Puerto Rico is a filmmaker’s paradise, offering more than just stunning locations—it’s home to one of the most generous film tax credit programs in the industry. At CereProds, we’re here to help you tap into these lucrative incentives while delivering top-tier film production services tailored to your project.
The Puerto Rico Film Industry Economic Incentives Act provides a powerful suite of benefits: a 40% transferable tax credit on payments to local talent and crew, a 20% credit for non-resident above-the-line professionals, and a 25% infrastructure credit for qualifying studio investments. With annual funding caps recently boosted to $100 million (and up to $350 million in Film Development Zones), the opportunities are vast—and the credits are fully funded and tradable, making them a reliable financial win.
Navigating this landscape can be complex, from application deadlines to audit requirements. That’s where CereProds comes in. We streamline the process, ensuring you maximize your tax credits while we handle the heavy lifting of production—whether it’s pre-production, on-set execution, or post-production polish.
Ready to bring your vision to life in Puerto Rico? Contact us at @CereProds to explore how we can turn tax credits into your project’s competitive edge. Let’s make your next film a success—both creatively and financially.
Email us today to discuss your next project info@cereprods.com
