International co-production in the audiovisual industry is a form of producing cinematographic, television, or general audiovisual works that involves the collaboration of economic agents located in two or more countries. In this context, economic agents typically refer to production companies or businesses that finance and participate in the production of the work.
The central characteristic of international co-production is the sharing of responsibilities and resources among co-producers of different nationalities. This may include financial contributions, the division of production tasks, the use of talent from different countries, and the distribution of ownership of the work.
Brazil has international co-production agreements with the following countries, covering productions for cinema, television, or both: Germany, Canada, Chile, Spain, France, India, Israel, Italy, Portugal, the United Kingdom, and Venezuela.
In international co-productions with countries that have international co-production agreements with Brazil, it is necessary to adhere to the specific terms of each agreement.
In the case of co-productions with countries that do not have agreements, it is mandatory to use at least 2/3 of Brazilian artists and technicians or residents in Brazil for over 3 years, and to ensure that at least 40% of the economic rights of the work belong to the Brazilian party. Both cases must also comply with the internal regulations of ANCINE.
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