Do you have a company and want to save money?

In the Canary Islands Special Zone, all entities and branches that carry out an industrial, commercial, service or other permitted activity are able to establish themselves in the Canary Islands Special Zone and in so doing benefit from a range of tax advantages.

How can we help?

Establish your business in the Canary Islands to get the best tax benefits in Europe

The Canary Islands Special Zone (ZEC) is a low-tax zone created within the framework of the Canary Islands Economic and Tax Regime (REF), with the aim of promoting the economic and social development of the archipelago and diversifying its productive structure.

Do you have a company? Open a branch in the Canary Islands

Learn about the main advantages of belonging to the Canary Islands Special Zone

4% tax

ZEC companies are subject to corporate tax at a reduced tax rate of 4% (compared to 23%, the European Union (EU) average).

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Exempt from withholding

Dividends distributed by ZEC subsidiaries to their parent companies in another EU country are exempt from withholding tax.

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Exempt from taxation

Exemption from taxation on Patrimonial Transfers and Documented Legal Acts.

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Exempt from IGIC

For the deliveries of goods and services between ZEC entities and imports.

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We prepare all the necessary documentation

We guide you at all times, from beginning to end

Sectors

Activities that can be carried out in the ZEC are very diverse in both industry and in the area of services and wholesale trade.

Services to companies and outsourcing

The outsourcing of "non-core" business functions and processes is a business trend that finds itself in the midst of an acceleration phase.

Audiovisual

Deduction for national or international productions between 40% and 45%.

Marine sector

The Canary Islands are the ideal base for expanding into the emerging and consolidated markets of the Mid-Atlantic.

Transport, logistics and distribution

The Canary Islands' location in the middle of the Mid-Atlantic trade routes has made them a commercial and logistical hotspot.

Tourism

The Canary Islands and its top-level tourist industry form a privileged and stable environment to base international expansion.

Information and Communication technology

The Canary Islands are an optimal ecosystem due to its archipelagic idiosyncrasy and its historically cosmopolitan character.

Do you have a company and want to save money?

Establish your business in the Canary Islands to get the best tax benefits in Europe

Do you have a company? Open a branch in the Canary Islands

Learn about the main advantages of belonging to the Canary Islands Special Zone

4% tax

Exempt from withholding

Exempt from taxation

Exempt from IGIC

We prepare all the necessary documentation

We guide you at all times, from beginning to end

Sectors

Services to companies and outsourcing

Audiovisual

Marine sector

Transport, logistics and distribution

Tourism

Information and Communication technology

Our offices

Madrid (delegation)

Barcelona (delegation)

Arrecife

Puerto del Rosario

Gran Tarajal

Morro Jable

Corralejo

Gran Canaria

Tenerife