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  • Kitesurf en Sotavento de Jandía
  • Aerogeneradores de Fuerteventura
  • Plaza de Cairasco
  • Aerogeneradores
  • Radiotelescopios La Palma
  • El Cotillo
  • Santa Cruz de La Palma
  • Playa de Las Canteras
  • Triana
  • Roque Nublo
  • Gorona del Viento. El Hierro
  • Puerto de Tenerife
  • Puerto de La Luz
  • Plaza España en Santa Cruz de Tenerife
  • Timanfaya
  • La Graciosa
  • Aerogeneradores
  • Cueva de los Verdes
  • Ciudad de Las Palmas de Gran Canaria
  • Teide
  • Gorona del Viento. El Hierro
  • Placas Solares
  • Viaducto Los Sauces
  • Aeropuerto Tenerife Norte Los Rodeos
  • Auditorio Alfredo Kraus
  • Gruas Puerto de La Luz

The best taxation in Europe

Enjoy now the benefits of establishing your business in the Canary Islands.

Corporation Tax only 4%

The Canary Islands have the most attractive tax incentive of Europe: the ZEC, which allows a fixed tax rate of 4% compared to the European average which rises to 23%.

Platform with Africa

The Canary archipelago is positioned among the best places for the establishment of entities which aims to operate with Europe, America and Africa.

Full legal security

In the Canary Islands you’ll find the maximum physical and legal security, dividend repatriation without restriction and the relief of the ZEC framework.

The ZEC presents its Innovative New Features

This morning, the president of the Special Canary Island Area (ZEC per its Spanish acronym), Beatriz Barrera, and vice-president Milagros Luis Brito presented the news that this low taxation system that was authorised by the European Commission (EC) at a press conference at this institution’s headquarters in Las Palmas on Gran Canaria. The regulatory modifications that make reference to this regional aid from the State are detailed in Royal Decree-Law 15/2014 of 19 December, modifying the Canary Island Economic and Tax Regime (REF per its Spanish acronym), which entered into force on 1 January of this year.

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The president of the ZEC meets the German Ambassador in Spain

The president of the ZEC, Beatriz Barrera, has met the German Ambassador in Spain, Peter Tempel, to continue working together in the promotion of the fiscal benefits the ZEC offers among German investors, since Germany is one of the most established markets within the ZEC. By the end of 2013, Germany leaded the ZEC’s census of operational activities due to the number of German capital companies. The data for the first half of the year 2014 show the registration of more new German capital companies, along with an increasing importance of foreign investment in ZEC’s registered entities. The companies registered during the first six months of the present year, show a foreign capital of 79.4%, while during the first half of 2013 only reached 66%. This trend shows that the ZEC is beginning to arouse increasing interest amongst foreign investors who now see the Canary Islands as a business platform to operate with international emerging markets from the Islands.

Las Palmas

C/ León y Castillo, 431, Edificio Urbis 4ª planta
35007, Las Palmas de Gran Canaria (España)
Tel. +34 928 490 505
Fax: +34 928 273 274

Santa Cruz de Tenerife

C/ Villalba Hervás, 4, 5ª planta
38002, Santa Cruz de Tenerife (España)
Tel. +34 922 298 010
Fax: +34 922 278 063