• Tenerife International Business Centre SL
  • Calle Cándida Peña Bello 8
  • 38631 Las Galletas (Santa Cruz de Tenerife)
  • 922 730 210
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Stay up to date with news, featured properties for sale, changes in laws and other useful information in Tenerife and the rest of the Canary Islands here.

New Taxes for 2019

New Taxes for 2019

05 11 - 2018

The Government has launched a range of tax increases for 2019 of 5,678 million euros that will impact especially on companies, individuals and investors, with increases in Corporate Tax, Income Tax and Equity, and with the creation of a technology tax and a tax on financial transactions. The plans also include the taxation of diesel, of income from capital, of real estate and of 'unit linked' investments. The Government and the "Podemos" party  have agreed to a tax increase of 5,678 million euros that will impact especially on companies, individuals and investors. This forecast, which includes several measures to combat tax fraud, is estimated in the face of the 2019 Budgets. Companies and financial operators will take the brunt of the hike. Imposing a minimum rate on companies...

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How to avoid paying capital gains tax on your sale

How to avoid paying capital gains tax on your sale

19 10 - 2018

New changes to Transmissions of assets for fiscal residents of Spain over the age of 65. There has been a reform in the law whereby fiscal residents of Spain over the age of 65 may invest the amount of capital gains tax due after the sale of their proeprty (or any other assets) in to a lifetime savings plan which can pay them back on a monthly, quarterly, bi annually or annual basis. The reform includes a new case of exclusion of taxation of capital gains that are due as a result of the transmission of assets (not necessarily real estate) by tax payers over the age of 65, provided that the amount (total or partial) obtained from the transfer is deposited within a period of six months to a life annuity plan (savings plan), under the conditions that are determined by this law. The...

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Autumn Special Offers from Liberty Seguros

Autumn Special Offers from Liberty Seguros

28 09 - 2018

60 Euros Cashback on new House and Car Insurance Policies! Only for new insurance policies issued and in force before the 20th of December 2018 and paid by Direct Debit. Not for renewals or replacements. Valid throughout the Canary Islands. Valid for... Comprehensive Car Insurance: policies over €300. Click here for a quick Car Insurance quote. Home Insurance: policies over €150. Click here for a quick Home Insurance quote. €60 Cashback for NEW Insurance Policies for EXISTING clients. €30 Cashback for NEW CLIENTS. New clients receive €60 on any ADDITIONAL policies you take out with us. No limit to the number of policies!   Tenerife International Business Centre SL are exclusive insurance agents for Liberty Seguros. We pride ourselves in our attention to...

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Macmillan Cancer Support Week

Macmillan Cancer Support Week

16 08 - 2018

🎉 CHARITY WEEK NOTICE 🎉 From the 24th to the 28th of September, Tenerife International Business Centre SL will be donating €5 to 💝 Macmillan Cancer Support 💝 for every insurance policy sold that week. If you would like to help us support this great cause and receive a competitive quote during that week, please email chris@tibc-sl.com or fill out a quick insurance quote request form. Prices from: €80 House Contents Insurance €120 House Contents and Building Insurance €100 Pet Insurance €48 Funeral Insurance €60 Life Insurance for €30,000 of cover

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7 Things to Consider - Renewing a Rental Contract

7 Things to Consider - Renewing a Rental Contract

06 08 - 2018

  1. Extensions The duration of the rental contract can be agreed freely by othe wners and tenants. However, this autonomy of will is limited by the existence of an OBLIGATORY annual extension for the LANDLORDS and VOLUNTARY for the TENANTS. In this regard,  the reform of the Law of Urban Leases states that new contracts under three years, "Will be mandatorily extended for annual periods until reaching [3 years]." However, in both cases it is a privilege that the tenant has, who can decide whether or not to continue with the lease of the property. Once the initial duration periods have elapsed, "If neither party notifies the other of its will not to renew it" in the case of contracts signed prior to the LOU reform, the document it will be extended, "Obligatorily for...

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New Funeral Plan by Liberty Seguros in Tenerife

New Funeral Plan by Liberty Seguros in Tenerife

03 08 - 2018

We're proud to annouce Liberty Seguros now offer an extremely competitive Funeral Plan for residents in Tenerife, Fuerteventura and Lanzarote. You can now rest assured your funeral costs and support for your family can be provided for WITHOUT having to pay a lump sum upfront which is what some funeral plan providers require. Prices are based on your postcode and age. There are big discounts available for existing Liberty Seguros clients. Prices for Liberty's Funeral Plans range from just €45 PER YEAR for a 30 year old to €130 a year for 70 year olds. For more information on what is included in this funeral plan and more detailed pricing, visit our Liberty Seguros Funeral Plan in Tenerife page. Home Insurance is available from Tenerife International Business Centre SL based...

