Colombia Film Tax Incentive

How Does Colombia's Film Tax Incentive Work?

Colombia offers the most aggressive film production incentives in Latin America, combining a transferable tax credit (CINA) with a cash rebate program (FFC). The Colombian Film Commission administers both programs, which have attracted over 165 international productions.

Incentive Programs

CINA (Audiovisual Investment Certificate)

CINA provides a transferable tax credit equivalent to 35% of eligible expenses incurred by foreign productions in Colombia on audiovisual and logistical services. A 5% fee is payable to the Colombian Film Commission on issued certificates, resulting in a net value return of approximately 33.25% on total qualifying spend.

For 2026, Colombia allocated a record COP 350 billion (approximately $90 million) to the CINA program, a 49% increase from 2025. This is the largest allocation in the program's history.

FFC (Colombia Film Fund)

The FFC provides a cash rebate of 40% on audiovisual services and 20% on logistical services carried out in Colombia. The FFC results in an average net value return of 30-32% on total qualifying spend. Both CINA and FFC cover pre-production, production, and post-production activities.

Which Productions Are Eligible?

• Feature films (theatrical and streaming)
• Documentary
• Television and web series
• Animation
• Music videos and promos

Why Productions Choose Colombia

Geographic diversity. Colombia offers tropical rainforest, Caribbean and Pacific coastlines, Andean mountains, colonial cities (Cartagena, Bogotá), and modern urban environments.

Cost advantage. Local production costs are significantly lower than US and European markets.

Growing infrastructure. Colombian studios and post-production facilities have expanded rapidly alongside the incentive program's growth.

Government commitment. The record $90 million 2026 allocation signals strong long-term support for international production.

Colombia Film Incentive: Key Facts

• CINA rate: 35% transferable tax credit (net ~33.25%)
• FFC rate: 40% cash rebate on audiovisual services
• 2026 fund: COP 350 billion (~$90 million, record high)
• Eligible formats: Features, TV, docs, animation, music videos
• Credit type: Transferable tax credit (CINA) + cash rebate (FFC)
• Official resource: Colombian Film Commission