The Chamber promotes competitiveness in Lanzarote by disseminating the advantages of the REF

Entrepreneurs and professionals from Lanzarote and La Graciosa discover firsthand the fiscal and economic incentives offered by the Economic and Fiscal Regime

EKN

September 19 2025 (10:05 WEST)
Jornada REF (2)
Jornada REF (2)

The Chamber of Commerce of Lanzarote and La Graciosa held a training day this Thursday focused on the Canary Islands Economic and Fiscal Regime (REF).

This initiative is part of the first Training Plan for SMEs, entrepreneurs and self-employed workers on REF incentives, promoted by the REF Commissioner of the Government of the Canary Islands, José Ramón Barrera. This strategic program, which started this week in Lanzarote, includes more than 60 training actions including talks, workshops and courses on all the islands until December.

Its objective is to translate the regulatory framework of the REF into clear, practical and accessible content, facilitating its effective application in the day-to-day of the productive fabric.

 The day was inaugurated by the president of the Chamber of Commerce of Lanzarote and La Graciosa, José Valle Martínez, who highlighted the importance of companies knowing the REF not only as a fiscal incentive, but as a strategic tool for investment, sustainable growth and job creation.

“Lanzarote and La Graciosa must continue to invest in specialized technical training, especially in taxation, so that companies can make informed decisions and adapt to a dynamic economic environment,” he said.

The dean of the Official College of Economists of Las Palmas, D. Alcibíades Trancho Lemes, participated in the day to reaffirm the institution's commitment to continuous training and specialized support for companies and professionals in the archipelago. He highlighted the collaboration agreement with the REF Commissioner, which strengthens the dissemination of the Canarian jurisdiction and its effective application in the Canarian productive fabric. He stressed that, when properly applied, the REF can be a decisive factor for the viability and sustainability of numerous business projects in the islands.

 

The College of Economists teaches practical cases

 The technical part of the day was taught by the vice-dean of the Official College of Economists of Las Palmas in Lanzarote, D. Argeo Mesa Viñas, who explained in detail the main fiscal benefits of the REF, including the Reserve for Investments in the Canary Islands (RIC), the Canary Islands Special Zone (ZEC), fiscal deductions for investments and other specific bonuses.

During his speech, he delved into how these tools can be integrated into the financial and fiscal planning of companies and self-employed workers, explaining requirements, compatibilities and medium and long-term benefits.

In addition, the role of the REF as an engine for attracting investment and generating qualified employment was highlighted. The session included real examples and a round of questions that allowed attendees to apply the knowledge to their own realities.

During the day, real cases of successful application of the REF in different economic sectors were presented, highlighting how it can facilitate productive investment, from the purchase or renovation of facilities and equipment, to the acquisition of software to digitize businesses or the optimization of the transport of goods.

With limited places and full capacity, the event was highly valued by the attendees, who highlighted the practical approach and expert support.

The Business Consolidation Tutoring program is carried out thanks to the support of the General Directorate of Economic Promotion and Diversification of the Ministry of Economy, Industry, Commerce and Self-Employed Workers of the Government of the Canary Islands and the co-financing of the ERDF Operational Program Canary Islands 2021-2027.

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