Business and Taxes

  • Banks

    Banks  

    There are banks in every town and village in Tenerife and in larger cities and tourist resorts there are many. Opening hours for banks are from 08.30 to 14.00... [+]

  • Rebate of IGIC (General Indirect Tax of the Canary Islands)

    Rebate of IGIC (General Indirect Tax of the Canary Islands)  

    Those businesses or professionals not established in the Canary Islands can request a rebate of the amount of IGIC paid for the importation of goods, or that has... [+]

  • Shop opening hours

    Shop opening hours  

    Aunque en Tenerife el horario habitual de apertura de las tiendas es de 10 a 13.30 horas y de 17 a 20.30 horas, en las zonas turísticas este horario suele ser más... [+]

  • Taxes

    Taxes  

    The Canary Islands are part of Spain and therefore belong to the European Union. Nonetheless, they have a specific fiscal system given their geographical... [+]

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