- Special Zone of the Canary Islands (ZEC): 4% Company
Tax for registered companies.
- Free Zone (ZFT): Exemptions from import and export rights.
- 7% IGIC versus 21% VAT
- RIC (Investment Reserve): allows up to 90% of tax savings.
- No withholding taxes.
- Large deductions (up to 45%) for investment in R & D, Innovation Activities and Audiovisuals.