• Qualifying projects: feature films, documentaries, television programs, episodic series, mini-series, music videos, national and international commercials, videogames, recorded live performances and original sound track recordings and dubbing

• $100,000 minimum spend requirement per project ($50,000 for short films)

• No principal photography requirements (full or partial development, preproduction, and post-production may qualify). If 50% or more of principal photography is shot on the island, development payments to Puerto Rico Resident companies and individuals and Qualified Nonresident individuals can qualify.

• No per-project or individual wage caps

• No cap on credits for payments to Qualified Nonresident individuals. Payments made to Qualified Nonresident individuals are subject to a 20% withholding over their Puerto Rico sourced income

• The annual cap on credits for payments to Puerto Rico Resident companies and individuals is $50 million (which may be expanded up to $350 million if incurred partially in a “Zone”.

Have a commercial shoot that fails to qualify? Our producers are able to package multiple commercial projects into one application, so if your commercial shoot doesn’t quite meet the $100,000 budgetary requirements to apply for tax credits we may be able to “bundle” another of your projects alongside, as long as both projects are shot concurrently and under the same project header.