- FFC (Colombian Movie Finance): The fresh funds reimburses forty% of all the expenses in the movie and you can videos services hired by way of Colombian businesses and 20% of all of the expenditures in resort, eating, and you will transportation properties contracted in the united states in the executing of overseas projects. Movies, show, and you may tunes films can use because of it work for.
- Cina (Audiovisual investment certification for the Colombia): Foreign film, video, and you can gaming programs authorized by the Colombian Motion picture Promotion Board usually discover which certification, that provides a discount away from thirty-five% on the Colombian income taxes. hookupdate.net/escort-index/hialeah The newest discount worthy of corresponds to the brand new money produced in the nation for the creation and you can post-creation of eg programs. It may be discussed which have any individual or company necessary to shell out taxes during the Colombia. Video clips, show, internet series, music films, games, and you can ads can apply for this work with.
- FFC And you can China and taiwan: Series: to 4 episodes having the typical value for each and every bout of $ 118,750 USD.
- FFC: Audio Video: doing 20 movies having the average prices for each and every clips regarding $ 23,750 USD.
- CINA: Internet Show: doing 20 periods which have the average really worth for each and every bout of $ 23,750 USD. Musical video clips, video games, and you may ads functions: around 5 videos or deals with the typical value per clips otherwise works of $ 95,100 USD. Postproduction: $ 95,100000 USD having work that only perform some postproduction parts during the Colombia. If the a sequence can certainly make a whole bills during the the nation equal to otherwise greater than $ dos,375,100000 USD, minimal debts for every event tends to be less than $ 118,750 USD.
The absolute minimum regional expenditure out-of $five hundred,100000 USD must be considered. Complete rebate might be escrowed upfront with an area bond organization to income the supply. A time period of several-16 weeks are necessary to procedure the fresh new promotion which have regional authorities.
We has experience at the protecting the Panama film bonus and you can at the rear of foreign providers throughout the processes. I help to secure conditional promotion recognition and we work at an expert, specialized personal accountant – vetted from the Panama flick fee – so you can streamline the fresh new review processes and you will follow the fresh new discount requisites.
The country of spain has the benefit of tax bonuses to own globally shoots when it comes to an income tax rebate all the way to 30%, apart from throughout the Canary Isles in which it’s fifty%. Navarre also offers thirty-five% through taxation credit.
Eligible content platforms is commercials, function video clips, tv pilots, television collection, songs movies, industrials, documentaries, and you may online game construction and you may development
General Incentive: 30% Tax Promotion *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.
Movie Bonuses Colombia features extended the huge benefits getting international content writing and you will turned into the country into the one of the most appealing and glamorous tourist attractions to own worldwide creatives during the South america
Navarre Extra: 35% Income tax Credit 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.
