Tax Advisory in Tenerife and the Canary Islands

Key tax services

• Tax planning in the Canary Islands: corporate structure, related-party transactions, optimisation of IGIC and corporate income tax and use of the REF (ZEC, RIC).
• Periodic tax management: periodic returns, annual summaries, statutory records and formal obligations.
• Business registrations and changes: self-employed professionals, SMEs and subsidiaries; procedures before AEAT and Canary Islands Tax Administration.
• Tax authority notices and audits: technical responses, corrections and defence of tax positions.
• International and digital economy: online sales, EU/non-EU operations, marketplace, invoicing and IGIC place-of-supply rules.
• Special projects: implementation under ZEC (4% corporate income tax rate, subject to authorisation and legal requirements), eligible investment planning for RIC, investment incentives and audiovisual.

Would you like an initial assessment? Schedule a video call and we’ll give you an initial diagnosis.

Why choose Advixy

• Specialists in the Canary Islands: practical expertise in IGIC, REF, ZEC and RIC applied to real businesses.
• Certified methodology: processes and document control supported by UNE 420001:2024 certification (certificate 100474) and ISO 9001:2015 certification (certificate 010474). The Madrid Chamber of Commerce highlighted Advixy as the first advisory firm in the Canary Islands to achieve UNE 420001 certification.
• 360º approach: coordination across tax, accounting, employment and technology to avoid bottlenecks.
• Senior team and direct support: clarity, deadlines and proactive communication.
• Measurable results: tax calendar, KPIs and management-ready reports.

Tax advisory in Tenerife: how we work

1) Assessment & plan

Review of your business model, current tax position, risks and opportunities in the Canary Islands. We define an annual tax plan with milestones and calendar.

2) Ongoing compliance

Tax filings, statutory records and change control (new lines of business, hiring, investments, foreign trade).

3) Optimisation & defence

Planning and use of Canary Islands incentives, preparation of supporting files, responses to tax authority notices and support during audits.

Canary Islands, our specialty: IGIC, REF/ZEC and RIC

IGIC (Canary Islands General Indirect Tax)

Analysis of applicable rate, exemptions, place-of-supply rules (services/sales to mainland, EU and third countries), invoicing and books. We avoid typical mistakes when migrating from VAT to IGIC or when operating from mainland Spain to the Canary Islands.

ZEC (Canary Islands Special Zone)

Eligibility study, corporate structure, eligible activities, employment/investment, governance and compliance. We prepare your ZEC dossier and daily operation to apply the 4% corporate income tax rate, subject to authorisation and continued compliance with the legal requirements.

RIC (Reserve for Investments in the Canary Islands)

We plan how RIC funds are allocated to productive assets, employment, R&D or eligible investments, with a supporting report and ongoing monitoring.

Mainland Spain/EU operations ↔ Canary Islands

Sale of goods, digital services, logistics and mixed invoicing. We define flows and invoices to reduce friction and risks.

Sectors we support

• Trade and retail (physical store + e-commerce)
• Hospitality and tourism (restaurants, accommodation, activities)
• Professional services and tech startups
• Audiovisual and incentive projects
• Light industry and logistics (import/export)
• Technology, ICT and innovation (R&D&I, software, digital platforms, digital transformation, tech companies)

Local coverage in Tenerife (and digital service throughout the Canary Islands)

We are based in Santa Cruz de Tenerife and work daily with clients in La Laguna, Adeje, Arona, Granadilla, Puerto de la Cruz and the rest of the island. We also operate 100% online for companies in Gran Canaria, Lanzarote, Fuerteventura, La Palma, La Gomera and El Hierro.

What our tax advisory service can include

• Periodic management of IGIC and IS ( timely filings).
• Closing and reporting: quarterly and annual summary with key metrics.
• Proactive risk review (ATC/AEAT criteria, regulatory changes).
• Document support: contracts, invoices, books, incentive files.
• Accompaniment before requirements and inspections.

Do you also need payroll and employment advice or accounting? We coordinate the full service so that tax, employment and accounting remain aligned (tax + employment + accounting).

Frequently Asked Questions (FAQ)

IGIC or VAT?

In the Canary Islands IGIC is applied, not VAT. If you sell to mainland Spain or the EU, we analyze place-of-supply rules and documentation to avoid double taxation or rate errors.

Do you work with self-employed professionals and SMEs?

Yes, we adapt the plan to your size: from self-employed to SMEs with several lines of business or international activity.

Can you help if I have received a tax authority notice?

Of course. We review the case, prepare the technical response and support you through to resolution.

How can ZEC and RIC be used?

With previous planning and control of requirements. We guide you through eligibility, supporting reports and annual compliance.

Do you offer 100% online service?

Yes, we sign digitally, work in the cloud and coordinate everything by video call and secure channels.