American Film Market 2010

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South Africa’s Department of Trade and Industry has doubled the cap on its two rebates to R20 million ($2.87 million).

The Foreign Film and Television Production Incentive is available to foreign productions with qualifying South African spend of R12 million ($1.7 million). This provides a 15% rebate of the qualifying spend.

The South African Film and Television Production and Co-Production Incentive refunds 35% for the first R6 million ($865,000) and 25% for the remainder of the spend for local productions and official treaty co-productions with qualifying South African spend of R2.5 million ($360,000).

There’s no need to cashflow this as the incentive pays out at key milestones. It’s available for television films and series, as well as features, documentaries and animation. To qualify, 50% of principal photography must take place in South Africa.

The increased incentive will help offset the current strength of the rand.

Cape Town Film Commission
Web: capefilmcommission.co.za andgautengfilm.co.za

Durban Film Office
Web: durbanfilmoffice.com

Eastern Cape Film Office
Web: ecfo.co.za

National Film and Video Foundation
Web: nfvf.co.za

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