The Panama Motion picture Added bonus program offers a 25% dollars promotion to own design will set you back taking place in the country

• FFC (Colombian Movie Funds): The fresh new money reimburses forty% of the many expenses during the movie and you can video clips services leased compliment of Colombian companies and you can 20% of all the costs for the lodge, eating, and you can transport features developed in the united states on performing regarding international creations. Movies, collection, and tunes movies can put on for it work for.
• The far east (Audiovisual resource certificate into the Colombia): International film, video, and playing programs authorized by the Colombian Motion picture Strategy Board will located this certificate, that provides a benefit out-of thirty five% towards Colombian taxes. The fresh new write off worth represents the latest money made in the nation from inside the development and you will blog post-creation of like projects. It could be discussed having any individual otherwise company required to shell out taxes during the Colombia. Videos, collection, net collection, songs video clips, video games, and you will advertising can apply for this work for.

• FFC And you may The far east: Series: as much as cuatro symptoms with the common worthy of for each bout of $ 118,750 USD.
• FFC: Tunes Films: around 20 clips that have the average cost per video clips from $ 23,750 USD.
• CINA: Net Collection: around 20 episodes having the common really worth for each and every episode of $ 23,750 USD. Tunes movies, games, and advertising work: around 5 video otherwise works together the typical value for each video clips or really works of $ 95,one hundred thousand USD. Postproduction: $ 95,100 USD for performs that just carry out the postproduction component from inside the Colombia. If the a series can make a complete expense inside the the nation equal to otherwise more than $ dos,375,100000 USD, minimal debts per occurrence is lower than $ 118,750 USD.

At least local expense out of $five hundred,one hundred thousand USD is needed to meet the requirements. Full discount is escrowed initial that have a local thread providers so you can cashflow the supply. A time period of 12-16 weeks are needed to processes the latest promotion which have regional regulators.

All of us is experienced in the securing the Panama film added bonus and you can powering foreign providers through the entire process. I assist to safer conditional rebate recognition therefore we manage an expert, specialized societal accountant – vetted by the Panama motion picture payment – so you’re able to improve the newest review procedure and comply with the latest discount requisites.

The country of spain now offers tax bonuses getting global propels in the way of a tax promotion of up to 30%, apart from about Canary Isles where it is 50%. Navarre also provides thirty five% thru income tax borrowing.

Eligible posts types are adverts, element clips, television pilots, tv collection, musical videos, industrials, documentaries, and you will game framework and you may development

Standard Extra: 30% Tax Discount *General incentive of 30% in the first million euros and 25% for the rest of the expenditure made in Spain *Foreign production types: feature length films, television series, animated films, and documentaries. *Maximum rebate limit: 10 million Euros. *Beneficiaries: Spanish companies which are registered in the Film and Audio-visual Arts Institute’s register of audio-visual producers. *Rebate base: Eligible expenses incurred in Spain. *Eligible expenses: Creative staff with a registered address in the country or in another European Union member state, up to a maximum of 100,000 Euros per person/technical or complementary service. *Minimum expense incurred in Spain: 1 million Euros and euros for Animation and VFX projects *Procedure: The refund must be applied for by the Spanish company, during the month of July of the year after the end of filming.

Motion picture Incentives Colombia has extended the advantages having international article writing and turned the country on one of the most appealing and you will glamorous attractions to have around the world creatives inside the South usa

Navarre Added bonus: 35% Taxation Borrowing from the bank As Navarre is a chartered territory with its own taxation system, it also has its own Corporation Tax Law which applicable tax benefits are subject to in this community: Article 65.2. Regional Order , dated the 30th of December, on Corporation Tax (Text applicable on the 31st of ) Rebate for investments in film and series audiovisual productions. *Beneficiaries: Companies which are based in Navarre, and which are registered in the Film and Audiovisual Arts Institute’s register of audiovisual producers. *Shoot duration: At least a week. *Procedure: The incentive goes up to 35% for a mixed modality rebate of the corporation tax plus fiscal credit. If the tax to be paid is not high enough to cover the total amount of fiscal credit, the rest could be deducted from the Income Tax over the following years for a maximum of 15 years.