| Benefit as a % of spend | 40.00 |
| Financial cap per production | - |
| Do I have to register/set up a company? | No |
| 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 spend 1200000000 (in local currency)
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| When will the benefit/incentive be received? | - - State approx. number of months after completion of audited accounts
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| Additional incentives or advantages | - - VAT / GST /Sales Tax recoverable
- - Rece tour assistance, location finding service
- - 40% on film service expenditures, services directly related to pre-production, production and postproduction.
20% on logistical expenditures: catering, hotels and transport, including airfares abroad if bought to a Colombian travel agency.
The cash rebate applies to services provided by Colombian entities or persons that are domiciled and residing in the country.
The fund has a limit of resources of about UD $12.5 M per year.
A minimum expenditure of around $600,000 is required.
For foreign productions one or several Production Service Companies must be hired.
VAT is recoverable when the Colombian production service company and the foreign production establish a service export contract.
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