The Melilla Film Commission presents in Madrid a package of incentives with a 60% reduction in Corporation Tax. Production companies that meet the requirements will be able to benefit from deductions in personal income tax and Social Security.
The Melilla Film Commission presented on Tuesday, 20th October in Madrid its new promotional spot and the package of tax incentives that the autonomous city offers to film, series, and television producers. According to information from El Faro de Melilla, the entity, dependent on the Department of Culture, Cultural Heritage, and the Elderly, aims to attract film shoots with advantages that, according to the department, have no similar limits in Spanish territory.
Among the incentives presented, a 60% reduction in Corporation Tax stands out, along with a 60% deduction in personal income tax and a 75% reduction in Social Security contributions. These advantages are in addition to the existing deductions for film.
There are two types of beneficiaries. On one hand, national production companies with tax residency in Spain and registered in the Film Companies Registry of the Institute of Cinematography and Audiovisual Arts (ICAA). On the other hand, international productions that commission the shoot to a Spanish or European production company with a permanent establishment in Spain, the so-called “service” model.
The works must pass the European Cultural Test, which certifies their cultural value, and present a cost audit upon completion of the shoot. The minimum required expenditure is one million euros for general productions and 200,000 euros for animation and visual effects (VFX).
The presented spot is a production of Makin DOC & FILM, directed by filmmaker Juan Antonio Moreno, winner of two Goya awards. The photography is by Alberto González Casal, editing by Nacho Ruiz Capillas, and music by Álvaro Rodríguez Barroso.
Beyond the fiscal aspect, the entity highlights that within 12 square kilometres, very different landscapes coexist, with light throughout the year and the legal guarantee of a European territory. The city also has hotel offerings to accommodate teams and facilities to process work and filming permits.
The Minister of Culture, Fadela Mohatar, announced last Monday that the entity is working on a database for Melillans to register as extras, with data protection guarantees. As she explained, the diversity of cultures in the city can be an attraction for producers looking for extras and can also reduce costs.
“There are traits from different cultures that can be an interesting attraction when producers are looking for extras. It is an attraction that can also reduce costs.”
Interested producers can consult all the information at melillafilmcommission.com.
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