SAY

Fiscal incentives in Spain

NATIONAL LEVEL

30% - 25%

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€

CANARY
ISLANDS

50% - 45%

50% deduction on the first million elegible expenditure and 45% on the rest expenses in the Canaries

The incentive is capped a 14,200.000€

 

REQUIREMENTS

  • 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 benefIts must not exceed 50% of production costs.

 

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Shooting in Spain Guide

ICEX with the collaboration  of Spain Film Commission, PROFILM and the legal advice of Cuatrecasas, Écija and Andersen, made this comprehensible guide