DR FILM INCENTIVES
Overview
Transferable Tax Credit (TTC)
Film Producers may benefit from a TTC equal to 25% of all expenses incurred in the Dominican Republic that are directly related to the preproduction, production & postproduction of their films. The credit may be transferred in favor of one or several Dominican taxpayers. Up-front monetization solutions are also available in the country.
*The tax credit cannot be transferred for less than 60% of its value.
- Applicable to
- Feature Films, Documentaries, TV Series & Mini-series, Music Videos and Short Films
- Incentive
- 25% Transferable Tax Credit
- Per Project Cap
- No Cap
- Minimum Spend
- US$500K
- Qualified Labor
- Each Resident & Non-resident
- Loan Out Withholding
- 27% / 1.5% / 10% Spanish and Canadian Nationals
- Registration Required
- Yes
- Audit Required
- Yes
- End Roller Credit Required
- Yes