Discover ZEC tax advantages for ...
The Canary Islands has the most attractive tax incentives in Europe: ZEC, which allows a fixed rate of 4% against the European average between 25% and 30%.
In the context of the ZEC the following areas are highlighted: Audiovisual production, Information and telecommunications, Renewable energy, Recycling, Trading, Outsourcing, Industry ...
Discover all the tax benefits the ZEC offers:
- Corporate income tax at 4%
- Maximum legal security
- Repatriation of dividends without restraint
- Other advantages
The Canary Islands are positioned in the Atlantic Ocean as a strategic point between three continents: Europe, America and Africa.
The islands offer legal security and the lowest taxation in the European Union framework. The ZEC is an opportunity to get the best return on your investment.
- Canary Islands Special Zone in-depth...
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Within the Canary Islands Special Zone (ZEC) can operate companies which contribute to the diversification of the Canarian productive system.
In this regard, the Commission establishes through a list of economic activities, the business profile that can benefit from tax exemptions which allows this tax incentive.
Since its approval by the European Commission, ZEC has recorded from 2001 to January 2012 the following figures:
Total authorized companies on January 2012:
- Number of companies: 899
- Jobs undertaken within 3 years: 13.373
- Committed investment within 2 years: € 1.607.097.309
Total registered companies on January 2012:
- Number of companies: 558
- Jobs undertaken within 3 years: 7.533
- Committed investment within 2 years: € 578.190.907
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Monday, 20 February 2012With the knowledge of the Finance and Public Administration Ministry to which is attached the ZEC, Beatriz Barrera has initiated a series of meetings with leaders of Public Institutions and with social and economic leaders with the aim of assessing their contributions to improve and promote the modification of the Canay Islands
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Canary Islands, a focus for investment projectsMonday, 18 July 2011A technician from the Canary Islands Special Zone (ZEC) hold a meeting in London with investment bankers and members of the international firm KPMG for the purpose of some major investment projects could be established in the Canary Islands through this low taxation incentive.
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The ZEC and CESCE continue their online collaborationThursday, 02 June 2011The president of the Canary Islands Special Zone (ZEC), Juan Alberto Martin, this morning held a meeting with José Manuel Santamaría and José Miguel Campuzano González Álvarez, both directors of the Spanish Company "Insurance Credit to the Export (CESCE).
The aim of this second meeting was to promotion the benefits of this tax between the client companies they work with the ECESB.
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Working MeetingTuesday, 26 April 2011The president of the Canary Islands Special Zone (ZEC), Juan Alberto Martin, held a working meeting with members of the Territorial Commerce Direction of Santa Cruz de Tenerife, including, Pilar Merino, Who mainly dealt the advantages of this tax instrument to attract investment and innovative business.
