Brazil has treaties and agreements with countries in North America, Latin America, and Europe which enable international co-productions to qualify for various types of governmental support, assuring that co-produced material is eligible for investor tax credits. Certain states provide for additional tax credits.
Foreign producers who wish to access Brazil's incentives must set up a local corporation or work with a local company like the PSN Brazil Partner.
Nevertheless, the main incentive to shooting in Brazil is savings on local crew, transport, locations, and general production expense which can be 30-50% below the US equivalent. Contact PSN Brazil to learn more.
Trinidad and Tobago also offer incentives to producers of scripted projects. Commercials in production and shooting for at least 2 weeks may also qualify. The cash rebate is 35% on local expenditures plus 20% extra for local labour. The minimum spend is pegged at $100,000 per project with an overall annual cap of $8 million.
PSN Brazil can help foreign producers access these incentives. But it should be noted that essential equipment and crew are most often flown in from Caracas, Venezuela where PSN Brazil operates a satellite office.
Client: Konami - Campaign: Play Your Match – Anytime, Anywhere - Director: Kakimoto Kensaku - Market: Worldwide - Production Company: TYO Monster - Production Service: Utopia Films - Chief Production Manager: Yamanaka Sho - Production Manager: Nishioka Shotaro - Coordinator: Makiko Haga - Camera Operator: Suzuki Evgeny - Gaffer: Moridera Tetsuya - Location: Rio de Janeiro, Brazil; Barcelona, Spain