TAX CREDIT
Tax Rebate for Foreign Productions in Spain
ICAA (Instituto de la Cinematografía y de las Artes Audiovisuales)
Last verified 5 Apr 2026 · 14 days ago
30%
Cap per project
€20M
Min qualifying spend
€1M
Max public funding
50%
Payment timing
12 months
Reliability
Good
Bankability
Bankable
Rate conditions
↑ 30%First €1 million of eligible expenses
↓ 25%Remaining expenditure above €1 million
↑ 50%Canary Islands enhanced incentive
Funding tracks
budget-tier
Standard Rate (First €1M)
First €1 million of eligible expenses
30%
Standard Rate (Above €1M)
Remaining expenditure above €1 million
25%
region
Canary Islands Enhanced
Productions in Canary Islands
50%
Territorial spend requirement
Reduced to €200,000 for animated productions
Min €1,000,000 in territory
Overview
Spain’s film tax rebate refunds 30-54% of local spend. Discover 2025 rates, key requirements, timelines & co-production rules in one expert guide.
Eligible formats
feature filmtv seriesdocumentaryanimationshort film
Eligibility
Must meet cultural test (2 of 10 criteria), obtain nationality certificate (75% EU cast/crew), register with ICAA, and deposit copy in Spanish Film Archive
● Co-production eligible● Service work eligible● Cultural test required● VFX eligible● Stackable
Source: ICAA (Instituto de la Cinematografía y de las Artes Audiovisuales) · verified 5 Apr 2026