An arcuate structure, comparable in size with the Ibero-Armorican arc, is delineated by Variscan folds and magnetic anomalies in the Central Iberian Zone of the Iberian Massif. Called the Central Iberian arc, its sense of curvature is opposite to that of the Ibero-Armorican arc, and its core is occupied by the Galicia-Trás-os-Montes Zone of NW Iberia, which includes the Rheic suture. Other zones of the Iberian Massif are bent by the arc, but the Ossa-Morena and South Portuguese zones are not involved. The arc formed during the Late Carboniferous, at final stages of thermal relaxation and collapse, and an origin related with right-lateral ductile transpression at the scale of the Variscan belt is proposed. The Central Iberian arc explains the width of the Central Iberian Zone, clarifies the position of the allochthonous terranes of NW Iberia, and opens new perspectives for correlations with the rest of the Variscan belt, in particular, with the Armorican Massif, whose central zone represents the continuation of the southwest branch of the arc detached by strike-slip tectonics.