Spain Tax Deduction for Foreign Productions
Spain gives foreign productions a monetizable 30% deduction on the first €1M of eligible Spanish spend and 25% above it (shown here at 30%). Shoot in the Canary Islands and those rates jump to 50%/45%. The national per-project cap is €20M (€36M in the Canaries), minimum Spanish spend is €1M (€200K for VFX/animation/post), and total aid can't exceed 50% of the production cost.
How the program works
- • 30% of eligible Spanish spend (first €1M; 25% above)
- • +20% — Canary Islands enhancement: Filming in the Canary Islands lifts the rate to ~50% (45% above €1M).
- Max effective rate: 50%
- • Minimum qualified spend: €1,000,000
- • National rate is tiered: 30% on the first €1M of eligible Spanish spend, 25% above (modeled at 30%).
- • Minimum €1M Spanish spend (€200K for VFX/animation/post). Producer must be registered with the ICAA.
- • Regional regimes also exist (Navarra ~35%, Basque Country up to ~60–70%).
- • CPA / state audit required
- • Screen-credit / logo requirement
How it becomes cash
This is a refundable credit. The state pays out the amount above your tax liability as a cash refund, so you don't need in-state tax to benefit.
National per-project cap €20M (Canary Islands €36M; €18M per series episode). Total aid ≤ 50% of total production cost.
Are you a film commissioner or agency with official updates to this program? If you have corrections to this documentation, please submit them here.
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.