Corporation 5 · Menu
Strategic consulting · Canary Islands · since 1990
Corporation 5 · Menu
At Corporación 5 we help companies, public administrations, organizations and social entities to make decisions based on economic bases and verified data. We convert complex information into clear, useful and applicable analyses: we measure the impact of activities, prepare sectoral plans and studies, follow the evolution of the economy, evaluate public policies, calculate costs and rates, and provide specialized technical assistance to management.
Our experience is especially concentrated in the Canary Islands and its islands, with direct knowledge of its business, institutional and sectoral fabric. We work in areas such as culture, events and sports; regional and island economy; industry and energy; employment and training; tourism; transport; trade; dwelling; public finances and primary sector.
We quantify what an event, a company, a sector or an infrastructure contributes to the Canary Islands economy: expenditure generated, production, employment and collection, and its impact on the media. The results allow the promoter to justify sponsorships and subsidies, and the Administration to decide
with data that supports.
• Festivals, concerts and cultural events.
• Sports events and clubs.
• Media and advertising return from sponsorships.
• Previous studies (ex ante) to request sponsorship or public financing
• Impact of companies, sectors and infrastructures.
• Assessment of damages and effects of measures.
Know how the economy evolves and how much an activity contributes.
We diagnose the situation of a sector, an island or an entity and propose objectives, measures, indicators and calendar. The Administration obtains an applicable and measurable plan; the private entity, an objective basis to guide its strategy.
• Sector strategic plans. Trade plans for Candelaria, Puerto del Rosario and El Hierro; Green Islands Trade Plan; Strategic Culture Plan of La Palma; diversification of the tomato sector.
• Island diagnoses and reactivation plans. Reconstruction Plan of La Palma, economic reactivation after COVID-19, "Population, economy and tourism" of Tenerife and La Palma, carrying capacity of La Graciosa.
• Planning of public entities. VISOCAN Strategic Planning Instrument 2023-2025, Strategic Plan for the Ports of Tenerife.
• Labor market, education and human capital. Absenteeism from work, qualifications demanded by companies (ULL), recruitment of talent in hospitality, collective agreements, reduction of working hours, training needs in Africa (CEOE-Spain).
• Sector and market studies. Commercial sector, leisure, tobacco sector, business cooperation with Africa.
Design a plan, a policy, a tax or a fee.
We prepare periodic situation reports, indicator systems and informative publications on the economy of the Canary Islands, each province and each island. Business organizations and institutions thus have updated and comparable information for their dialogue and decision-making.
• Periodic situation reports. CEOE-Tenerife (since 2010), FEDEPALMA for La Palma, Cabildo de Tenerife, Cabildo de La Gomera, City Council of Santa Cruz de Tenerife.
• Data publications. "Canary Islands in graphics", "Islands in graphics" and "Province in graphics" (CEOE-Tenerife, CaixaBank and business confederations of Gran Canaria and Lanzarote).
• Indicator and monitor systems. Synthesis of Indicators for Entrepreneurs and the Self-Employed (SISEA), economy monitors, monitoring the impact of COVID-19.
• Institutional reports. Economics chapter of the Annual Report of the CES of the Canary Islands, “Canary Islands Economy Papers”.
• Macroeconomic studies. Population projections, underground economy, productivity, inflation, bases for the input-output tables of the Canary Islands.
Know how the economy evolves and how much an activity contributes.
We act as an external economic cabinet for institutions, business organizations and public entities. The client has stable technical capacity without expanding its structure, with a response within the deadlines established by daily management.
• Continuous economic advice. Presidency of the Government of the Canary Islands, Cabildos of Tenerife and La Palma, CEOE-Tenerife, parliamentary groups (processing of budgets and amendments).
• Technical assistance to public management. Reports on annual accounts of public commercial companies (2020-2024), budget reports of general directorates, specifications and support for contracting tables, management accounting and scorecards.
• Technical assistance in emergencies. Support for public departments and companies during COVID19.
Have capacity
stable technique.
We analyze and evaluate Canarian taxation, the Economic and Fiscal Regime and public policies: their effect on companies, prices, employment and collection. The Administrations and affected sectors have quantified arguments to design, negotiate or defend a measure.
• Taxation and REF. IGIC, AIEM, ZEC, tobacco and fuel taxation, Social Security exemptions, modernization of the tax system, regional financing.
• Regulatory impact. Housing decrees, measures due to the Iran war (2026), regulation of vacation housing and gambling.
• Policy design and evaluation. FDCAN 2016-2024 results, COVID aid, Training and Employment Plan, aid for electricity and young rent, POSEI file.
Design a plan, a policy, a tax or a fee.
We calculate the real cost of public services and set rates, fees and balance conditions for concessions. The Administration has solid technical support for its ordinances, specifications and tariff reviews.
• Service cost studies. Water supply (San Andrés y Sauces), vehicle removal and storage (Santa Cruz de Tenerife), effective cost of municipal services.
• Regulated taxi rates. Arrecife T1 rate, T4 rate to airports, intercity rate.
• Concessions and economic balance. Viability of sports and social health concessions, HUC cafeterias, fees.
• Costs of the outermost periphery. Additional costs of fishing and aquaculture 2021-2027.
Design a plan, a policy, a tax or a fee.
We evaluate the economic-financial viability of investments, prepare business and viability plans and value companies and assets. Investors, companies and Administrations decide on contrasted projections.
• Investment viability. Hotels, shopping centers, water parks, port expansions, municipal facilities.
• Feasibility and restructuring plans. Bankruptcy and restructuring plans.
• Valuation of companies, brands and assets. Public and private companies, brands.
• Business plans and search for investors.
We prepare economic expert opinions for judicial and arbitration proceedings and technical reports for economic and productive cases. The client has a rigorous and defensible quantification before courts and labor authorities.
• Expert opinions. Valuation of damages, valuation of companies in litigation.
• Technical labor reports. Productive causes for ERE, ERTE and collective dismissals.
• Economic imbalance of contracts. Hotel leases and concessions.
We prepare and process applications for Regional Economic Incentives, subsidies and declarations of interest for investment projects. The company accelerates access to public financing and reduces the risk of denial.
• Regional Economic Incentives (IER). Hotels, logistics platforms, industrial plants, photovoltaic installations, shipyards.
• Grants and funds. Direct COVID aid, Next Generation EU, fleet transformation, trade.
• Declarations of strategic or insular interest of investment projects.
Decide on an investment and obtain financing or
incentives.
Quantify a damage or a cause before a
court or labor authority.
Since 1990, we have accompanied companies and institutions in the Canary Islands with a multidisciplinary team, specialized knowledge and a close vision of each project.
