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SPAIN - Canary Islands

Europe Main

EP Services Offered

Administration

Tax Credit Financing

Tax Credit Placement

Eligible Production Types

Animation

Commercials

Documentaries

Feature Films

Game Shows

Pilots

Post Only

Reality Television

Scripted Television

Talk Shows

Video Games

Location Production Needs

Beaches Ocean

City

Deserts

Forests

Lakes Rivers

Mountains

Rural

Snow

Suburban

Tropical

Incentive45%-50% Tax Rebate
Labor
Resident ATL45-50%
Resident BTL45-50%
Qualified Spend
Spend45-50%

Rebate is 50% of the first €1M eligible expenditure and 45% on the rest. Eligible expenditures include expenses in the Canary Islands directly related to the production.

Click here for a list of eligible expenditures.

For expenditures exceeding €1,900,000 in the Canary Islands, the rebate can go up to 54% for the initial million.

Minimum/Caps
Minimum Spend€2M (budget); €1M (eligible spend); €200K (animation and post)
Minimum Filming DaysNone
Project Cap€36M (Film); €18M (per-episode)
Compensation Cap€100K
Application

The amount of the tax break is deducted from the corporate income tax payable in the tax period in which the production services are completed. This will be the moment when the executive production ends in Spain.

Additional Requirements
Local Production CompanyYes
Loan-Out RegistrationYes

Gran Canaria Film Commission

Nuria Guinnot, Coordinator

+34.928.410.674

grancanariafilm@spegc.org

www.grancanariafilm.com/en/

Payroll & Finances

PayrollResidualsSmartStartSmartTimeProduction PortalEP On LocationSmartAccountingEP LiveSmartPOCASHétPayPaymaster Rate GuideEP Residency

Manage Multiple Productions

AssetHubSmartHub

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