute advantages to the proximity to Spain and remainder of the European Union. Whether starting a complication in the Canary Islands is one of your goals, then the steps to proceeds add researching the mart, registering the game, finding a suitable speck and employing staff.


The Canary Islands are an autonomous archipelago of islands within Spain. Opportunities exist in tourism or providing services to the tourism industry because 80 percent of the region's gross income is derived from tourism. Additionally, companies set up in the Canary Islands as a springboard into remainder of Spain and the European Union. The Special Economic Zones in the Canary Islands offer much lower corporate tax rates than Spain; the corporate tax rate is 32.5 percent in Spain, while only 4 percent in the Canary Islands.


Instructions

1. Sincere marketplace evaluation to determine areas of opportunity.


2. Register the business. A new business submits an application and a detailed description of the business to the Official Registry. Once the application is accepted, a registration fee must be paid.


3. Find a location. Tenerife is the largest of the Canary Islands and can be a good area to establish your business. The Promotion and Investments Society of Tenerife, officially called SOFITESA, is a good place to begin, since they are tasked with assisting businesses to establish on the island.


4. Hire staff. There are several staffing companies and job boards to select from. One of the oldest job boards is Infojobs. Moreover, you can try Infoempleo or the Spanish affiliate of Monster for candidates. If your company is not a service company, but either a reseller or manufacturer, you will also have to source suppliers of raw materials and arrange for transportation to the island.