There are currently two incentives available to choose between for international productions filming partly or entirely in Colombia, these are:
CINA: a tax credit certificate that can be sold, transferred or traded equating to a value of 35% on the total qualifying spend in Colombia. A fee of 5% is payable to the Colombian Film Commission on the issued certificates resulting in a net value return of 33.25% on the total qualifying spend.
FFC: a cash rebate of 40% on film services (local crew, cast, kit & locations) and 20% on logistical services (local transport, catering & accommodation) spent in Colombia resulting on average, in a net value return of 30-32% on the total qualifying spend.
At Screen Colombia, as one of the government approved production service companies, we have tailored our services to specifically advise on which incentive best suits your production.
Our dedicated legal and accounting teams have a 100% success rate in securing both incentives for our clients, covering everything from timelines, the initial application and budget structuring to the final audit and payment, transforming a potential benefit into a financial certainty for your production.
Working closely with the Colombian Film Commission and Pro-imagenes, we ensure your production seamlessly meets every requirement; we don't just assist with the process, we expertly manage it from start to finish.
Join the wealth of global productions that have taken advantage of Colombia´s established international film and television industry through these attractive incentives.
For more information and guidance on the incentives, please feel free to contact a member of our expert team. To download a detailed overview of the requirements and application process, click on the button below.
There are currently two incentives available to choose between for international productions filming partly or entirely in Colombia, these are CINA (tax certificates) and FFC (cash rebate).
Both incentives are open to feature films, documentary, television and web series, animation and music promos that meet the required criteria to cover pre-production, production and post production in Colombia. The CINA incentive is also open to video games and advertising although additional criteria apply.
At Screen Colombia, as one of the approved production service companies pre-registered with the Ministry of Culture, we have tailored our services to specifically advise on which incentive best suits your production and prepare the documentation needed to make a successful application.
With our experienced accounting and legal team to answer any questions or queries you may have, we can assist at every step of the way, from planning timelines, initial budgets and submitting the application, through to the final payment or transfer and sale of certificates.
Working closely with Pro-imagenes and the Colombian Film Commission, the entities overseeing both incentives, we ensure a smooth transition and are proud to say we are one of the first companies that has successfully applied for and been granted the new CINA incentive.
CINA (Audiovisual Investment in Colombia Certificates) is a tax credit certificate that can be sold, transferred or traded in the financial markets equating to a value of 35% on the total qualifying foreign filming investment in Colombia. A fee of 5% is payable to the Colombian Film Commission on the issued certificates resulting in a net value of 33.25% on the total qualifying spend.
The financial pot available is approximately $53M USD per annum with no cap per project.
Certificates are issued in the name of the foreign Producer by the Ministry of Culture within 15 days of receipt and approval of all required accreditation.
FFC (Colombian Film Fund) is a cash rebate equating to a 40% rebate on audio-visual services (including local casting, crew hire, equipment rental and location fees) and a 20% rebate on logistical services (including transport, catering and accommodation) on the approved local spend giving a net average of approximately 30-32% across the total qualifying spend.
The financial pot available is approximately $2M USD per annum with a cap of $550K USD per project.
Payment of the rebate by Pro-imagenes is within 2 months paid to any account elected by the foreign Producer following satisfactory receipt of all required accreditation.
The financial pot available is approximately $2M USD per annum with a cap of $550K USD per project.
Payment of the rebate by Pro-imagenes is within 2 months paid to any account elected by the foreign Producer following satisfactory receipt of all required accreditation.