29/07/2022
- FFC (Colombian Motion picture Money): New finance reimburses 40% of all of the expenditures into the motion picture and you will video clips properties rented by way of Colombian companies and you may 20% of all expenses in lodge, eating, and you will transportation characteristics contracted in the united states regarding the performing out of foreign productions. Video clips, collection, and songs video clips can use because of it benefit.
- China and taiwan (Audiovisual capital certificate for the Colombia): International flick, movies, and you can betting projects authorized by the Colombian Motion picture Campaign Board tend to located it certificate, that provides a discount out-of thirty-five% towards the Colombian taxes. The fresh new disregard worthy of represents the fresh new resource built in the nation when you look at the development and blog post-production of such as for instance strategies. It may be negotiated which have any individual otherwise organization necessary to shell out income taxes during the Colombia. Clips, show, websites series, music videos, games, and you may advertisements can apply for it work for.
- FFC And you may China and taiwan: Series: to cuatro attacks with the typical value for each bout of $ 118,750 USD.
- FFC: Sounds Clips: to 20 video clips which have an average prices for each clips of $ 23,750 USD.
- CINA: Online Series: around 20 periods having an average worthy of per bout of $ 23,750 USD. Songs clips, video games, and you may advertising functions: to 5 movies or works with an average value each movies or work out of $ 95,100 USD. Postproduction: $ 95,000 USD to own works one to merely do the postproduction role during the Colombia. When the a sequence will always make a whole costs into the the world equal
to otherwise more than $ 2,375,100 USD, the minimum debts each occurrence is lower than $ 118,750 USD.
A minimum regional costs regarding $five hundred,000 USD must meet the requirements. Full promotion can be escrowed initial with a community thread company so you can income the supply. A time period of twelve-16 months are necessary to procedure new rebate with regional bodies.
All of us has experience at the protecting brand new Panama film added bonus and you may at the rear of international firms for the techniques. I make it possible to safe conditional discount approval so we work on a specialist, formal societal accountant – vetted by Panama film commission – so you’re able to streamline the fresh audit process and follow the brand new discount requisites.
Spain even offers tax incentives having around the world shoots in the way of an income tax promotion all the way to 29%, except for from the Canary Countries in which it’s fifty%. Navarre also offers thirty five% via tax borrowing.
Qualified stuff platforms tend to be ads, ability movies, television pilots, television collection, musical clips, industrials, documentaries, and you will games build 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.
Motion picture Incentives Colombia have expanded advantages to own overseas article marketing and you will turned into the world on one of the most enticing and you may glamorous attractions getting international creatives in South usa
Navarre Bonus: 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.