Film Incentives Colombia has broadened the benefits for foreign content creation and turned the country into one of the most appealing and attractive destinations for international creatives in South America.
Foreign film, video, and gaming companies can now apply for one of two kinds of incentives:
. FFC (Colombian Film Fund): The fund reimburses 40% of all expenses in film and video services hired through Colombian companies and 20% of all expenses in hotel, food, and transportation services contracted in the country in the executing of foreign productions. Films, series, and music videos can apply for this benefit.
. CINA (Audiovisual investment certificate in Colombia): Foreign film, video, and gaming projects approved by the Colombian Film Promotion Board will receive this certificate, which provides a discount of 35% on Colombian income taxes. The discount value corresponds to the investment made in the country during the production and post-production of such projects. It can be negotiated with any individual or company required to pay income taxes in Colombia. Films, series, web series, music videos, video games, and advertisements can apply for this benefit.
The minimum investment to apply is $475.000 USD:
. FFC AND CINA: Series: up to 4 episodes with an average value per episode of $ 118,750 USD.
. FFC: Music Videos: up to 20 videos with an average cost per video of $ 23,750 USD.
. CINA: Web Series: up to 20 episodes with an average value per episode of $ 23,750 USD. Music videos, video games, and advertising works: up to 5 videos or works with an average value per video or work of $ 95,000 USD. Postproduction: $ 95,000 USD for works that only carry out the postproduction component in Colombia. If a series is going to make a total expense in the country equal to or greater than $ 2,375,000 USD, the minimum expense per episode may be less than $ 118,750 USD.
For more information, contact us, we are pleased to help.
Click to see Corona, Free Range Humans, trailer
Click to see Free Range Humans, Episode 1, The Sisterhood of the Waves
Client: Corona - Campaign: Free Range Humans, Episode 2, The Jungle Engineer - Director: Klaus Obermeyer - DoP: Andres Bermudez, Juan Gabriel Soler - Market: Worldwide - Agency: Pereira O'Dell - Production Company: Rocket Film - Producer: Chad Alburti - Production Service: Los Notarios - Service Producer: Juan Pablo Bernal, María Ximena López - Location: La Sierra de la Macarena, Colombia
The Richards Group (Dallas, TX) Broadcast Producer, Gabriel Silva.
Shoot for H·E·B in Bogotá, Colombia.