Canary Islands enjoy a special TAX Regime for filmproductions.
Produce your next project in Tenerife and take advantage of a tax relief of up to:
45 - 50% tax incentives for international service and Spanish productions or co-productions
0% IGIC (Canary Island's VAT)
10 - 15% Advertising expenses rebate
Canaries Investment Reserve (RIC) Tax base reduced by up to 90%
45 - 50%
TAX REBATE FOR FOREIGN PRODUCTIONS
1 MILLION €
MINIMUM INVESTMENT
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