Sometimes
companies pay high rates of tax when in fact their business could be
operated in low tax zones, without contravening any regulations whatsoever.
Ceuta has a System of Taxation worth getting to know. If your commercial,
industrial or service industry activities fall within the established
provisions, you could, in certain circumstances, benefit from a 50%
discount on your Income Tax with respect to earnings made in Ceuta or
on the mainland.
Furthermore,
there are no customs duties, tariff quotas or contingents, nor is there
any VAT, and products manufactured in Ceuta may enter the EU market
without the payment of duties, or the levying of import quotas, if they
fulfil certain conditions. Manufacturers do not need to be told how
important these factors are. Ceuta is a small, friendly city, where
investors are made particularly welcome by both the central and autonomous
administrations, which provide substantial grants for new investments
and ideas.
It has
a magnificent port with international connections and is located forty-five
minutes from Algeciras or two hours by helicopter or plane from Madrid.
Interservicios offers expert advice to businesses and private individuals
wishing to invest in Ceuta. Our range of skills covers taxation and
finance in general. Our financial reports and day-to-day guidance help
companies to become more competitive and profitable. An initial contact,
with no obligations, could prove to be a very positive step.