Why the Dominican Republic?
The Dominican Republic is committed to becoming the center of the film industry in Central America and the Caribbean, offering an incentive of 25% through a transferable tax credit and an exemption of 18% VAT on applicable goods and services.
As a result of the film law, which includes film-friendly lucrative incentives, the Dominican Republic is now one of the most attractive and cost competitive destinations for film and TV productions.
TAX INCENTIVES
FAQs
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It is a 25% transferable Tax Credit on ATL and BTL VAT Exemption
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Registered individuals and production companies producing feature films, documentaries, music videos, TV, mini series, and more.
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Yes, USD $500,000
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Yes, Residents and Non-Residents are both qualified labor.
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Yes; the credit may be transferred in favor of one or several Dominican taxpayers. Up-front monetization solutions are also available in the country.
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In order to obtain the TTC, only goods & services expenses that are directly related to pre-production, production & post-production are exempt from tax on the transfer of services and industrialized goods.
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Qualifying production companies and individuals must register, undergo an audit, and include screen credit.
