- FFC (Colombian Motion picture Money): This new financing reimburses forty% of all the expenses in movie and movies qualities hired as a consequence of Colombian companies and you can 20% of all the costs for the resort, dinner, and transportation properties contracted in the united kingdom about carrying out out of foreign productions. Video, series, and you may music videos can apply for this benefit.
- The far east (Audiovisual financing certification during the Colombia): International motion picture, films, and you can playing plans authorized by the Colombian Motion picture Strategy Board have a tendency to receive this certificate, which provides a savings from thirty five% into Colombian income taxes. Brand new write off well worth represents the fresh investment produced in the world for the creation and you will post-creation of including tactics. It can be negotiated that have anyone otherwise company needed to spend income taxes for the Colombia. Videos, series, online collection, tunes video clips, games, and you will advertisements can use for this work for.
- FFC And you can China and taiwan: Series: around 4 episodes having the typical worth per bout of $ 118,750 USD.
- FFC: Tunes Video clips: to 20 films that have an average pricing for each and every video clips away from $ 23,750 USD.
- CINA: Web Series: as much as 20 episodes with the typical worth per episode of $ 23,750 USD. Sounds video clips, video games, and you will ads work: as much as 5 video otherwise works with the common value for each videos or really works away from $ 95,100000 USD. Postproduction: $ 95,000 USD to possess works one to only do the postproduction part for the Colombia. If the a series could make a complete costs from inside the the country equal to otherwise greater than $ 2,375,100000 USD, minimal costs each occurrence tends to be lower than $ 118,750 USD.
At least regional cost out-of $five-hundred,one hundred thousand USD is https://hookupdate.net/escort-index/houston/ required to be considered. Full discount might be escrowed upfront with a city thread organization so you can cashflow the supply. A time period of twelve-sixteen days are necessary to process the brand new discount which have regional authorities.
We has experience during the securing the newest Panama flick bonus and you can guiding foreign manufacturers for the procedure. I help safer conditional promotion recognition therefore we manage a professional, authoritative societal accountant – vetted because of the Panama motion picture commission – to help you improve the review process and you may follow the brand new promotion requisites.
The country of spain also provides income tax bonuses to possess around the world propels in the form of an income tax rebate all the way to 30%, except for in the Canary Islands where it’s 50%. Navarre offers thirty-five% via tax borrowing.
Qualified posts types tend to be ads, ability movies, tv pilots, tv series, sounds video, industrials, documentaries, and you will games construction and you can production
General Incentive: 30% Taxation Rebate *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 has extended the pros to possess overseas content writing and you can became the country into the probably one of the most appealing and you will attractive attractions to own worldwide creatives for the South america
Navarre Bonus: 35% Income tax 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.