gran canaria, Why? An island... full of possibilities A great natural film set A Paradise of filming locations
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2 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
3 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
4 Key Facts Population of Las Palmas de Gran Canaria Population of Gran Canaria Currency Euro ( ) Language Spanish Time zone GMT 0 Land Area 1560 km 2 Km of Coastline 236 km Number of Beaches 120
5 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...
6 A Wide Range of Accommodation First Touristic Region in Europe Over 3,5 million tourists every year LODGING BEDS 5***** and *****GL hotels **** Hotels *** Hotels Enormous range of Apartments > A huge range of hotels and resorts ensuring a peaceful rest and security for the crew and the most demanding film stars
7 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
8 Arid Landscapes and Deserts Forests
9 Volcanic Landscapes... other planets Enormous range of beaches
10 Commercial Ports and Marinas Mountains and Cliffs
11 Roads Rural Environments
12 Quaint and Colonial Villages Cosmopolitan Cities and Industrial Areas
13 Tax Benefits 40-45% tax credit for Spanish Productions Tax Benefits (REF) 40% Tax Rebate for International Productions 7% IGIC (VAT) Canary Islands Investment Reserve (RIC) ZEC (Corporate tax 4%)
14 40% 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) 40% deduction of the production expenses in the Canary Islands Minimum investment of 1 million on expenses directly related to productions in the Canary Islands The productions that qualify for this deduction must have a minimun budget of 2 million Expenses on the creative crew (with tax residency in Spain or any EU country) rise to a maximum of 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 of Spanish Corporation Tax Law 27/2014, 27th November ( ) and Royal Decree-law 15/ th December, modifying the Canary Islands Tax and Economic System (REF). ( )
15 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
16 40-45% deduction for investment in Spanish productions* Investments to produce feature films, short films, TV series, animation and documentary films A 45% allowance for the first million and a 40% 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. ( ) and Royal Decree-law 15/ th December, modifying the Canary Islands Tax and Economic System (REF) ( )
17 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
18 ZEC (Canary Islands Special Zone) Tax Advantages * 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% 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 40% tax deduction for international productions
19 Requirements: Starting a new company in Gran Canaria A minimum investment of 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 Canary Islands The activity must be authorized by the ZEC (including the audiovisual industry and ICT) * The Canary Islands Special Zone (ZEC) is a consortium public entity between the Governments of Spain and the Canary Islands, linked to the Ministry of Finance. (
20 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 and sound studios Special Services: catering, stunts, rent-a-car, security services, legal advice, etc.
21 Shooting in Gran Canaria
22
23 Infrastructures and services for the audiovisual sector
24 A Safe Destination University Hospital Universities Port of Las Palmas Security
25 Contact us In Spain: NURIA GUINNOT Las Palmas de Gran Canaria In USA: CARMEN DÍAZ Beverly Hills, L.A
40% TAX REBATE 45-40% TAX CREDIT
LANZAROTE FUERTEVENTURA GRAN CANARIA TENERIFE LA GOMERA LA PALMA EL IERRO Latitude of life 40% TAX REBATE 45-40% TAX CREDIT & URIOUS IN TE EART OF TE SEA Wild Oats IERRO TENERIFE LA GOMERA GRAN CANARIA
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