To the NEW AUDIOVISUAL
INCENTIVES in Spain
30% for the first million euros of deductible expenses, 25% for the rest of the expenses in Spain.
The incentive is capped at € 10,000,000
50% deduction on the first million eligible expenditure and 45% on the rest expenses in the Canaries
The incentive is capped at € 18,000,000 *
Production companies or service companies whose tax domicile is in Spain and are registered in the Film and Audiovisual Arts Institute (ICAA) and have executed a foreign film.
Minimum expenditure of € 1 million except for animation and postproduction which must be at least € 200,000.
Deduction amount combined with other benefts must not exceed 50% of production costs