The South African government offers a package of attractive Film Incentive to promote the local film and television production and post production industries. This is in recognition of the valuable contribution these industries have made to the national economy. A variety of film and TV incentives are available to both local and foreign production houses. Through these programmes, the government aims to give the industry a boost and enrich South Africa’s reputation as a film-friendly destination.
Foreign Film and Television Production and Post-Production Incentive (Foreign Film):
- 25% incentive of Qualifying South African Production Expenditure (QSAPE) for those shooting on location in South Africa (capped at R50 million).
- Additional 5% incentive of QSAPE for those shooting and conducting post-production in South Africa, and using the services of a black-owned service company.
SA Film & TV Production and Co-production (SA Film):
35% rebate on Qualifying South African Production Expenditure (QSAPE).
Additional 5% for productions hiring at least 30% of black South African citizens as HODs and procuring at least 30% of QSAPE from 51% South African black-owned entities. Capped at R50 million per project.
South African Film and Television Production Incentive (SA Film):
- 35% rebate on Qualifying South African Production Expenditure (QSAPE).
- Additional 5% for productions hiring at least 30% of black South African citizens as HODs and procuring at least 30% of QSAPE from 51% South African black-owned entities. Capped at R50 million per project.
The South African Emerging Black Filmmakers Incentive (SA Emerging Black Film):
- 50% rebate on Qualifying South African Production Expenditure (QSAPE).
- The costs for the purchase of key production equipment may qualify once-off, to a maximum cost-sharing incentive of R2 million.
Incentive packages are available through the Department of Trade and Industry. These film incentives have multifaceted benefits, including:
- Boosting local job creation;
- Enhancing creative and technical skills;
- Promoting South Africa internationally as a desirable film location.
The Film Incentive is aimed at strengthening and promoting the country’s film and television industry as well as contributing towards the creation of employment opportunities in South Africa including:
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Foreign Film and Television Production and Post-Production Incentive;
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SA Film & TV Production and Co-production;
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South African film and television production incentive;
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The South African Emerging Black Filmmakers Incentive.
Should you be interested in applying for the business grant, Dream Team Capital can assist you. Contact us today for professional assistance in streamlining your application for the Film Incentive.
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