ENESIT
Business establishment · Canary Islands · ZEC

Establish your European operations in Tenerife.

Explore the Canary Islands Special Zone's 4% corporate income tax rate for qualifying activities—with practical support for business establishment, local management and compliant international structuring.

Discuss ZEC eligibility
The Canary Islands Special Zone

4% corporate tax on qualifying ZEC profits.

The Zona Especial Canaria (ZEC) is an authorised preferential taxation regime designed to encourage genuine economic activity and employment in the Canary Islands. Qualifying entities may benefit from a 4% corporate income tax rate on eligible profits, within statutory limits.

The rate is not automatic: companies must meet the regime’s legal requirements, obtain the relevant approval, establish real local activity and comply with ongoing obligations.

Explore the official ZEC information ↗
THE ZEC OPPORTUNITY4%

Corporate tax rate on qualifying ZEC income, subject to eligibility and statutory limits

5 Minimum Canary Islands jobs in Tenerife or Gran Canaria under standard rules
€100k Typical qualifying investment threshold on Tenerife, subject to conditions and exemptions
Our specialist consultancy

From an initial plan to an operational Canary Islands presence.

01 · BUSINESS ESTABLISHMENT

Landing operations & incorporation

Entry strategy, Spanish company establishment, operational planning, service providers, premises and practical coordination of local launch requirements.

02 · MANAGEMENT & SUBSTANCE

Resident director arrangements

Explore suitable Canary Islands-resident directors or administrators, governance arrangements and genuine local decision-making, with attention to legal duties and appropriate corporate controls. Availability and suitability are assessed case by case.

03 · ZEC APPLICATION

Eligibility, application & implementation

Support with an eligible business activity assessment, business plan preparation, investment and employment planning, application coordination and ongoing compliance alongside specialist advisers.

04 · INTERNATIONAL STRUCTURING

Cross-border investment planning

Assess corporate structures and investment flows with international tax and legal specialists, considering economic substance, residency, reporting and applicable anti-avoidance rules.

05 · LOCAL ECOSYSTEM

Talent and business networks

Practical support establishing relationships with local professionals, recruitment partners, universities and relevant business-development organisations.

06 · BUSINESS CONTINUITY

Ongoing corporate coordination

Coordinate administrative, corporate and regulatory obligations with appropriately qualified professionals as operations grow.

Why Tenerife?

A strategic European base for international businesses.

Tenerife combines access to the EU legal and business environment, connectivity between Europe, Africa and the Americas, local talent and specific Canary Islands investment incentives. Official inward-investment resources can help businesses understand the opportunities and available support.

Why Tenerife — official investment information ↗   ·   ZEC Consortium — eligibility and procedure ↗

Information is general and does not constitute legal or tax advice, a guarantee of ZEC approval, or a promise of tax savings. Requirements, qualifying activity, investment thresholds, tax relief and permitted profits depend on current law and the applicant’s circumstances. Resident-director services are subject to separate diligence and appointment.

Start your European expansion

Talk to us about establishing operations in Tenerife.

Tell us about your company, proposed business activity, staffing plans and operational objectives.

Enquire about ZEC establishment