Promotion of the cinematographic activity in colombia, law 814 of 2003 or film act, and promotion of the national territory as stage for the filming of cinematographic works, law 1556 of 2012 or colombia filming act

Law 814 of 2003 – film actadopts measures of promotion that enable productive return scenarios for various links of the film industry; stimulates investment in the production of the goods and services included in this cultural industry; empowers the film industry as a whole, fostering conditions of participation, protection and competitiveness.tax incentives they favor film producers with an important source of financing, encouraging individuals and private companies to make contributions to and invest in film projects with the granting of tax incentives.film development fundas a mechanism to promote the film act, the film development fund (fondo para el desarrollo cinematografico) receives money collected through the parafiscal fee paid by exhibitors, distributors and producers as a result of the screening of international cinematographic works in the country.exhibit incentivesfilm exhibitors will be able to deduct directly, as an incentive to their activity, 6.25 percentage points of the contribution on their charge when they screen colombian short films, certified according to the norms. law 1556 of 2012 – colombia filming actcreation of the colombia film fund: special account of the ministry of commerce, industry and tourism, whose resources are destined to the payment of cash rebates, administrative costs and investment in promotional activities of colombia as a film location.cash rebate: the companies producing cinematographic works – shot totally or partially within the colombian territory – who have signed colombia film contracts, will receive a cash rebate equivalent to 40% of the value of the expenses incurred in the country for cinematographic services contracted with colombian companies and 20% of the value of expenses in hotels, food and transportation, provided that the conditions set out in the resource allocation manual are met.