GRAN CANARIA A great natural film set gran canaria, Why? A great - - PowerPoint PPT Presentation

GRAN CANARIA

A great natural film set

gran canaria, Why?

• A great natural film set
• A Paradise of filming locations
• Superb tax benefits for audiovisual productions
• Experienced and qualified crew

An island ... full of possibilities

Connectivity

Connected to major European cities and capitals (132 destinations)

1st Airport of the Canary Islands and 5th of Spain

More than 10 million passengers per year

Located

2h 30’ from Madrid, Barcelona, LISBOA,... 4h from UK, Germany, France,... 6h from Norway, Sweden, Poland,... ... And 1h from West-Africa

Key Facts

Population of Las Palmas de Gran Canaria 385.000 Population of Gran Canaria 847.000 Currency Euro (€) Language Spanish Time zone GMT 0 Land Area 1560 km2 Km of Coastline 236 km Number of Beaches 120

The best weather in the world

By Consumer Travel Publications, Lexington, Massachusetts (of 600 cities)

• Average temperature: 22 ºC (72 ºF) year-round
• Superb light quality, boasting 4800 hours of daylight per year
• Make the most of your days of shooting...

A Wide Range of Accommodation

First Touristic Region in Europe

Over 3,5 million tourists ever y year A huge range of hotels and resorts ensuring a peaceful rest and security for the crew and the most demanding film stars

LODGING BEDS

5***** and *****GL hotels 14 8937 4**** Hotels 53 24969 3*** Hotels 49 20036 Enormous range of Apartments > 90.000

A Paradise of Filming Locations

An island full of contrasts... a Miniature Continent You will be surprised to see how close all the locations are

Arid Landscapes and Deserts Forests

Enormous range of beaches Volcanic Landscapes... other planets

Mountains and Cliffs Commercial Ports and Marinas

Rural Environments Roads

Cosmopolitan Cities and Industrial Areas Quaint and Colonial Villages

Tax Benefits

38-40%

tax credit for Spanish Productions

35%

Tax Rebate for International Productions

Canary Islands Investment Reserve

(RIC)

7% IGIC

(VAT)

ZEC

(Corporate tax 4%)

Tax Benefits

(REF)

35% Direct Deduction for

foreign productions*:

For the service company to carry out the foreign production (Feature, animation or documentary films, motion pictures and TV series)

• 35% deduction of the production expenses in the Canary Islands
• Minimum investment of €1 million on expenses directly related to productions in the

Canary Islands

• Expenses on the creative crew (with tax residency in Spain or any EU country) rise to

a maximum of €50.000 per person

• Expenses on technical industries and other suppliers (expenses to be incurred in the

Canary Islands regardless of the supplier’s nationality)

• Maximum deduction of €4,5 million
• The production company supplying local service must be a tax resident in the

Canary Islands

*Art. 36.2 of Spanish Corporation Tax Law 27/2014, 27th November ( https://www.boe.es/diario_boe/txt.php?id=BOE-A-2014-12328 ) and Royal Decree-law 15/2014 19th December, modifying the Canary Islands Tax and Economic System (REF). ( https://www.boe.es/diario_boe/txt.php?id=BOE-A-2014-13248 )

Eligible Expenses incurred in the Canary Islands

• Expenses related to the Creative Crew expenses related to creative crew director,

scriptwriter, cinematographer, music composer, actors and other artists, chief editor, art director, sound manager, costume designer and key make-up and hair artists

• Expenses related to suppliers and technical industries: executive producer,

line producer and production assistant, assistant directors, stage-manager, script supervisor, casting crew and casting director

• Expenses related to set construction, costume department and Hair and

Make-up. Camera, lighting and sound crews

• Expenses related to technical crew (food, accommodation and transfers).

Post-production: Equipment and technicians. Dubbing, copies, promotion and publicity

38-40% deduction for investment

in Spanish productions*

• Investments to produce feature films, short films, TV series, animation and

documentary films

• A 40% allowance for the first million € and a 38% deduction for the rest of the

budget

• A maximum deduction of €5.4 million on each production
• Producers and investors’ tax address must be in the Canary Islands
• At least a 50% of the production must be carried out in Spain
• Requirements: the Spanish Nationality Film Certificate issued by the ICAA (Spanish

Film and Audiovisual Arts Institute), the confirmation of cultural nature and the Canaries Audio Visual Work Certificate:

*Art.36.1 of Law 27/2014, 27th Nov, of the Corporation Tax. ( https://www.boe.es/diario_boe/txt.php?id=BOE-A-2014-12328 ) and Royal Decree-law 15/2014 19th December, modifying the Canary Islands Tax and Economic System (REF) ( https://www.boe.es/diario_boe/txt.php?id=BOE-A-2014-13248 )

Requirements of the Canaries Audiovisual Work Certificate

− Spanish Nationality Film Certificate − At least two weeks shooting in the Canaries − In the case of a co-production, the Canary producer’s amount must be higher than

a 20% of the total cost of the Audiovisual Work

− Hiring local professionals: at least a chief of department, a lead or support actor

must live in the Canary Islands

− The production company must be based in the Canary Islands and entered in the

Canary Islands Registry Office of Audiovisual Companies

ZEC (Canary Islands Special Zone)

Tax Advantages *

The best place to establish your business:

• A Corporation Tax of only 4% instead of

the 25% applied in the rest of Spain

• Low Taxation on indirect taxes (7% IGIC)
• Compatibility with the 35% tax

deduction for international productions

France 36,1 % Belgium 34 % Spain 30 % Germany 29,8 % Italy 27,5 % Greece 26 % Portugal 25 % The Netherlands 25 % Denmark 25 % Finland 24,5 % European Average 23 % UK 23 % Poland 19 %

GRAN CANARIA (ZEC) 4%

Requirements:

• Starting a new company in Gran Canaria
• A minimum investment of €100.000 in fixed assets related to the company ’s

activity during the first 2 years after being registered in the ZEC

• Creating at least 5 new jobs during the first 6 months after being registered

(and keep an average of 5 workers in the following 2 years)

• At least one of the company managers must live in the Canar y Islands
• The activity must be authorized by the ZEC (including the audiovisual

industr y and ICT)

* The Canar y Islands Special Zone (ZEC) is a consortium public entity between the Governments of Spain and the Canar y Islands, linked to the Ministr y of Finance. (http://www.zec.org/en/)

An Experienced and Qualified Crew

A booming audiovisual sector and an excellent crew with proved experience at your service at very competitive prices

• Advertisement, TV and Film Production Companies
• Production Companies providing Services
• Professional Equipment Rental
• Film Commission Services
• Actors and extras
• TV Studios
• Special Services: catering, stunts, rent-a-car, security services, legal advice, etc.

Shooting in Gran Canaria

Infrastructure supporting

Audiovisual Sector

B) Manuel Lois Support at shootings A) Pasarela Building Digital Content Companies

• University Hospital
• Universities
• Port of Las Palmas
• Security

A Safe Destination

Contact us

www.grancanariafilm.com

In Spain:

NURIA GUINNOT

Las Palmas de Gran Canaria grancanariafilm@spegc.org +34 630 647 248 +34 928 424 600 - ext 30

In USA:

CARMEN DÍAZ

Beverly Hills, L.A. cadiazm@grancanaria.com +1 323 331 5470 +34 928 400 900

Cabildo de Gran Canaria