RIC + Depreciation: The Perfect Combination
RIC (Reserve for Investments in Canary Islands) allows you to defer 90% of tax if you reinvest in your business. Accelerated depreciation lets you deduct your investments faster. Combining both incentives can reduce your tax bill by up to 95%. Very few Canary Islands entrepreneurs take advantage of this opportunity.
- Maximize your legal tax savings
- Reduce your tax by up to 95%
- Accelerate your investment capacity
- Reinvest more in your business
- Competitive advantage in Canary Islands
- Strategically plan investments
Annual
Profit before taxes
Percentage of profits allocated to RIC (max. 90%)
Amount of investment you'll make (machinery, equipment, etc.)
Additional percentage of accelerated depreciation allowed
Your tax rate in Corporate Tax
Your Total Tax Savings
Disclaimer: Important Disclaimer
This calculator is indicative. RIC and accelerated depreciation have strict legal requirements (materialization deadline, eligible asset types, etc.). Actual savings depend on your specific tax situation. This tool does not substitute professional tax advice. Always consult an advisor specialized in Canary Islands tax incentives.
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