Pay less tax by supporting culture
For every €10,000 contributed to a certified project, you deduct €12,000 (120%) and save ~€2,000 net in corporate or personal income tax. From €5,000, at no cost to you.
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01 · The incentive
The incentive, in figures
Deduction on the amount contributed (Art. 39.7 LIS)
Net tax saving, in any bracket
Minimum ticket: self-employed and professionals
Available each year in the incentives market
Illustrative example. The saving is around 20% in any bracket; the detail depends on your liability. The deduction goes against the tax liability, not the taxable base.
02 · How it works
From decision to deduction, in four steps
It involves you, your tax adviser and Hulahoop.
- 01
Tax diagnosis
We look at your estimated corporate or personal income tax liability for the year and you confirm the fit.
- 02
Firm simulation
We give you the amount to contribute, the deduction and the net saving based on your actual position.
- 03
Your adviser validates
We give them the technical pack (legal basis and tax-authority guide) for their sign-off.
- 04
Signature and deduction
It's signed, you contribute within the tax year and the deduction is applied on your return.
03 · Who it suits
The higher your tax bill, the more sense it makes
A stable liability every year
A deduction applicable year after year.
Two tax fronts
The company's corporate tax + the partner's personal income tax.
High margin and cash flow
A high tax bill that turns into a deduction.
High personal income tax bracket
Notary, registrar, doctor, lawyer… in the top brackets.
High Corporate Income Tax
An optimised structure that turns part of the liability into savings.
For your clients with a high liability
Under a partnership agreement.
04 · Legal framework
A consolidated deduction with legal backing
- Legal basis
- Articles 36 and 39.7 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%.
- Liability limit
- Does not exceed 25% of the gross tax liability (extendable to 50%). The excess is carried forward for 15 tax years.
- Ticket
- From €5,000, flexible depending on profile.
- Verticals
- Film, audiovisual, festivals, music and performing arts.
- Certification
- ICAA (audiovisual) and INAEM (performing arts/music), from the Ministry of Culture.
05 · Why Hulahoop
Your financial partner, from start to finish
A documented transaction
Financing agreement, reporting to the tax authorities on time and official certification. All in order.
Proprietary technology
We digitise the management of the incentive: less paperwork, end-to-end traceability and the transaction under control.
Track record
MUAC Fest, Starlite Christmas, Crazyworld, Trinidad. A quota of up to €20M in 2026.
Frequently asked questions
Is it safe with the tax authorities?
How much do you save?
Is it an investment with a return?
What's the minimum ticket?
What if the project doesn't do well?
How long does it take?
Is there any cost to me?
Shall we talk?
Tell us about your case and calculate your real saving
We look at your tax situation, estimate your saving and explain how we work. No commitment.