THE IDEAL EUROPEAN AREA FOR RESEARCH AND DEVELOPMENT OF TELECOMMUNICATIONS
100% European territory, a 4% ZEC tax regime and a technology hub for drones and stratospheric platforms: why TheIPBox chose Fuerteventura for telecommunications research and development.
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Idea
Volcano
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Idea
territory
European stability: the ideal setting for a deep tech company
100% European territory, with all the regulatory, legal, and political stability that comes with it. An area protected by the Spanish military for over fifty years, in a region that hasn’t known instability for decades.
Taxation
ZEC: Europe's most advantageous tax regime for tech innovation
On the tax front, the Canary Islands offer one of the most advantageous regimes in Europe through the ZEC (Zona Especial Canaria) the Canary Special Zone: a 4% corporate tax rate, IRNR exemption, and exemptions on property transfers and documented legal acts.
Technology
Hub
Fuerteventura: a European hub for wireless communication R&D and aerial platforms
The competitive advantage isn’t only fiscal. The Canary Islands serve as a control spot for airspace between Europe and Latin America: Tenerife, Gran Canaria, and La Palma have hosted space observatories owned by governments from around the world for decades, a well-established scientific history that few European regions can claim.
Strategic Position
Between Europe and Latin America: a strategic location for innovative telecommunications
Fuerteventura is currently undergoing significant infrastructure development: a technology park with a dedicated landing strip and a 24h operational control room, from which drones and aerial platforms from across Europe will take off.
FUERTEVENTURA IS THE RIGHT PLACE TO TEST BEFORE TAKING THE TECHNOLOGY ANYWHERE IN THE WORLD