Step 14
Contribution to the CINA system
- Application stage: Acreditación del proyecto CINA
The producer must make a contribution equivalent to 5% of the nominal value of the CINA. If the Bid Bond paid is equal to or greater than that amount, no additional payment is necessary.
Enter the estimated values of your budget in Colombia and view the results:
*If the calculation of the Bid Bond exceeds COP 140,072,400, the amount to be paid is equivalent to this cap.
Remember that...
- The Bid Bond acts as an advance on the contribution that producers make to the CINA system. Therefore, when calculating the final value of your contribution, the amount already paid at the time of application is deducted.
- Once all the project accreditation requirements have been met, Proimágenes informs the producer of the final amount of the contribution.
- The producers’ contribution is used to fund the incentive system, training activities for the audiovisual sector in the country, knowledge transfer, sectoral organization, and actions to promote Colombia as a location for audiovisual productions.
Frequently asked questions
What happens if the Bid Bond exceeds 5% of the contribution?
No additional payments are required.
Is the contribution to the CINA system refundable?
No. It is part of the mandatory costs for accessing the incentive.