Busan: Jordan Increases Tax Incentive to 25%

  • Variety
Jordan’s Royal Film Commission has raised the upper limit of the cash rebate on eligible productions filming in the Kingdom to 25%, from the current 20%. The agency made the announcement on Sunday at the Busan International Film Festival’s Asian Film Market on Sunday.

Legendary Entertainment’s ‘Dune’ is one of the first Hollywood productions taking advantage of the revised incentive. The incentive also extends to the streaming companies.

The rebate scheme now ranges from 10-25% on all qualified expenses incurred within Jordan on film, television, web series and radio production, commercials, photography, electronic games and animation. The expenses should not exceed 75% of the production’s overall value.

The scheme requires a minimum spend of $1 million. The maximum rebate granted to a foreign production has now been lifted to $2 million, and is provided to a production services company registered in Jordan. To qualify, the production must employ at least 50 Jordanian crew members and train 20 interns.
See full article at Variety »

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