ZEC companies: pay 4% Corporate Income Tax
The Canary Islands Special Zone allows entities that meet the activity, investment and employment requirements to pay 4% Corporate Income Tax, one of the lowest rates in Europe. As tax lawyers, we assess your eligibility, incorporate and register the company and safeguard its compliance so you can take advantage of the regime with total legal certainty.
Everything involved in operating under the Canary Islands Special Zone
4% Corporate Income Tax rate
ZEC entities pay 4% on the part of the tax base linked to their authorised operations, compared with the general rate. We delimit which income benefits and within what limits.
Investment and employment requirements
The ZEC requires a minimum investment in assets and the creation and maintenance of a minimum number of jobs. We design your structure to meet them from day one.
Authorised activities
Only certain activities can qualify for the ZEC. We check that yours is included and define it correctly in the company's purpose and in the application.
Registration in the ROEZEC
The tax benefit depends on being registered in the Official Register of Canary Islands Special Zone Entities. We prepare the application and handle the registration.
Compliance and annual report
A ZEC entity takes on formal and reporting obligations that must be maintained over time. We handle the monitoring so you don't lose the regime.
Compatibility with RIC, DIC and the rest of the REF
The ZEC combines with other incentives of the Canary Islands Economic and Tax Regime. We plan the whole package to maximise savings without incompatibilities.
We apply the ZEC and defend it before the Spanish Tax Agency
The ZEC is a great advantage, but failing to meet the investment, employment or activity requirements is one of the main causes of losing the regime and of adjustment. We combine tax advice with legal defence so you can pay 4% with no surprises.
We assess whether your project fits the ZEC
Tell us about your activity and your investment and employment plan and we will tell you whether you can qualify for the ZEC and how to do it safely. First consultation free of charge.
Have you received a notification from the Spanish Tax Agency?
Don't let the deadlines pass. We study your case and advise you on filing the appropriate appeal or submission.
- Personalised analysis
- Expert defence
- Avoid penalties
Request your tax advice now with a specialist lawyer
Leave us your details and we will get in touch to assess your case personally.
Jaime Gutiérrez
CEO