Film Tax Incentives in the Canary Islands
The Canary Islands offer some of the most generous film production tax incentives in Europe. With rebates of up to 50% on eligible production expenditure, the archipelago is one of the most cost-effective filming destinations for international productions. CineIslas helps you navigate the application process and maximise your tax benefits.
Spain’s Film Tax Rebate
International productions filming in Spain can access a tax rebate of up to 30% on eligible spend, with the first million euros of qualifying expenditure eligible for a 40% rebate. Spain’s tax incentive programme is well-established and has attracted major Hollywood studios and European broadcasters.
Canary Islands Bonus: Up to 50%
Productions filming in the Canary Islands benefit from an additional regional bonus on top of the national incentive, bringing the total potential rebate to up to 50% of eligible local spend. This makes the Canary Islands one of the highest-rebate filming destinations in the European Union. The enhanced incentive applies to feature films, TV series, documentaries, and animation projects.
Eligible Expenditure
Qualifying costs typically include local crew wages, equipment hire, location fees, transport, accommodation, catering, post-production services carried out in Spain, and other goods and services procured locally. CineIslas works with specialist entertainment accountants and tax advisors to ensure your production captures every eligible expense.
How to Apply
The application process involves registering the production with the ICAA (Spain’s film institute), meeting minimum spend thresholds, and fulfilling cultural and employment requirements. CineIslas manages the entire process on your behalf, from initial registration through to final certification and rebate collection.
Additional Benefits
Beyond the tax rebate, productions in the Canary Islands benefit from the Canary Islands Special Zone (ZEC) reduced corporate tax rate, no customs duties on temporary equipment imports within the EU, and competitive daily rates compared to mainland European locations. The combination of financial incentives and natural advantages makes the Canary Islands an exceptional choice for budget-conscious productions.
Get Your Incentive Estimate
Every production is different. Contact CineIslas with your project details and we will provide a personalised tax incentive estimate within 48 hours.