EFICINE

EFICINE is a fiscal incentive established in 2006 in article 189 of the Income Tax Law, coordinated by the Ministry of Culture and the Ministry of Finance and Public Credit (SHCP), through the Mexican Film Institute (IMCINE) for Investment Projects in National Film Production and Distribution.
The program is a benefit granted to the film industry for the production and distribution of feature films, consisting of applying a tax credit for the amount contributed to an investment project in the production or distribution by a taxpayer of Income Tax (ISR) to support the production or post-production of fiction, animation and documentary films; as well as the distribution of films.
The EFICINE allows the private sector (individuals and companies) to contribute with resources to an investment project in film production or distribution and to decrease the amount of their contribution from the payment of their income tax. The amount of the contribution to the corresponding investment project (for which an accreditation will be authorized in the payment of the ISR) can be up to 20 million pesos per taxpayer and investment project in production, as well as 2 million of pesos for investment projects in the national film distribution, or 10% of the ISR of the contributing taxpayer in the previous year.
Eficine Production
Investment projects in national film production are considered to be investments in the national territory specifically aimed at making a film through a process that combines creation and production, as well as the human, material and financial resources necessary for that purpose.
Eficine Distribution
Investment projects in the distribution of national cinema films will be considered to be the proposal of actions, activities and strategies aimed at the distribution of national films with artistic merit, both in commercial and non-commercial circuits, as well as those which encourage the formation of audiences and encourage the circulation of national production.