Projects include e-commerce, films, TV, vid, software, audio
Fiji has jumped on the production incentive bandwagon with a plan that includes a 150% tax deduction on Fiji-content productions and a 125% deduction for other projects shot on location in Fiji.A film company may apply to the Fiji AudioVisual Commission for reduced tax or full exemption for employees. In addition, if a producer holds the copyright to a Fiji-produced project in addition to providing financing, income derived from it is tax exempt until the producer has received a 60 % return on money expended. That amount is reduced to 50% on projects that do not contain Fijian content. Among the projects that qualify are films, television, video, audio, computer software and e-commerce. The FAVC also plans to establish a local audiovisual school in order to develop and amplify its skill base as well as its physical and technical resources. Fiji is also developing a Studio City, a commercial development located on Fiji’s main island of Viti Levu. Plans include studio and office complexes, backlots, hotel facilities, residential housing and support services.
Follow @Variety on Twitter for breaking news, reviews and more