Mexico: Tax incentive for film and audiovisual production
A tax credit of up to 30% of the total cost of the project or production process carried out within Mexico
A decree granting a tax incentive for film and audiovisual production was published in the Official Gazette of the Federation on February 16, 2026.
The decree establishes a tax credit of up to 30% of the total cost of the project or production process carried out within Mexico, with a maximum credit of MXN 40 million per production and per beneficiary, and a total limit of MXN 400 million.
According to the decree, the following entities are eligible for the tax incentive:
- Individuals or legal entities residing in Mexico that conduct business activities
- Foreign residents with a permanent establishment in Mexico engaged in film or audiovisual production
- Foreign residents without a permanent establishment in Mexico, provided that the film or audiovisual production is carried out through an individual or legal entity residing in Mexico engaged in such activities
The project must be a film or audiovisual production carried out within Mexico. The requirements include:
- Submitting the project to the Technical Committee, obtaining the processing certificate and the certificate of compliance, as well as adhering to its guidelines
- Making expenditures within the national territory in accordance with the minimum thresholds of the decree itself
- That the project has at least 70% national suppliers
The beneficiaries must comply with certain quantitative limits, rules, and other restrictions under which the tax credit operates.
Read a February 2026 report (Spanish) prepared by the KPMG member firm in Mexico