Video Game Labour Rebate
Game companies expanding their operations to Prince Edward Island may be eligible for our Video Game Labour Rebate (VGLR). This program provides game studios with a rebate against eligible production labour. Key features of the program include:
- eligible labour applies to all staff working full time and living in Prince Edward Island, except for those who possess more than 5 % ownership of the company.
- unlike most jurisdictions offering a labour based tax credit, companies may apply for quarterly payments of the rebate based on actual payroll records. This enables positive cash-flow for studios during the development cycle.
While Prince Edward Island’s size can be an obstacle in attracting larger companies, it is a definite advantage when it comes to dealing with Industry Partners.
Innovation PEI has a strong working relationship with: