Chapter 12. Canary Islands tax system

Entities applying the Canary Islands tax regime, in addition to the provisions set out in the general regulations of the Corporate Income Tax (contained in the Chapter 5 and in the Chapter 6 of this Manual relating to the settlement of the Tax), must take into account the special features that are developed below.

1. Deduction for investments in the Canary Islands
2. Canary Islands Investment Reserve (RIC)
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