3.5 Success Stories (Dominican Republic)
“Ley de Cine” with Marianna Vargas
In the Dominican Republic, there is a Film Law that was approved in 2010. This law aims to promote and regulate the production and dissemination of cinematographic works in the country.
Here are some of the most notable impacts that this law has had on Dominican cinema:
The law establishes a fund for the promotion of film production, which is financed with a percentage of the income tax paid by companies that invest in advertising. This fund has allowed for the production of more films in the country and has contributed to the growth of the film industry.
Establishment of tax incentives
The law establishes a series of tax incentives for companies that invest in film production in the country. These incentives include tax exemptions, tax credits, and a 25% reimbursement of production expenses.
The law stipulates that at least 10% of the movie theaters in the country must screen films produced in the Dominican Republic. This has allowed the audience to have access to a greater number of Dominican films and has contributed to the promotion of national cinema.
The growth of the film industry has generated employment in the country, both in film production and in other related sectors such as advertising and tourism.
Some movies filmed in the Dominican Republic include:
The Lost City
Starring Sandra Bullock and Channing Tatum.
Shotgun Wedding
Starring Jennifer Lopez and Josh Duhamel.
Fast and Furious 7
Starring Vin Diesel and Paul Walker.
Learn more about this law by clicking the button below:
Mecenazgo Law
In the Dominican Republic, there is also the Cultural Patronage Law, known as the Cultural Incentive Law. This law was approved in 2012 and aims to promote cultural and artistic patronage in the country.
Some projects that fall under this initiative include:
The Tovar Immersive Experience
Foro Caribe Naranja
Design Week RD
Learn more about this law by clicking the button below:
Now test your knowledge! Indicate whether the answer is ‘true’ or ‘false’:
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