Entertainment Funds
What are Funcines?
Funcine is a capital markets vehicle that aims at fostering and developing local artistic, educational and cultural projects while also enabling companies taxed under the real profit regime to allocate up to 3% of their income tax as an investment. Under certain circumstances the same instrument also applies to individuals, who may allocate up to 6% of their income tax due.
Advantages
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Transparency: Funds have daily NAV'S and are under the supervision of the CVM (Brazilian Regulatory Agency)
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Tax Effectiveness: Companies taxed under the Real Profit regime may allocate up to 3% of the income tax due Possibility to invest in a diverse range of projects to reduce risk
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Experience: Partnership with experienced players of Brazil's film industry to advise on the selection of the projects
Technical Partners
Downtown Filmes
Technical partner of Funcine Lacan Downtown Filmes and Lacan Downtown Filmes II
RioFilme
Technical partner of Funcine Rio 1
