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Tenerife Business Services: Starting a Business: Canary Islands


The Canary Islands Business Information System, SIECAN, offers a summary of the main legal
processes for the creation of a business in Tenerife. This is where you can consult the main necessary administrative processes related to the different administrations. It also highlights a section used to explain the processes necessary for setting up a business in Tenerife for a person who is not resident in Spain.

The Canary Islands Business Information System, SIECAN, is a services provides by the government of the Canary Islands and can be accessed through the following link: www.siecan.org

In addition, the Confederation of Businesses of Tenerife has set underway the SIE, the Integral Services for Promoting Employment and the Creation of Businesses. This is a free service, whose goal is to assist the development of business initiatives and the promotional of an entrepreneurial spirit. It offers consultancy services for self employment, training and support for the creation of companies, promoting the social economy, the establishing of networks aimed at knowledge and the promotion of innovative ideas. For further information, head for the web page www.ceoe-tenerife.com with telephone number 900 30 43 04.

Since 1999, a program backed by the General State Authority, the Senior Council of the Chambers of Commerce, diverse Autonomous Communities and Councils has made it possible to establish integral attention centers for the entrepreneur. On a completely free of charge basis, this program has provided guidance services (how to create a company, business viability, types of companies, aid and financing, etc.) and administrative processing services (obtaining the documents, tasks and necessary licenses for creating a company) for every citizen who wishes to set himself up as a businessman.

One stop service

In this service, certain "instructors" provide information to the entrepreneur concerning the degree of maturity defined in the projects submitted, about the proper legal forms, the means of private financing, public subsidies and aid. If the entrepreneur wants to formalize his project at the "One stop Business Service", the instructor opens an administrative file, taking down data about the project from the entrepreneur.

In this case, a government official coordinate the carrying out of the different administrative tasks corresponding to the creation of a company, in close cooperation with the officials of the AEAT Tax Agency, the Social Security Treasury, the Autonomous Community and the Council that are available at the One stop Business Service.

Creating an Online business

The same promoters have created a web page www.vue.es from which it is possible to undertake the complete creation of small and medium sized companies through Internet. The service makes it possible to find out information about the requirements necessary to create a company, guide the user on the steps to be taken and to facilitate online handling of the administrative processes. The web page consists of three large areas:

Before creating your company
Designing your company
Creating your company

The service includes a complete library with detailed information about over six thousand administrative processes concerning the creation of companies.

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