Skip to Content

Expert consulting in the ZEC regime of the Canary Islands

Welcome to GM Legal and Tax Consulting

Get in touch

Reviewing a document with a statue of justice in the background

What is the ZEC zone?

Boost the growth of your business by taking advantage of one of the most favorable tax frameworks in Europe. From the Canary Islands, access a strategic environment with unique tax benefits, without the need to relocate.

The Canary Special Zone (ZEC) is a tax regime authorized by the European Union, designed to attract international investment through highly competitive tax conditions. Companies under the ZEC pay only 4% in Corporate Tax (compared to the usual 25% in other European regions) and enjoy advantages such as exemptions on dividends and operational freedom from a key geostrategic point between Europe, America, and Africa.

Get informed

Pay 4% and grow your business from the Canary Islands

The most powerful tax alternative for ambitious entrepreneurs.

If you are looking to significantly reduce your tax obligations and maximize your business profitability, the ZEC is the ideal tool. With the legal backing of the Canary economic regime and the legal security of the EU, you can save tens or hundreds of thousands of euros a year.

Key advantages of operating under the ZEC:

  • Corporate Tax of 4%, well below the European average
  • Exemption from withholding on distributed dividends
  • Direct access to the European market and international connectivity
  • Modern infrastructure to boost global businesses
Our team answering client inquiries

Additional tax benefits of the ZEC

Up to 21% tax savings, which you can reinvest in expansion

Stable business climate with investment and development incentives

Significant reduction in tax burden and improvement of net margin

Ease of operating globally with the backing of European regulations

Tax advisory meeting

R&D&I incentives in the Canary Islands

Companies that invest in innovation, development, or technological research projects can access specific tax deductions. These benefits are especially generous in the Canary territory.

Requirements:

  • Subject to Corporate Tax
  • Make the investment in Spanish territory (additional improvements if in the Canary Islands)

Advantages:

  • No need to apply for calls or compete with other companies
  • Deductions are directly adjusted to the volume of investment
  • The technical or commercial success of the project does not condition the incentive
  • Valid for all economic sectors and types of innovation