What is the Foreign Film and Television Production and Post-Production Incentive (Foreign Film)?
The Foreign Film and Television Production and Post-Production Incentive provides an incentive of twenty-five percent (25%) of the Qualifying South African Production Expenditure (QSAPE). The Foreign Film and Television Production and Post-Production Incentive provides an incentive of twenty percent (20%) of the Qualifying South African Post-Production Expenditure (QSAPPE) of at least R1.5 million. An additional incentive of 2.5% of QSAPPE is provided for spending at least R10 million of the post-production budget in South Africa; or an additional incentive of five percent (5%) of QSAPPE is provided for spending at least R15 million of the post-production budget in South Africa. The incentive programme offers a reimbursable grant to the maximum of R50 million per qualifying project.
Objectives:
To encourage and attract large-budget films and television productions and post-production work that will contribute towards employment creation, enhancement of international profile, and increase the country’s creative and technical skills base.
Benefits:
Production and post-production
- Shooting on location in South Africa, the incentive will be calculated at 25% of Qualifying South African Production Expenditure (QSAPE), with a cap of R50 million.
- An additional incentive of 5% of QSAPE is provided for productions shooting and conducting post-production in South Africa, and utilising the services of a black-owned service company.
Post-production
- Conduction post-production in South Africa, the incentive is calculated at 20% QSAPPE
- An additional 2.5% of Qualifying South African Post-Production Expenditure (QSAPPE) is provided for spending at least R10 million of post-production budget in South Africa (22.5% cumulative).
- Foreign post-production with QSAPPE of R15 million and above, the incentive is calculated at 25% of the QSAPPE.
Eligibility criteria:
Foreign-owned and South African qualifying post-production work with the QSAPE and must be:
- A minimum of R15 million for all qualifying production formats.
- A minimum of R12 million for level one (1) B-BBEE contributor status service companies.
- At least 21 calendar days and 50% of principal photography must be filmed in South Africa; for productions with a minimum QSAPE of R100 million, this requirement may be waived.
