South African Film and Television Production Incentive

What is the South African Film and Television Production Incentive?

This program aims to develop the film industry and attract film producers to the country. The grant is calculated as a percentage of the local production expenses and varies between 25%  and 35% for SA Film and Television Productions expenditure from R2,5m and to Foreign-owned Productions with SA production expenditure from R12m. The South African Film and Television Production Incentive is capped at R20m for South African productions and is uncapped for foreign owned productions, set at a minimum 20% of qualifying South African production expenditure.

South African Film and Television Production Incentive

The Incentive provides an incentive of thirty-five percent (35%) of Qualifying South African Production Expenditure (QSAPE). 

  • An  additional  five  percent  (5%)  of  QSAPE  is  provided  for  productions  hiring  at  least  thirty percent (30%) of Black South African citizens as head of departments (HODs) and procuring at least thirty percent (30%) of the QSAPE from fifty-one percent (51%) South African black-owned entities which have been operating for at least a period of one (1) year;

The  incentive  programme  offers  a  reimbursable  grant  to  the  maximum  of  R50  million  per qualifying project.

Incentive Disbursement

The incentive is disbursed either upon completion of production or in milestone payments.

The  applicant  wishing  to  make  use  of  the  milestone  payment  method  must  acquire  a completion bond. The following will apply:

• seventy  percent  (70%)  of  the  cost  of  the  completion  bond  will  be  subsidised  for productions between R1.5 million and R6 million;

• fifty percent (50%) of the cost of the completion bond will be subsidised for productions between R6 million and R10 million; 

• productions over R10 million are required by financiers to have a completion bond in place and therefore no additional subsidy will be granted.