Spain offers tax incentives for international shoots in the form of a tax rebate of up to 30%, except for in the Canary Islands where it is 50%. Navarre offers 35% via tax credit.
General Incentive: 30% Tax Rebate
*General incentive of 30% in the first million euros and 25% for the rest of the expenditure made in Spain
*Foreign production types: feature length films, television series, animated films, and documentaries.
*Maximum rebate limit: 10 million Euros.
*Beneficiaries: Spanish companies which are registered in the Film and Audio-visual Arts Institute's register of audio-visual producers.
*Rebate base: Eligible expenses incurred in Spain.
*Eligible expenses: Creative staff with a registered address in the country or in another European Union member state, up to a maximum of 100,000 Euros per person/technical or complementary service.
*Minimum expense incurred in Spain: 1 million Euros and 200.000 euros for Animation and VFX projects
*Procedure: The refund must be applied for by the Spanish company, during the month of July of the year after the end of filming.
Navarre Incentive: 35% Tax Credit
As Navarre is a chartered territory with its own taxation system, it also has its own Corporation Tax Law which applicable tax benefits are subject to in this community: Article 65.2. Regional Order 24/1996, dated the 30th of December, on Corporation Tax (Text applicable on the 31st of December 2016) Rebate for investments in film and series audiovisual productions.
*Beneficiaries: Companies which are based in Navarre, and which are registered in the Film and Audiovisual Arts Institute's register of audiovisual producers.
*Shoot duration: At least a week.
*Procedure: The incentive goes up to 35% for a mixed modality rebate of the corporation tax plus fiscal credit. If the tax to be paid is not high enough to cover the total amount of fiscal credit, the rest could be deducted from the Income Tax over the following years for a maximum of 15 years.
Canary Islands Incentive: 50% Tax Rebate
When shooting in the Canary Islands, there are special conditions involved if you want to access tax incentives, as the region complies with two of the conditions set by the European Commission to qualify for this tax system - it is an insular and outlying territory. The same common law is applied with a series of mark-ups.
* General incentive: 50% in the first million euros and 45% for the rest of the expenditure made in the Canary Islands.
* Maximum rebate limit: 5.4 million Euros (the maximum amount of deduction will likely be increased to EUR 18 million in the short term).
* Beneficiary: Companies with a registered address in the Canaries, which are registered in the Film and Audiovisual Arts Institute's register of audiovisual producers, and which are managing the production overseas.
Let's discuss your project, and how we can work together to secure the rebate for it.
'The actors were incredibly talented - it was really easy and a pleasure to direct such talented actors with access to their emotional lives. It’s all a director can ask for,' says Nisha Ganatra. 'I also kept the set to a minimum so that the actors felt the intimacy of the crew and Natasha (our DP) and I with them. The space was always kept respectful of the work we were asking them to do - and I also closed the set so they would feel comfortable being as open as they were able to be.'
Client: Essity, Libresse - Campaign: Womb Stories - Director: Nisha Ganatra - DoP: Natasha Braier - Market: Worldwide - Agency: AMVBBDO - Chief Creative Officer: Alex Grieve - Executive Creative Director: Nadja Lossott & Nicholas Hulley - Creative Director: Toby Allen & Jim Hilson - Agency Producer: Edwina Dennison - Production Company: Chelsea Pictures - Executive Producer: Lisa Mehling - Producer: Shanah Blevins - Production Service: PSN Spain - Location: Barcelona, Spain