|Benefit as a % of spend||150.00|
|Financial cap per production||-|
|Do I have to register/set up a company?||Yes|
|Does foreign cast/crew paid in their home country/region qualify as expenditure?|| No|
|Do foreign cast/crew have to pay tax in the host country/state/region?|| No|
|Does travel to/from country/region qualify as expenditure?|| Yes|
|Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive?|| No|
|Criteria to access the benefit|
- - Minimum percentage of the film that must be shot in the region: 90.00%
- - Cultural Test
|When will the benefit/incentive be received?|
|Additional incentives or advantages|
- - A tax exemption of up to 150% is available for each production.
Companies ploughing resources into the production of European audiovisual works may qualify for profit tax relief equal to 150% of the funds invested (limited to 50% of the taxable profit with a maximum of €750,000 per tax period).
The production company must spend at least 90% of the total sums invested (equity + loan) in Belgium for the production of the audiovisual work within a timeframe of 18 months (24 months for animation films)
Total amount of Tax Shelter money cannot exceed 50% of the production budget.
The project must be approved as a European work