COLOMBIA FILMING INCENTIVES

CINA - 35% Tax Credit

Overview

Type of incentiveTax Credit
Qualifying formats
  • - Feature film - fiction (theatrical)
  • - Feature film - documentary (theatrical)
  • - TV Film or TV series - fiction
  • - TV Film or TV series - documentary
  • - Commercials (TV, theatrical, online)
  • - Post production/special effects for film & tv (fiction)
  • - Post production/special effects for film & tv (non-fiction)
  • - Video/online gaming production
  • - Music videos
Qualifying productions
  • - Foreign productions

Specifics

Benefit as a % of spend35.00
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? Yes
Criteria to access the benefit
  • - Minimum percentage of the film that must be shot in the region: 0.00%
  • - Minimum spend 450000 (in local currency)
When will the benefit/incentive be received?
  • - State approx. number of months after completion of audited accounts
  • - End of national fiscal year
Additional incentives or advantages
  • - VAT / GST /Sales Tax recoverable
  • - CINA can not be combined with the FFC tax credit, but local funding schemes can be accessed. Have a minimum expenditure on audiovisual and logistics services in Colombia worth $1,580,045,400 COP (USD 475,000*). Post production must have a minimum USD95,000 in expenses. Series, short web content, music videos, video games and advertising can spread minimum expenses over a number of works.

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