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Incentives

Best Film Incentives That Are Available In The United States

PUERTO RICO 40%

As a leading destination for filmmakers, Puerto Rico offers financial credit incentives for your projects to maximize your budget. We help create and maintain film industry jobs, promote tourism and the state’s image, and positively impact the state’s economy.

 

We facilitate access to incentives in Puerto Rico.

 

ELIGIBLE AND QUALIFYING PRODUCTION PROJECTS:

  • Feature-length films

  • Short films

  • Documentaries

  • Television programs

  • Series in episodes

  • Mini-series

  • Music videos

  • National and international commercials

  • Video games

  • Recorded live performances

  • Original soundtrack recordings

  • Dubbing.

Basic Incentive Information:

  • Spend 40%

  • Above the Line and Below the Line Residents 40%

  • Above the Line Non-Residents and 20% Below the Line Non-Residents 20%

  • Minimum Spend $50,000.

  • Funding Cap $38,000,000

  • CPA Audit Required

  • Screen Credit Required

 

Benefits:

  • An extensive range of locations

  • Professional crews.

  • Tax Incentive:

  • A credit worth 40% of all non-labor payments to Puerto Rican residents.

  • Films and TV projects can get a 40% tax credit on above-and-below-the-line local. 

  • Spending

    • Eligible:

      • At least principal photography has to be in Puerto Rico.

      • At least a million dollars to Puerto Rican residents.

      • 700,00 dollars paid to Puerto Rican crews shooting abroad.

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