Ghana‘s fast-developing film sector has received a significant vote of confidence from the country’s government as President Nana Akufo-Addo sets plans to introduce a new tax rebate system for film productions.
Under the proposed law, the government will provide a 20% tax rebate for key film projects and offer various financial reliefs, such as import duty exemptions for film production equipment.
Additionally,corporate entities supporting the film sector locally can also benefit from these incentives. The government aims to support the creation of high-quality content, enhance film infrastructure in Ghana, and contribute to the growth of the industry on the continent through the National Film Authority.
Speaking at the State of the Nation address in the parliament of Ghana, President Akufo-Addo said that his “government, through the National Film Authority, is committed to supporting the production of world-class content and films, as well as increasing the cinema infrastructure in Ghana and by extension, on the continent.”
Akuffo Addo added that the incentive “should provide another tangible reason for Ghana to be the choice country for film production.”
Over the past three years, under the leadership of Juliet Yaa Asantewa Asante, the National Film Authority of Ghana has launched a series of ambitious initiatives aimed at positioning Ghana as a leading film hub on the continent. The Authority’s “Shoot in Ghana” campaign garnered considerable attention and drew in international productions like the NFL Super Bowl spot Born to Play. The ad was produced by Danny Damah and Tony Tagoe’s production company, TD Afrique Films (Beasts of No Nation).
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