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.
VAT Exemption
In addition to the TTC, goods & services that are directly related to preproduction, production & postproduction are exempt from tax on the transfer of services and industrialized goods.
*Value added tax of 18%.
- Applicable to
- Feature Films, Documentaries, TV Series & Mini-series, Music Videos and Short Films
- Incentive
- 25% Transferable Tax Credit + VAT Exemption*
- 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
INFRASTRUCTURE AND LOCATIONS
- 5 filming facilities.
- 7 post production companies.
- State of the art studio facilities including a 65,500 sq.ft exterior water tank.
- We boast a wide variety of landscapes within a short proximity to suit any type of production.
- From towering mountain ranges and rivers, to valleys and deserts, impressive waterfalls, lush rainforest, and stunning beaches.
- Favorable climate year round.
- Centric location in the Caribbean, with daily flights to and from Europe/USA.
UPCOMING EVENTS
