Cinema Law 55/2007 aims to bolster the promotion and development of the production, distribution and showing of films and audiovisual works, and the establishment not only of terms favoring their creation and dissemination but also of measures for the preservation of film-making and audiovisual heritage. Apart from the tax incentives applicable to the film-making industry, some of the main incentives included in the Cinema Law, which are to be granted by the Spanish Institute for Film-making and Audiovisual Arts (Instituto de la Cinematografía y de las Artes Audiovisuales or ICAA), consist of subsidies which vary in amount depending on the beneficiaries, for, inter alia (i) script-writing and project development; (ii) cultural and non-regulated training projects; (iii) aid for the amortization of full-length motion pictures and short films; (iv) aid for the distribution of films; and (v) aid for movie theaters.
The Law was implemented by Royal Decree 2062/2008, of December 12, 2008, which determines, among other aspects, the bases and conditions regulating aid and subsidies in the areas of creation, production and distribution of films, as well as the use of new technologies and the preservation of film-making heritage.
Please also note that Order CUL/2834/2009, implementing Royal Decree 2062/2008, has obtained the express backing of the European Commission, which declared it to comply with the Community laws on the matter. This order is focused on aspects connected with the acknowledgement of film costs and producers’ investments, the establishment of the terms of reference for state aid and the structure of the Administrative Register of Cinematographic and Audiovisual Enterprises.
Last updated: 22|06|2015