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Canary Islands – The audiovisual world is one of the strategic sectors for the diversification of the economy and the creation of more jobs requiring qualifications in the Canary Islands. Let us not forget that the islands have their own special tax regime, and one of the most powerful tax incentives in the whole of Europe: the Canary Islands Special Zone (ZEC). A considerable ecosystem of audiovisual companies has been consolidated under the ZEC regime, where animation films and video games have great potential. However, within the value chain of the companies of this sector, many links can be carried out under this low taxation regime. Indeed, companies that are part of the ZEC have a 4% tax rate on their Corporate Tax, and these include businesses specialised in production, post-production and audiovisual distribution, videogames, animation films and cartoons, photography, edition, rendering and streaming and services provided to film production… Leer más CanariasZEC and the audiovisual sector

The Canary Islands .-The Canary Islands Special Zone (ZEC) is making progress in its strategy which focuses on attracting international investment to the Islands from sectors with great potential such as the audio-visual sector and, in particular, animation, whose activities have the possibility of being carried out under the most competitive tax conditions in Europe, thanks to the special 4% corporate tax rate that is applied. This fact has led to many representative content production companies to operate as ZEC entities; these are companies which work from the Canary Islands on an international scale, generating added value employment and projecting the Islands as an international platform for animation. Therefore, in order to continue to make progress along these lines, the ZEC has travelled to Miami to attend the new edition of an event that has been recognised as the most important annual event in the children’s entertainment industry: the Kidscreen… Leer más CanariasZEC attends the Kidscreen Summit 2020 (miami)

The Canary Islands 07/02/2020– The acting president and vice president of the Canary Islands Special Zone (ZEC), Pedro Alfonso, held a working meeting today at the ZEC head office in Santa Cruz de Tenerife with Sonia García Fariña, the president of the Association of Women Entrepreneurs and Professionals Charter 100 Tenerife, and with a delegation of businesswomen from Business & Professional Women (BPW) Spain, headed by its president, Silvia Vigatá González. Within the framework of the presentation, Alfonso pointed out that the women’s movement is one of overcoming and an example of their efficiency and effort. In addition, he added that in the current economic context companies that do not optimise their taxation regime lose competitiveness. The businesswomen pointed out that the objective of this meeting is to explore new business lines through the benefits of the ZEC, in addition to projecting the opportunities of the Canary Islands as a… Leer más CanariasZEC PRESENTS ITS TAX ADVANTAGES TO A DELEGATION OF WOMEN ENTREPRENEURS FROM CHARTER 100 TENERIFE AND BUSINESS AND PROFESSIONAL WOMEN (BPW) SPAIN