The Belgian Tax Shelter is a government-approved tax incentive designed to encourage the production of audiovisual works in Belgium. The system is open to Belgian productions as well as international co-productions with Belgium that meet certain criteria.
All three parties benefit from this arrangement: the producer is offered a very attractive way to finance projects; the investor obtains tax exemption through a virtually risk-free investment; and the Belgian state gains from increased economic activity and spend.
Based upon the amount of qualifying audiovisual costs the production will spend in the European Economic Area, and upon the amount of direct and indirect Belgian-eligible expenses, the Federal Public Service Finance can provide Tax Shelter certificates to local investors. The investor must make its full payment within three months of signing the framework agreement. Through the system, the investor pre-finances the production and/or post-production costs in return for tax benefits and a possible fixed return on investment.
The Tax Shelter can provide additional funding up to 33% of the total qualifying expenses in the EEA. It allows the finance of up to 40% of the Belgian-eligible expenses.
European audiovisual works such as:
International productions such as a feature film, documentary or animation film intended for a wide audience, provided that is
The best and easiest way to gain access is to first find a local producer to make a co-production. More information is available in the brochure “Belgian Tax Shelter - 2024".
Federal Public Service Finance - International Investments Department
North Galaxy
Boulevard du Roi Albert II, 33 – box 22
BE - 1030 Brussels
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