PUERTO RICO
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
Legislation/
Guidance
| Incentive | 20%-40% Transferable Tax Credit |
| Labor | |
| Resident ATL | 40% |
| Resident BTL | 40% |
| Non-Resident ATL | 20% |
| Non-Resident BTL | 20% |
| Qualified Spend | |
| Spend | 40% |
Qualified expenditures include preproduction, production, and postproduction costs incurred in Puerto Rico. | |
| Minimum/Caps | |
| Minimum Spend | $50K |
| Project Cap | None |
| Compensation Cap | None |
| Annual Cap | $38M |
| Application | |
The Applicant must begin Principal Photography within one hundred and twenty (120) calendar days of the issuance of the Decree. As soon as the Film Project has completed Principal Photography, Production shall have a term of sixty (60) days to provide all accounting files to the auditor. | |
| Additional Requirements | |
| Screen Credit | Yes |
| CPA Audit | Yes |
| Loan-Out Registration | Yes |
| Income Tax Withholding | Payments made to Qualified Nonresident individuals are subject to a 20% withholding over the Puerto Rico sourced income. Producer's Fees are payments subject to income taxes and the appropriate withholdings in Puerto Rico as established in the Puerto Rico Internal Revenue Code. |
| Additional Information | Non-residents become residents after 183 days living in Puerto Rico and qualify for the 40% tax credit. Contact film office for more information on available funding. |
Puerto Rico Film Commission787.765.2900 | |