TAX CREDIT
Canary Islands Enhanced Film Tax Incentive
Canary Islands Government (ZEC Special Tax Status)
Last verified 5 Apr 2026 · 14 days ago
54%
Cap per project
€2M
Min qualifying spend
€1M
Max public funding
50%
Sessions/year
1
Payment timing
12 months
Reliability
Good
Bankability
Not bankable
Rate conditions
↑ 54%First 1 million euros of eligible expenditure under certain requirements
Funding tracks
Foreign Productions
Tax rebate for foreign productions
54%
Spanish Productions
Tax credit per investment in Spanish productions
54%
Territorial spend requirement
Different requirements for animation (200K EUR minimum)
50% of grant in regional spendMin €1,000,000 in territory
Overview
Explorar los casos de éxito de producciones en Canarias. Consulta nuestro directorio de profesionales y empresas audiovisuales para completar tu proyecto. Infórmate de la ventajas fiscales de rodar en las Islas Canarias con Canary Islands Film.
Eligible formats
feature filmtv seriesdocumentaryanimation
Eligibility
Minimum 1 million euros spent in Canary Islands, minimum 2 million euro production budget, must contract local ICCA-registered producer, 50% of deduction base must be Spanish expenditure for Spanish productions
● Co-production eligible● Service work eligible● Cultural test required● VFX eligible
Upcoming deadlines
26 Jun 2026Application deadline
Source: Canary Islands Government (ZEC Special Tax Status) · verified 5 Apr 2026