What is the free zone?
The free zone is a space limited for warehousing goods regardless of origin, destination, quantity or nature. The goods are exempt from tariff or indirect taxes while they are within the Free Zone.
Using the free zone as a tool for promoting international traffic.
Transforming Tenerife into the Gateway to Africa or third countries, so that international investors use the advantages of the free zone for the subsequent distribution of goods to Africa, Europe or America.
Favoring the incorporation of companies in the free zone.
What are the advantages of the free zone?
- Cost savings (exemption from source and destination tariffs)
- Agility (simplified customs formalities)
Freedom to process goods. (Imported raw materials may be processed within the free zone and the final product exported).