Article 39.7 lets both companies and self-employed professionals redirect part of their tax payment to a certified Spanish film or stage production, cutting a fixed 10 % off their tax bill. Instead of paying that portion directly to Hacienda, you pay it to the production through a structured agreement. Our setup fixes the benefit at this level and removes all the admin work.
How the incentive works
- You pay funds – up to 30 % of the production budget – directly to an approved producer, rather than to the tax office.
- A joint notice is filed with the Agencia Tributaria before 31 December.
- You receive a tax credit worth 120 % of the amount you paid. For example, if you pay €10 000 to the production, your tax bill drops by €12 000.
- The credit can reduce up to 50 % of what you owe in taxes.
Example: tax bill €100 000 → redirect €50 000 to a production → tax drops by €60 000. Net saving: €10 000 (10 %).
This is not an investment in the film’s profits or rights – it’s a tax mechanism that swaps part of your tax payment for a legally approved cultural contribution.
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Who qualifies
- Your business pays Spanish corporation tax, or you run a foreign company with a branch in Spain.
- You and the producer are not linked companies.
- Sign the financing contract before the producer gets the nationality certificate.
- Enter the project code in box 00074 of Form 200.
Additional limitations
- Together, your Article 36 and Article 39 credits can wipe out up to 50 % of the tax you owe.
- Any credit you cannot use now carries forward for the next 15 years.
When you can deduct
Claim in the year certificates are issued. If the show finishes in a later year, carry the credit forward and apply it then.
Step‑by‑step process (both profiles)
- Review the production budget and Spanish‑spend ratio.
- Sign the financing agreement.
- Transfer funds to escrow.
- File the joint notice on the AEAT portal.
- Claim the deduction in Form 200 or Modelo 100.
Detailed instructions appear in the Agencia Tributaria guide.
End‑to‑end service
Our platform coordinates producers, tax lawyers and AEAT. We verify budgets, monitor certificates, prepare all filings and fix the contribution at 110 % of your investment, so you keep 10 % more of your income with just a few clicks.
Managing risk
- Funds stay in escrow until the cultural certificate is issued.
- Contributions are capped so no investor exceeds the 110 % share.
- Our lawyers answer any AEAT query.
Bottom line
Whether you trade through a company or as an autónomo in, Article 39.7 lets you swap cash for a guaranteed 10 % tax discount. We cover every form and deadline so you can focus on work.
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