Tax Incentives for Film Productions in Spain
1. Canary Islands
Tax Rebate for International Productions
50% on the first 1M € of qualifying expenses.
45% for expenses exceeding 1M €.
Minimum Spend
1M € in production costs.
200K € for animation projects.
Maximum Rebate
18M € per production.
Qualifying Expenses
Services and goods provided in the Canary Islands, including local crew and technical services.
2. Basque Country (Bilbao)
Tax Credit
60% of production costs are tax-deductible.
Maximum Tax Relief
10M € for feature films.
3M € per episode for series.
Qualifying Expenses
Services and goods provided in the Basque Country, including local crew and technical services.
3. Mainland Spain
Tax Rebate for International Productions
30% on the first 1M € of qualifying expenses.
25% for expenses exceeding 1M €.
Minimum Spend
1M € in production costs.
200K € for animation and visual effects projects.
Maximum Rebate
20M € per production.
10M € per episode for series.
Qualifying Expenses
Costs for creative staff residing in Spain or the European Economic Area, as well as technical and logistical services on-site.
Summary
| Region | Tax Incentive | Minimum Spend | Maximum Rebate |
| Canary Islands | 50% (first 1M €); 45% (>1M €) | 1M € (200K € for animation) | 18M € per production |
| Basque Country (Bilbao) | 60% of production costs | Not specified | 10M € per feature; 3M € per episode |
| Mainland Spain | 30% (first 1M €); 25% (>1M €) | 1M € (200K € for animation) | 20M € per production |
© 2024 Flip Flops Film S.L. CIF: B75447698