The Canary Islands have the best tax regime in Europe, offering great tax advantages that make the islands the perfect place to host audiovisual projects of all kinds of stories to tell.
Up to 54%
Deduction for investment in Spanish productions or co-productions
Up to 54%
Direct deduction for investment in foreign productions
Up to 54%
Direct deduction for investment in foreign productions (Tax Rebate)
Up to 54%
Deduction for investment in Spanish productions or co-productions (Tax credit)
ZEC -
Canary Islands Special Zone
4% in Corporate Income Tax
RIC
Reserve for Investments in the Canary Islands – 0% IGIC