How to Get Apulia International Film Fund

Apulia International Film Fund

Apulia International Film Fund is the new fund of Apulia Film Commission, enacted by AFC’s board on 14th March 2012. The Fund is directet to financial support in the form of a free grant to cover the costs of production for European and non-European audiovisual, film and TV production companies presenting projects for full-length fiction films, TV films and TV series.

Funding is available for European and non-European audiovisual, film and TV productions with an executive Italian production company or with a minority Italian co-production company.

The total endowment of the new fund for 2012 is €500,000 and each applying film project may receive a maximum grant of €200,000. The amount of allowable grant, also when added to other forms of funding (including tax credit and tax shelter), may not exceed 50% of total production costs.

The Apulia International Film Fund will reimburse 15% of the production costs incurred in Apulia, thus allowing non-Italian producers to obtain a further 25% tax credit provided for by Italian law. In addition, production companies will enjoy a VAT-free status following international legislation which excludes VAT for agreements between Italian executive producers and foreign producers.
As a result, a total saving of 61% is available for non-Italian production companies filming in Apulia.

Projects are accepted from companies in possession of a distribution contract (full length films) and / or broadcasting contract (TV films and series) from the country of origin of the majority production company.

The Apulia International Film Fund is accumulable with the Hospitality Fund also offered by the Apulia Film Commission.

Bari, 16th May 2012