Chapter 12. Canary Islands tax system

Entities that apply the Canary Islands tax regime, in addition to the provisions set forth in the general regulations of the Corporate Tax (contained in Chapter 5 and in Chapter 6 of this Manual relating to the liquidation of the Tax), must take into account the specialities developed below.

1. Deduction for investments in the Canary Islands
2. Canary Islands Investment Reserve
3. Rebates from the liability
4. Companies of the Canary Islands Special Zone (ZEC)
5. Special regime for ships and shipping companies in the Canary Islands