France has one of the most competitive tax credit schemes in the video game industry. This is thanks to a push on R&D by Macron’s government.
Decree no. 2022-1392 of 19th October 2022 relaxed the Cinema and Animated Image Code, which allows companies to reap the benefits of a tax credit. It applies to the creation of a specific game and gives a tax exemption for 30% of development expenses up to 6 million euros per company per year.
To be eligible for this scheme, video game creators must fulfil the following criteria:
- Be subject to French corporation tax
- Be responsible for the artistic/technical production of the video game
- Be responsible for the relevant production expenses
In addition, the video game itself must fulfil the following requirements:
- Have incurred a development cost of 100 000€ or more
- Be marketed to the public
- Be produced by French national or European Union citizens
- Have contributed to the development of French & European video game industry
For more information on this topic, do not hesitate to contact us. Our team of experts will be more than happy to assist you with any queries you may have.
