Tax credit up to 70%

For all audiovisual productions*, national and international, including new digital formats.

60% if expenses in Bizkaia >50%.
50% if expenses in Bizkaia account for between 35-50% of the total.
40% if expenses in Bizkaia are between 20-35%.
35% overall (There is no territoriality requirement).
+10% if Basque is the source language.

*Feature length films, short films, other featured films, television series, animation or documentaries.

Deduction limits

• 50% of global production cost estimate, including all other grants.
• 60%, European co-productions.
• No Limit, complex works or co-productions with countries belonging to the OECD Development Assistance Committee.

Requirements for the deduction

• Certificate accrediting cultural nature, issued by ICAA, Autonomous Community Bodies or other EU or EEA States.
• Deposit a copy in the Basque Film Archives or competent body.

Beneficiaries

• Legal entities “producers and/or executive producers” with registered address in Bizkaia.
• Natural persons normally resident in Bizkaia.

Complex works

• Short films.
• Films which are a director’s first or second work.
• Works with version in Euskera only.
• Low budget works (up to one million euros).
• Works, which due to subject matter or other questions inherent to the production, encounter difficulties entering the market. (Apply to the Tax Office for this classification during first year of application of deduction).