Benefit as a % of spend | 35.00 |
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)
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When will the benefit/incentive be received? | - - State approx. number of months after completion of audited accounts
- - End of national fiscal year
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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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