Dominican Republic Transferable Tax Credit (Ley de Cine)
The Dominican Republic offers a 25% transferable tax credit on qualified Dominican spend, for both local and foreign productions, plus an 18% ITBIS (VAT) exemption on production goods and services. There's no per-project cap. You monetize the credit by selling it to Dominican taxpayers — it can't go below 60% of face value, and the market typically clears around 90–95%. Minimum US$500,000 of Dominican spend, with a Single Shooting Permit required.
How the program works
- • 25% transferable credit on qualified Dominican spend
- Max effective rate: 25%
- • Minimum qualified spend: DOP 0
- • Minimum qualified Dominican spend is US$500,000 (the floor is quoted in USD, not DOP).
- • At least 20% of the total budget must be spent in the DR, and foreign productions must fill ≥25% of key/technical roles with Dominicans/residents.
- • Separately, an 18% ITBIS (VAT) exemption applies to production goods and services.
- • CPA / state audit required
- • Screen-credit / logo requirement
How it becomes cash
This is a transferable credit. Most indie productions don't owe enough state tax to use it, so you sell it to a company that does — usually through a broker, at a discount. That discount is the real cost of turning the credit into cash.
No per-project or annual cap identified — the credit is statutory rather than a capped fund.
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Submit an update →This is an estimate, not advice.
Every number here is an estimate generated from published program rules and your inputs. Programs change with each legislative session, and qualification depends on details a calculator can't see. This is not tax, legal, or financial advice. Before you make a financing decision, confirm everything with the state film office and a qualified CPA and entertainment attorney.