Corporate Tax rate of 4% inside Europe? The Spanish Canary Island Special Zone (ZEC) offers an unrivaled tax regime The European Commission authorized in 2000 a special tax regime for the Canary Islands (know as ZEC), as part of the policy of promoting social and economic development for the region. An unrivaled tax regime for companies...Leer Más
Starting in the current 2018, the Spanish Government has opted to use the obligation of depositing the financial Statements of the previous year before the Companies Registrar (Registro Mercantil) to comply with the EU Directive 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing,...Leer Más
The European Commission authorized in 2000 a special tax regime for the Canary Islands (ZEC), now extended until year 2026. Within the policy of promoting social and economic development for the region, the current tax regime offers what can be considered the most attractive tax environment for companies carrying out industrial, commercial or service activities...Leer Más
