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V0294-22 ·16 February 2022 ·consulta-vinculante Medium impact
Tax

Subrogated employees via business succession may count towards ZEC employment requirements

A company has requested clarification on whether, following a merger by absorption, it can use its previous workforce to meet the employment requirements of the Canary Special Zone (ZEC). The Directorate-General for Tax (DGT) has ruled that employees incorporated through business succession can be included when calculating the maintenance of average staff levels.

In 6 key points

How it affects those involved

Companies undergoing restructuring or mergers within the ZEC can maintain their status by including staff transferred through legal succession in their employment calculations.

Lifecycle

2022-02-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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