Tax credit and videogames: in Italy you can
Tax credit decree on video games has been issued.
The latest among the measures granted by the Ministry of Franceschini in favor of operators in the performing art and entertainment sector, the decree of May 14, 2021 recognizes to companies subject to taxation in Italy and which have a minimum share capital of ten thousand euros, if the design and develop videogames, a tax credit equal to 25% of the eligible costs incurred in the realization of each project, up to a limit of one million euros per year, provided that, using the words of the Minister, the final products are recognized “as works of particular value cultural”.
This is a particularly important benefit, both because it finally recognizes value to a sector that for some time, worldwide, has achieved volumes of business such as to compete directly with cinema and audiovisuals, and because almost all companies that dealing with developing video games is made up of start-ups created by very young people, who will therefore find even greater vigor in transforming a passion into a real high-profit job, as is already the case with their peers in other parts of the world.
If you want to know more, you are interested in this type of subsidy, if you already have a project that you dream of seeing realized send an email to firstname.lastname@example.org and ask for a free feasibility study.
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