Tax Rebates

Long Format Only

For the international film industry, Spain is a very competitive and profitable destination. Our internationally renowned professionals and the diversity of our locations, reinforced by the new tax framework that substantially improves the incentive system, make Spain a benchmark for international audiovisual.

In May 2020 the refund percentage was increased from 20% to 30% for the first million euros of deductible expenses and 25% for the rest of the expenses in Spain, and is capped to 10 million Euros. Expenses for creative staff (with tax residence in Spain or in another EU member State) to a limit of 100.000 euros per person.

Canary Islands refund percentage it’s placed at 40%

We readying to shoot with total guarantees, unifying our shoot protocols with those brought by production teams from their own countries.

The incentives are accessed via the Spanish service production company.

Contact us for more detailed information.

There is a cash rebate of up to 25% on foreign productions filmed in Uruguay. These rebates apply to long formats only. There is also an exemption from local VAT for all foreign productions, including commercials, filmed inside of Uruguay: this exemption applies to all major services, rentals & purchases. However, there may be some minor items that are outside this ruling.

Local expenditure inside of Uruguay of 600K – 1M USD receives a 20% rebate up to a maximum of 200K USD / Local expenditure of 1M plus USD receives a rebate of 25% up to a maximum of 400K USD.

These rebates are accessed by the local service production company.

There is a rebate of 15% for all foreign productions filmed in Panama of over 1M USD local spend.

Apart from this rebate there is an agreement between the Government & Customs that allows for all technical equipment imported into Panama, for the duration of the shoot, to be exempt from local temporary import duties & to be rushed through customs within 24 hours.

The currency is USD so also avoiding currency exchange costs & fluctuations.