Tax Incentives
Spanish productions and international co-productions in Spain may be entitled to tax deductions.
Spain
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Investments in Spanish productions of feature films, short films and fiction, animation or documentary series.
The producer and the financial contributor.
Total cost of the production + expenses for obtaining copies and advertising and promotion expenses, both limited to 40% of the total cost of the production.
At least 50% of the deduction base must be expenses incurred in Spanish territory.
Obtaining nationality and culturality certificates.
Deliver a copy of the production to the Filmoteca Española or its Autonomous Community.
Amounts determined for each producer based on their percentage of participation.
Deduction + subsidies may not exceed 50% of the production cost (higher in certain productions).
- CANARY ISLANDS: Up to 54-50% of the first million and 45% of the remaining costs.
- NAVARRA: up to 40%.
- BIZKAIA: up to 70%.
- GIPUZKOA: up to 70%.
- ARABA: up to 70 %.
These percentages will be applied provided that the requirements demanded by the local administration are met.
DEDUCTION CAP:
€20 M PER PRODUCTION / €10 M PER SERIES EPISODE.
TAX DEDUCTION
30 % ON THE FIRST MILLION
AND 25% FOR THE REMAINING EXPENSES
Expenses incurred in Spanish national territory for the execution of a foreign production of feature films, short films and audiovisual series of fiction, animation or documentary.
Producers registered in the Administrative Registry of Film Companies of the ICAA who are in charge of foreign productions.
The following production expenses incurred in Spanish territory.
Expenses of creative personnel residing in Spain or in a Member State of the European Economic Area.
Expenses derived from technical industries and other suppliers.
Certificate of Culturality, mention in final credits and authorization for the use and/or delivery of promotional material.
The minimum expenditure in Spanish territory must be €1M and €200,000 in the case of animation.
Application of the de minimis rule in certain cases (always consult with a professional about the requirements and limits to the aid granted).
Minimum production cost: 2 M€.
The basis for the deduction may not exceed 80% of the total production cost.
- CANARY ISLANDS: Up to 54-50 % of the first million and 45 % of the remaining costs.
- NAVARRA: up to 35%.
- BIZKAIA: up to 60%.
- GIPUZKOA: up to 60%.
- ARABA: up to 60 %.
These percentages will be applied provided that the requirements demanded by the local administration are met.
Spain Film Commission recommends seeking professional advice prior to production
