ES-CN

Canary Islands (Spain)

Corp Tax: 25%Setup: 400 EURIncorporate: 14 daysData Quality: 100%

Tax Rates

Corporate Tax

25%Verified Aug 58067

Small Business Rate

Effective Corporate Rate

Capital Gains

25%Verified Aug 58067

Personal Income (Top)

47%Verified Aug 58067

VAT

7%Verified Aug 58067

VAT Reduced Rates

0%, 3%, 9.5%, 15%, 20%

Dividend Withholding

19%Verified Aug 58067

Tax System

System Type

worldwideVerified Aug 58067

Foreign Income Taxed

Yes

CFC Rules

YesVerified Aug 58067

Transfer Pricing

highVerified Aug 58067

TP Documentation Required

Yes

Incentives

IP Regime

AvailableVerified Aug 58067

IP Effective Rate

10%

Crypto Tax

capital gainsVerified Aug 58067

Crypto Rate

28%

Participation Exemption

AvailableVerified Aug 58067

Covers Dividends

Yes

Covers Capital Gains

Yes

International

Total Treaties

93Verified Aug 58067

Double Tax Agreements

Key Partners

United States, United Kingdom, Germany, France, Italy, China, Japan, Canada

Exit Tax

YesVerified Aug 58067

Exit Tax Rate

25%