AUDIO-VISUAL INDUSTRY


 

The audio-visual industry is a strategic sector for the Canary Islands. It offers a range of attractive tax advantages which are successfully applied thanks to the Economic and Fiscal Regime of the Canary Islands within the legal framework of EU and Spain, along with a joint regional strategy under the umbrella of SMARTFILMING.

This makes the Canaries one of the best places to film in Europe because of the reduced corporate tax rate of 4% thanks to the ZEC, as well as other tax advantages summarized in tax rebates for foreign productions which invest in Spanish productions and R+D+I.

All these incentives, along with the climate, the natural conditions, an array of landscapes, a solid team of qualified experienced professionals and infrastructures ready to take care of your every need, constitute an optimal framework for this industry.

BUSINESS OPPORTUNITIES

FEATURE AND
SHORT FILMS

TELEVISION SERIES (TV MOVIES)

VIDEOGAMES

ANIMATION FILMS AND CARTOONS

DOCUMENTARIES

PHOTOGRAPHY

EDITION, RENDERING AND STREAMING

SERVICES TO PRODUCTION COMPANIES

CONSULTANCY, INFORMATION TECHNOLOGY, DATA PROCESSING, WEB HOSTING AND WEB PORTALS

 
 
 

COMPATIBILITY BETWEEN THE AUDIO-VISUAL INDUSTRY AND THE ZEC

PRODUCTION

(Compatibility Art. 36.1. Corporate Tax)

  • Film, video, radio and television programs

PRODUCTION SERVICES, ON SET ASSISTANCE AND POST PRODUCTION

(Compatibility Art. 36.2 Corporate Tax)

  • Casting, location services and dubbing
  • Editing and reproducing film copies and recordings
  • Reproduction and film duplicates
  • Compositing and photoengraving
  • Brokering services to obtain contracts

PHOTOGRAPHY AND ADVERTISING

  • Photography and film developing
  • Directing catalogues, publications and promotional materials
  • Creating and carrying out advertising campaigns

FILM DISTRIBUTION