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Last Chance for Springs' Special Offer

Last Chance for Springs' Special Offer

22 06 - 2018

You only have until Monday the 25th of June 2018 to save money on your insurance! Liberty Seguros are offering 30 Euros cash back to new customers and 60 Euros cash back to existing clients.* Fill out our quick online form and receive a quote direct to your inbox   *Terms and conditions apply. Read all the terms and conditions about this special offer here. Tenerife International Business Centre SL are exclusive insurance providers/agents for Liberty Seguros Expatriates in Tenerife. Liberty Seguros DGSFP: CO467B38345369

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How to claim back your bank mortgage costs

How to claim back your bank mortgage costs

20 06 - 2018

The expenses that consumers usually assume in order to formalize their mortgage loan are going to court, and many judges are backing claims by clients and demanding that banks assume part of the cost. To facilitate the process, we have developed a guide to answer some questions, such as who can claim, what type of loan, what paperwork has to be done or how much money can be recovered. In 2015, the Supreme Court declared null the clause that the charges are always the responsibility of the buyer of the house. This ruling has led thousands of mortgage clients to claim the money they overpaid before the courts. If you require assistance or would like TIBC to handle the reclaim for you, we charge a set fee of €250 + IGIC. Get in touch with Teresa on teresa@tibc-sl.com. So lets...

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FAQs on Rental Laws in Spain

FAQs on Rental Laws in Spain

19 06 - 2018

This post is to highlight Articles of interest concerning residential letting from the Spanish Decree 29/1994 which outlines the "Urban Letting Laws" or "Ley de Arrendamiento Urbano 29/1994, de 24 de noviembre". This information is correct as of June 2018 and is not to be relied upon solely to support any legal proceedings. If you require legal advice or would like to take legal action, we recommend you get in touch with a lawyer. Rental Deposits Landlords can ask for no more than one month's deposit/bond. Rental deposit cannot be increased until 3 years after the start date of the initial rental contract. The deposit can then be increased each time the contract is renewed but cannot exceed the amount of rent payable per month. The deposit must be returned within 30...

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Spring Liberty Seguros Insurance Offer

Spring Liberty Seguros Insurance Offer

02 03 - 2018

60 Euros Cashback on new House, Car and Life Insurance Policies! Only for new insurance policies issued and in force before the 25th of June 2018 and paid by Direct Debit. Not for renewals or replacements. Valid throughout the Canary Islands. Valid for... Comprehensive Car Insurance: policies over €300. Click here for a quick Car Insurance quote. Home Insurance: policies over €150. Click here for a quick Home Insurance quote. Life Insurance: Policies over €200. €60 Cashback for NEW Insurance Policies for EXISTING clients. €30 Cashback for NEW CLIENTS. New clients receive €60 on any ADDITIONAL policies you take out with us. No limit to the number of policies. Tenerife International Business Centre SL are exclusive insurance agents for Liberty Seguros. We...

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Latest Flu Epidemic & Private Medical Insurance

Latest Flu Epidemic & Private Medical Insurance

30 01 - 2018

Winter 2018 - I know there's a hell of a lot of people been taken ill recently with this terrible flu virus... I just thought I'd try and offer some advice to those affected. I had it for 2 weeks and kept putting it off - I thought anti biotics wouldn't do anything as it was a virus but then ended up with pneumonia and was in pretty bad shape to say the least! SO, if anyone does have it or knows anyone with it, please make sure you/they get to a doctor if it's still there after a week as I was told it's what I should have done. Oh, and ignore those who just tell you it's man flu ;) I've always had a slight resentment towards paying my private medical insurance each month as I haven't really used it that much but I am SO grateful I have it after being hospitalised for 2...

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Comms. from the Canarian Gov. RE. Plastic Bags

Comms. from the Canarian Gov. RE. Plastic Bags

12 01 - 2018

WITH THE TART OF THE NEW REGULATIONS ON PLASTIC BAGS. TO START IN YEAR 2.018 ....... (With margin until 01.03.2018). RD Project of the Ministry of Agriculture and Fisheries, Food and Environment. -------------------------------------------------- -------------------------------------------------- --- We inform you:   That from the day 01.03.2018, “YOU SHOULD CHARGE FOR" plastic bags in the Shops that sell to the Public.   1 - Light Plastic Bags ..................... are those with a thickness lower than 50 microns.      (T-shirt bags) 2 - Very Light Plastic Bags ............ are those with a thickness lower than 15 microns.     (Thin Bags for Fruits and Vegetables / Hygiene) 3 - Oxi degradable Plastic Bags ... They are those that are transformed...

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Calle Cándida Peña Bello 8
38631
Las Galletas (Santa Cruz de Tenerife)
  • Tenerife International Business Centre SL
  • Calle Cándida Peña Bello 8
  • 38631 Las Galletas (Santa Cruz de Tenerife)
  • 922 730 210

© Tenerife International Business Centre SL 2021

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