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Management of the Reserva para Inversiones en Canarias (RIC, Canary Islands Investment Reserve) and Modelo 282

Management of the Reserva para Inversiones en Canarias (RIC, Canary Islands Investment Reserve) and Modelo 282 is filed with Agencia Estatal de Administración Tributaria (AEAT). With Managora you do it 100% online: you answer a few questions, sign a digital mandato (power of representation) and we draft, sign and file your application for you. Estimated total cost: €450 to €950. Official tasa (government fee): Official tasa (official fee) not confirmed in the source consulted. We will tell you in writing before you pay anything.

Get the most out of the tax savings for your business in the Canary Islands by applying the RIC (a reduction of up to 90% on undistributed profits). We plan your allocation, keep a close eye on the legal deadline to invest it, and file the compulsory Modelo 282 with the tax office so that you avoid penalties.

This procedure is quoted case by case, not sold at a list price

the allocation and the investment plan depend on your accounts and on how much of the legal deadline you have already used up. Tell us about your case and we will look at it: the quote is free and without obligation, and we confirm it in writing before we start.

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Estimated total cost
€450 to €950
Managora's fee
€544.50 (21% VAT incl.)
Tasa (official government fee)
Official tasa (official fee) not confirmed in the source consulted. We will tell you in writing before you pay anything. (suplido: paid to the authority on your behalf, no VAT)
Processing time
The maximum period to invest the reserve is 3 years, counted from the date the tax fell due for the year in which the reserve was allocated (which means an effective period of up to 5 years from the moment the profit was earned).
Where it is filed
Agencia Estatal de Administración Tributaria (AEAT) ↗
What you receive
Application

Cost breakdown: Our fee for the study, planning and filing from 450 € (varies according to complexity and the volume of investments to be evidenced). This procedure is exempt from official fees..

Management of the Reserva para Inversiones en Canarias (RIC, Canary Islands Investment Reserve) and Modelo 282: how is it filed?

  1. 1Complete the form telling us whether you are taxed as a self-employed person or as a company, and the basic details of your profit.
  2. 2Attach the tax and accounting documents we ask for so that our team can assess whether it is feasible.
  3. 3A tax expert will review your case to make sure you do not exceed the legal limit (90% of undistributed profit) and that the source of the funds meets the requirements.
  4. 4We will design a thorough 3 year timetable for making your investments and take care of preparing and filing the Modelo 282 electronically.

Which documents do you need?

  • •Latest corporate income tax or IRPF (personal income tax) return
  • •Annual accounts, trial balance or the business's record books

Legal basis and things to bear in mind

  • The Reserva para Inversiones en Canarias requires a specific accounting allocation charged against profits.
  • Any failure to meet the strict investment deadlines, or the choice of ineligible assets, will mean losing the tax incentive and having to pay back the tax saved together with late-payment interest.
  • It is an essential condition that the profits the reserve is applied to come from establishments located in the Canary Islands.

Management of the Reserva para Inversiones en Canarias (RIC, Canary Islands Investment Reserve) and Modelo 282: frequently asked questions

Management of the Reserva para Inversiones en Canarias (RIC, Canary Islands Investment Reserve) and Modelo 282: how much does it cost?

The estimated total cost (our fee + official tasas and taxes) is €450 to €950: Our fee for the study, planning and filing from 450 € (varies according to complexity and the volume of investments to be evidenced). This procedure is exempt from official fees.. Managora's fee is €544.50, 21% VAT included (€450.00 net + €94.50 VAT). The official tasa charged by the authority (a suplido paid on your behalf, no VAT) is: Official tasa (official fee) not confirmed in the source consulted. We will tell you in writing before you pay anything..

Management of the Reserva para Inversiones en Canarias (RIC, Canary Islands Investment Reserve) and Modelo 282: how long does it take?

The maximum period to invest the reserve is 3 years, counted from the date the tax fell due for the year in which the reserve was allocated (which means an effective period of up to 5 years from the moment the profit was earned).

Management of the Reserva para Inversiones en Canarias (RIC, Canary Islands Investment Reserve) and Modelo 282: which documents do I need?

You need to have to hand: Latest corporate income tax or IRPF (personal income tax) return, Annual accounts, trial balance or the business's record books. You do not upload them here: we collect the details through the guided chat.

Who files the procedure?

Managora files it in your name with Agencia Estatal de Administración Tributaria (AEAT). You only provide the details through the chat and sign a mandato (power of representation); we prepare, sign and register it.

Can it be done online?

Yes. The whole process is online: you answer a few questions in the guided chat, sign a simple mandato on screen and receive the receipt and the official documents by email, with full legal validity.

Related procedures

Based on the legislation in force and on the official site of the competent authority: Agencia Estatal de Administración Tributaria (AEAT) ↗.

Shall we get started with «Management of the Reserva para Inversiones en Canarias (RIC, Canary Islands Investment Reserve) and Modelo 282»?

We file it for you, from start to finish.

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