FAQ about Film Tax Rebate
The Fiji government welcomes all types of valid investment. The film industry has been given enormous tax benefits due to the exposure this industry gives to Fiji. There is a tax rebate of 47% currently available subject to guide lines.
What is the film tax rebate of 47%
The film tax rebate is an incentive available to film producers to encourage film production in Fiji. This incentive is a rebate of 47% for Fiji qualifying expenditure. What it means is that for every dollar spent on the items approved as rebatable for the production of a film in Fiji, the government will give you back 47 cents.
What are the requirements for film production and assessing the 47% tax rebate
Apply to Film Fiji (govt. agency) for provisional approval to produce a film with a budget and script.
Upon approval from Film Fiji:
Form a company in Fiji
Open a Fiji bank account - out of which all payments (in Fiji and overseas country) will be made
Engage a Fiji licensed audio visual agent
Produce the film
Table production expenses for audit
Table audited accounts to Film Fiji / government to claim the 47% film tax rebate
Please contact our office for all relevant information. We will be glad to assist you.