Film Tax Incentive Peru: A Guide to Peru's Film Tax Incentives
New CIPA Transferable Tax Credit (Law No. 32309) — Plus Culture Ministry Grants & Co-Production Funds
This guide covers Peru's new film and audiovisual incentives. It walks through the CIPA transferable tax credit under Law No. 32309, the Ministry of Culture's grant program, and international co-production routes. It also covers the locations and low costs that draw global shoots to Peru.
As Fixers in Peru, we bring local expertise to international productions filming in Peru. Our team's deep knowledge of local regulations, crew networks, and production infrastructure ensures your project runs smoothly from pre-production through delivery.
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Common Questions
Does Peru have a film tax incentive?
Peru has passed Law No. 32309, which creates the CIPA. This is a transferable audiovisual tax credit issued by the Ministry of Economy and Finance. It is not yet live and becomes usable once the rules are finished, expected during 2026. For now, the Ministry of Culture funds projects through competitive grants and international co-production programs.
How does the CIPA tax credit work?
The CIPA is a certificate earned by qualifying investment in a recognised Peruvian audiovisual production. Producers can apply it against income tax or VAT, and cut that bill by up to 50%. Unused credits can be transferred or sold to others, much like Colombia's CINA model.
Can foreign and co-produced documentaries qualify?
Yes. Documentaries fall within the audiovisual scope of Law No. 32309, and they qualify for Ibermedia co-production funding. International projects usually take part through a Peruvian co-production partner or production services company.
Do I need a Peruvian production company?
Yes. You need a Peruvian production services company to register the project, contract spend locally, and hold or transfer a CIPA credit. Fixers in Peru can act as your local partner and handle these needs.
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Maximize Your Production Budget in Peru
Peru pairs a new incentive framework with real on-the-ground perks. You get varied locations from the Pacific coast to the Andes to the Amazon, low service and crew costs, and well-stocked gear. Structuring local spend and Peruvian participation early sets your project up to gain from the CIPA credit and the Ministry of Culture's grant program once you qualify. Contact Fixers in Peru to discuss your next project.