FDCP FilmPhilippines Opens Application for its Incentives Program
MANILA, PHILIPPINES — Launching its new campaign tagline “Tell your Stories in our Islands,” the Film Development Council of the Philippines’ FilmPhilippines Office officially opens the applications for the first cycle of the FilmPhilippines Incentives (FPI) program this 2023. The call is open to foreign production companies in business with a Filipino production company or producer on an ongoing project.
With the primary goal to promote the Philippines as a highly-viable filming destination, the FDCP FilmPhilippines Office offers location incentives to attract international productions to film in the country.
The Philippines also offers co-production funds to foreign producers who are looking to co-produce their respective projects with Filipino production companies and producers.
Interested filmmakers and production companies may apply to the following incentive programs:
Film Location Incentive Program (FLIP): A selective rebate of up to PHP 10 million per project granted to Filipino production companies that are producing TV/VOD series, music videos, and feature-length or short films with a minimum Qualified Philippine Production Expenditure (QPPE) of PHP 50 million.
International Co-production Fund (ICOF): A selective fund of up to 40% of Qualified Philippine Production Expenditure (QPPE) capped at PHP 10 million per project granted to Filipino production companies who are producing feature-length or short films with a minimum QPPE of PHP 8 million.
ASEAN Co-production Fund (ACOF): A selective fund of PHP 2.5 million to PHP 7.5 million per project granted to Filipino production companies who are producing feature-length films. 50% of the applicant’s production budget must be spent on Qualified Philippine Production Expenditure (QPPE).
The first cycle of the FilmPhilippines Incentives (FPI) Program is open until March 17, 2023 which will be followed by a Selection Committee Deliberation.
Some of the most notable film grantees of the FPI include “Ella Arcangel: Awit ng Pangil at Kuko” by Melvin Malonzo, “Arnold is a Model Student” by Sorayos Prapapan, “In My Mother’s Skin” by Kenneth Dagatan, “The Gospel of the Beast” by Sheron Dayoc, and popular television series “Survivor.”
Through this initiative, the FDCP FilmPhilippines Office aims to provide funding to local and international production companies to foster collaboration between the Philippines and other foreign countries. The incentive program also opens up a lot of opportunities for Filipino talents and service providers to work on international co-productions.
Now in its fourth year, the FilmPhilippines Incentives Cycle 1 of 2023 comes with a new set of guidelines which interested applicants may download here. For inquiries, kindly send an email to [email protected].