CONTACT
Every great story begins with a conversation. We are here to listen and help you find the best solutions for your business.
Contact Details
We have two offices in Tenerife: Santa Cruz and La Laguna. Visit us, call us or write to us — we will be delighted to assist you.
Santa Cruz de Tenerife office
Address
Calle Castillo 15, 2nd Floor
38002 Santa Cruz de Tenerife
Canary Islands, Spain
Phone
Opening Hours
Monday to Thursday: 9:00 - 14:00 and 15:00 - 17:00
Friday: 9:00 - 15:00
Saturdays and Sundays: Closed
San Cristóbal de La Laguna office
Address
Calle 6 de Diciembre 28, 3rd Floor, Door D3
38202 San Cristóbal de La Laguna
Canary Islands, Spain
Phone
Opening Hours
Monday to Friday: 7:00 - 15:00
Saturdays and Sundays: Closed
Send us a message
Tell us about your situation and we will reply within 24 hours.
Frequently Asked Questions
What is the Canary Islands Special Zone (ZEC) and what tax advantages does it offer?
The ZEC is a low-taxation regime authorised by the European Union within the Canary Islands Economic and Fiscal Regime (REF). ZEC entities are taxed at 4% in Corporate Income Tax (compared with the general 25%), provided they meet requirements for investment, job creation and activity in the islands. At JAIZME we study your case and handle the incorporation and ongoing maintenance of the ZEC company.
Who is required to file Form 720 (Modelo 720)?
Spanish tax residents who hold assets or rights abroad worth more than €50,000 in any of the three blocks — bank accounts, securities and insurance, or real estate — are required to file. Since 2024, Form 721 (Modelo 721) also covers cryptocurrencies held in custody abroad. We help you determine your obligation and file it correctly.
What is IGIC and how does it differ from VAT?
IGIC (the Canary Islands General Indirect Tax) is the indirect tax specific to the Canary Islands, equivalent to mainland VAT but with lower rates: the general rate is 7%, compared with 21% for VAT. It is part of the Canary Islands Economic and Fiscal Regime (REF) and gives Canarian businesses a competitive advantage.
How are inheritances and gifts taxed in the Canary Islands?
The Canary Islands apply significant reductions in Inheritance and Gift Tax for direct relatives (groups I and II), which can considerably lower the amount payable. Advance planning is key to optimising the transfer of a business. At JAIZME we manage the entire succession process and advise on the transfer of company shares and business assets.
Do you assist companies and investors that are not resident in Spain?
Yes. We manage Non-Resident Income Tax (IRNR) for foreign investors and companies, as well as the taxation of non-residents with business interests in the Canary Islands. We provide service in both Spanish and English.
What artificial intelligence services do you offer to businesses?
We help Canarian companies integrate AI into their day-to-day operations: process automation, AI agents and internal bots, custom tools and assistants, AI advisory and team training. We combine traditional advisory services with cutting-edge technology.
Where is JAIZME located and how can I get in touch?
We have two offices in Tenerife: Calle Castillo 15, 2nd Floor, 38002 Santa Cruz de Tenerife (+34 922 82 18 77, Monday to Thursday 9:00-14:00 and 15:00-17:00, Friday 9:00-15:00) and Calle 6 de Diciembre 28, 3rd Floor, Door D3, 38202 San Cristóbal de La Laguna (+34 822 10 13 19, Monday to Friday 7:00-15:00). You can also message us on WhatsApp at +34 623 524 745 or email us at info@jaizme.com. We serve clients across the Canary Islands.