Canary Islands Special Zone (ZEC) Announce 2025 Tax Settlement and Payment Details
Canary Islands Special Zone (ZEC) 2025 Residency Tax Final Settlement
Overview
The President of the Canary Islands Special Zone (ZEC) has approved the final settlement of the 2025 Annual Residency Tax for eligible entities registered in the zone. This decision concludes the administrative process and provides guidance on payment deadlines and procedures.
Entities listed in the official registry can view the tax records online or at local offices in Las Palmas and Santa Cruz de Tenerife.
Payment Details
- Payment for those who domiciled their taxes will be deducted on July 1, 2026.
- Others who haven't arranged payment can do so voluntarily until July 20, 2026.
- Payment methods include:
- Bank transfer
- Check
- Cash at banks such as BBVA, Santander, Caixabank, and Caja Siete
- Entities may also opt for automatic bank deductions via the official portal.
Penalties and Additional Charges
Failure to pay by the deadline will trigger additional charges, including:
- Interest
- Possible enforcement actions
Additional Information
The bulletin emphasizes the importance of timely payments and provides instructions for getting duplicate payment notices if needed.
This update is part of the zone's efforts to streamline tax compliance for businesses operating within the Canary Islands' special economic framework.