ACTIVITY INCENTIVE MANAGEMENT

One of the main advantages of the audiovisual business sector located in the Canary Islands lies within the tax incentive policy approved by the Spanish Government. But materialising these incentives has its complexities and requires technical knowledge as well as organisational abilities, and that is where Macaronesia Films develops one of its main line of business.

 

The two models established depending on the nationality of the film production are:

International PRODUCTIONS

Incentive

Tax benefits for these productions come from a model of deduction from direct investment of up to 35% from the total amount spent within the Canary Islands region, always starting at 1 million Euros with a maximum of 4,5million euros of total tax deduction.

 

Service

Experience acquired thanks to already having materialised these incentives previously, allows us to offer international productions the tools necessary in order to close financial operations in this type of tax regulation.