The objective of the Foreign Film & Television Production and Post-Production Incentive (FFTPPPPI) is to encourage and attract large-budget films and television production work that will contribute towards employment creation, enhancement of international profile, and increase the country’s creative and technical skills base.
Production and Post-Production Benefits:
- 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; and
- 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.
- Conduction post-production in South Africa, the incentive is calculated at 20 % Qualifying South African Post-Production Expenditure (QSAPPE);
- An additional 2,5 % of QSAPPE is provided for spending at least R10 million of post-production budget in South Africa (22,5 % cumulative); and
- 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 1 B-BBEE contributor status service companies; and
- 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.
Post-Production- the QSAPPE must be at least R1,5 million for all qualifying post-production activities:
- The post-production activities must be carried out in South Africa for at least 14 calendar days, this requirement is waived provided that 100 % of the post-production is conducted in South Africa;
- The applicant must have secured at least 80 % of the total budget; and
- The holding company and SPCV must achieve at least Level 3 and Level 4 B-BBEE contributor status respectively, in terms of the B-BBEE Codes of Good Practice.
- The applicant must procure a minimum of 20 % of qualifying goods and services from entities which are 51 % black-owned by South African citizens and have been operating for at least one year;
- The applicant must complete and submit an application not earlier than 45 days prior to the commencement of principal photography ;
- The applicant must demonstrate that they adhere to an industry-specific Code of Professional Standards that includes sexual harassment and health and safety protocols; and
- The principal photography must not commence until an approval letter has been received from the Department of Trade and Industry.
Contact us for more information and financial assistance on the Foreign Film & Television Production and Post-Production Incentive.