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Puerto rico FILM

DEPARTAMENt of economic

DEVELOPMENT

AND COMMERCE
government of PUERTO RICO
Reproducir video
,
A World of
OPPORTUNITY

Puerto Rico is the most exciting destination for your next film project. Take advantage of everything that we have to offer.

Production Tax Credits

  • Up to 40% production tax credit on all payments to Puerto Rico Resident Companies & Individuals.
  • Up to 20% production tax credit on all payments to Qualified Nonresident individuals.

Eligible Projects

  • Feature films
  • Short films
  • Documentaries
  • Television programs
  • Series in episodes
  • Mini-series
  • Music videos
  • National & international commercials

Preferencial Tax Benefits

  1. 4% and 10% fixed income tax
  2. 100% exemption on dividend taxes
  3. 90% exemption from municipal and state taxes on property
  4. 100% exemption from municipal license taxes and other municipal taxes

Support For Your Production.

– Application Support

  • Step-by-step assistance throughout the entire incentive’s application process
  • Liaison with all state and local agencies

– Production Assessment

  • Locations: Fees for the use of state property are assessed on a by-case basis and often waived. Hotel tax waiver letter
  • Government locations release letter
  • Excise duty waiver letter for film equipment entering Puerto Rico
  • Budget
  • And all production aspects

– Key Requirements

  • No principal photography requirements (full or partial development, preproduction may qualify).
  • If 50% or more of principal photography is shot in the island, development payments to Puerto Rico Resident companies and individuals can qualify.
  • Payments made to Qualified Nonresident individuals are subject to a 20% withholding over the Puerto Rico sourced income.
Fees & Permits

Location fees for the use of state property are assessed on a case-by-case basis and often waived.

  • Hotel tax waiver letter
  • Goverment locations release letter
  • Excise duty waiver letter for film equipment entering Puerto Rico
How To Apply
Film Tax Decree Application Process

Address

355 F.D. Roosevelt Ave.
San Juan, Puerto Rico 00918

Oficina: (787) 765-2900

TTY: (787) 754-5400

E-mail: prfilmcommission@ddec.pr.gov

PR.GOV

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