Japan’s Visual Industry Promotion Organization (VIPO) and Japan Film Commission have announced details of a new incentives program for offshore film and TV productions shooting in the country.
The new scheme, which is under the jurisdiction of Japan’s Ministry of Economy, Trade and Industry (METI), will fund up to one half of the qualifying Japanese spend of international productions, with a JPY1BN ($6.8M) cap.
Eligible productions include “large-scale overseas TV and film projects shot on location in Japan”. The amount of funding per production will be decided by a committee after “consideration of the application content and number of applicants”.
Qualifying spend includes direct expenses related to film production in Japan, including payments to Japanese corporations, individuals, local governments and public organizations.
Read more on deadline.com
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