Imagine this: you’re sitting across from a foreign producer or investor. How do you convince them that Colombia should be their next filming destination?
Dropping a line like “We offer a 35% incentive” won’t seal the deal—especially when the real benefit usually falls between 32% and 33%. The secret isn’t inflating numbers. It’s telling the full story: a country with undeniable advantages, world-class professionals, and a legal framework that gives you the tools to succeed—not empty promises.
Law 1556 isn’t just a tax break. It’s a production strategy.
Colombia has two major financial levers:
- FFC: 40% cash rebate on audiovisual services and 20% on logistical expenses.
- CINA: 35% tax credit on qualifying spend in Colombia (netting about 32–33% after adjustments).
But here’s the truth: the real magic isn’t in the percentage—it’s in how you structure the deal, how you leverage the law, and who you choose to partner with.
Five Ways to Sell Law 1556 Like a Pro
1. Make it clear: this is for serious productions.
No “in development” pitches, no vague promises. Full investment must be secured from day one—no letters of intent. This tells your potential partner: “If you’re coming here, you’re all in.”
2. It’s not a gift—it’s a smart return.
With CINA, even if you don’t hit the full 35%, it’s still a powerful advantage. And with tools like factoring, part of the credit can be accessed in advance—meaning faster cash flow, less pressure, and a healthier budget.
3. Spending stays in Colombia—and that’s a strength.
All qualifying expenses go to local, formal vendors. As a Colombian producer, you know the market, the best crews, and where to maximize every peso. For a foreign partner, that insider knowledge is pure gold.
4. A strong dollar works harder here.
Productions cost less in Colombia without compromising quality. Add in currency stability, competitive rates, and high-level crews, and the ROI beats many regional competitors. Combine that with the incentive, and you’ve got a strategic win.
5. You can be more than just the service provider.
If you have the investment, you can apply directly. Or you can partner with a foreign producer as their executor, coordinator, line producer, legal rep—or all of the above.
And yes, you charge for that. The 2.2% cap in the law applies only to public entities. Your professional fee? 100% negotiable.
Key Updates: MAR 2024
The new Application Manual for Regulation (MAR) clarifies and streamlines the process:
- Defines exactly what counts as eligible spend
- Establishes clear investment, scheduling, and oversight rules
- Caps public entity commissions at 2.2%
Read it end-to-end—not as bureaucracy, but as your blueprint for a compliant, winning production.
Pro Tip: Pair Law 1556 with COCREA
Layering incentives makes your financing model even stronger. COCREA allows private contributions with tax benefits.
That means you can combine foreign capital via CINA with domestic contributions via COCREA—boosting liquidity, credibility, and production power.
Selling Colombia is selling trust.
Colombia offers:
- Diverse, accessible, and breathtaking locations
- High-caliber creative and technical talent
- Economic and institutional stability
- Transparent, regulated incentives
- A rapidly expanding audiovisual ecosystem
But the truth is: locations alone don’t close the deal. Foreign producers are looking for partners who know the system, play it smart, and deliver.
Ready to shoot in Colombia or attract global investment?
At Studio AYMAC, we craft the story, structure the deal, and navigate the incentive with strategy, experience, and vision.
Because producing in Colombia isn’t just possible. It’s the smart move.
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SEDE PRINCIPAL BOGOTÁ D.C.
Carrera 20 # 53B – 44 Galerías.
Bogotá D.C. – Colombia
SEDE SANTIAGO DE CALI
Avenida 3B Bis # 60N – 33 Torre 2 Oficina 502, La Flora.
Santiago de Cali – Colombia
Celular: +57 321 519 1963
Correo: info@studioaymac.com
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