ASETEM Asesoría

About ASETEM Asesoría

Founded in 1985 by its founding partner, ASETEM is an advisory practice in Santa Cruz de Tenerife serving small and medium-sized companies and self-employed professionals across the Canary Islands. The firm reports more than 300 active clients and over forty years of experience, and it positions itself as an outsourced administrative department for local businesses, coordinating accounting, tax and corporate paperwork in one place. A distinguishing area is the special Canary Islands tax framework, including the local indirect tax, the investment reserve and the special economic zone, which the firm also discusses for companies considering a move to the islands from elsewhere. Labour matters are handled through a collaborating specialist office rather than in-house. The website is only in Spanish and contains no dedicated section for foreign or non-resident clients, and no prices are published.

Services

Incorporation of limited and public limited companies and cooperatives, statutory amendments, capital changes, shareholder agreements, mergers, dissolutions and commercial registry filings. Full bookkeeping, monthly and annual closings, annual accounts and their deposit. Tax returns for personal income, corporate income, VAT and the Canary indirect tax, inspections and appeals. Tax planning under the Canary regime. Registration and quarterly filings for the self-employed. Payroll and labour matters coordinated with a partner firm.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✕ Payroll: not listed
• ✕ Audit: not listed
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✓ Corporate secretarial: offered
• ✕ Virtual office: not listed