Actividades permitidas en la ZEC

BUSINESS MODELS AT A 4% RATE IN CORPORATE INCOME TAX

ZEC Promoción

The Canary Islands Special Zone (hereinafter ZEC) is an incentive of the Economic and Fiscal Regime (REF) in the Canary Islands, whose aim is to create employment in sectors that contribute to the diversification of the regional economy and thus promote its development.

For this purpose, the ZEC can accept all companies that intend to develop an industrial, commercial or service-related activity according to a broad list of permitted activities.

One of the most attractive advantages of this incentive is a 4% reduced corporate tax rate, which is applicable to companies that settle and develop an economic activity in the islands.

In exchange for this reduced taxation, companies must contribute in the diversification of economic activity, which is the most important objective of the incentive. They must also meet some established minimum requirements regarding job creation and investment.