Cultural tax incentive · Art. 36 & 39.7 LIS

A deduction applied directly to your income tax due

If you're a professional in a high tax bracket, you have few legal tools to lower your tax bill. This is one: contribute from €5,000 to certified cultural productions and the deduction is subtracted directly from your tax due.

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Tax framework validated by the European Commission

Backed by

South Summit 2025 · Fintech Finalist
IESE WeGrow
Catalonia Audiovisual Cluster
Madrid Audiovisual Cluster

01 · The incentive

You deduct more than you contribute

120%

Deduction on the amount contributed (Art. 39.7 LIS)

~20%

Net tax saving, whatever your bracket

€5,000

Minimum contribution, designed for professionals

15 years

To offset any excess deduction

An example
You contribute€15,000
Deduction (120%)€18,000
Net saving (~20%)€3,000

Illustrative example. The deduction is subtracted from your tax due, not from your taxable base: it doesn't change your tax bracket.

02 · Why it fits your profile

Designed for professionals, not just large companies

Few legal alternatives

It's a deduction consolidated in law (Art. 36 and 39.7 LIS) and validated by the European Commission. It's not tax engineering.

Accessible from €5,000

Also designed for liberal professionals: doctors, notaries, lawyers, registrars… in high income tax brackets.

No paperwork for you

You sign and contribute: two steps. Hulahoop and your advisor handle the operational side.

03 · How it works

From your tax due to the applied deduction, in four steps

You, your tax advisor and Hulahoop take part.

  1. Request your simulation

    You tell us your estimated income tax due for the year.

    01

  2. Closed simulation

    We give you the amount to contribute, the deduction and the net saving based on your actual position.

    02

  3. Your advisor validates

    We provide the technical package (legal basis and tax authority guide) for their sign-off.

    03

  4. You sign and deduct

    You make the contribution within the fiscal year and apply the deduction in your tax return.

    04

04 · Legal framework

A consolidated deduction with legal backing

Legal basis
Articles 36 and 39.7 of the Spanish Corporate Tax Law (LIS), consolidated since 2021 and validated by the European Commission (Nov. 2023).
Deduction
Up to 120% of the amount contributed (financier, Art. 39.7). Net saving ~20%.
Excess
If you can't apply the full deduction one year, it carries forward up to 15 fiscal years.
Ticket
From €5,000, flexible depending on your profile.
Certification
ICAA (audiovisual) and INAEM (performing arts/music), under the Ministry of Culture.

Frequently asked questions

Does this lower my tax bracket?
It doesn't change it: it's a deduction on the tax due. It's subtracted directly from what you pay in income tax, without touching your base or your bracket.
How is it different from a deductible expense?
An expense reduces your taxable base; this reduces your tax due directly. That's why the net saving is around 20% of what you contribute.
What if I can't apply the full deduction one year?
It isn't lost: the excess carries forward and you can apply it for up to 15 years.
How much do I save exactly?
Around 20% net of the amount contributed. We close the figure in the simulation with your actual tax position, before you sign anything.
Is it safe with the tax authority?
It's covered by Art. 36 and 39.7 LIS (since 2021), validated by the European Commission. Projects are certified by ICAA/INAEM.
What does it cost me?
Nothing. The contribution goes entirely to the project and is what generates the deduction. No fees or hidden costs.

Shall we talk?

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We'll send you the simulation with your actual saving and contact you within 24-48 h. No strings attached.

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