Guangdong Province issued 28 policies to support and promote the development of the province's film industry

The reporter learned from the recently held symposium on film work in Guangdong Province that eight departments including the Provincial Department of Finance and the Provincial Press, Publication, Radio, Film and Television Bureau have issued relevant "Notices", covering 28 specific policies from six aspects and vigorously promoting the development of Guangdong's film industry.

The reporter learned from the recently held symposium on film work in Guangdong Province that eight departments including the Provincial Department of Finance and the Provincial Press, Publication, Radio, Film and Television Bureau issued the "Notice on Certain Economic Policies to Support the Development of Film in Guangdong Province"(hereinafter referred to as the "Notice"). The "Notice" includes six aspects: increasing support for the development of the film industry, strengthening the training of film professional talent teams, implementing preferential tax policies for the film industry, implementing financial support policies for the film industry, implementing differentiated land use policies for theater construction, and ensuring the organization and implementation of film development policies. In terms of, 28 specific policies have been issued to vigorously promote the development of Guangdong's film industry.

The "Notice" shows that our province will increase support for film development, and the provincial finance department will set up funds to support the development of the film industry. Support the creation and production of theme films, and focus on supporting the production of 3 to 5 theme films that embody the "China Dream" and core socialist values every year. Encourage the production of excellent film works, and give one-time rewards to films whose film and television cultural institutions in our province are the first producers and whose box office exceeds 100 million yuan on the first day or have won domestic and foreign awards after being released. The policy also supports the application of high-tech films and the construction of film industry parks and shooting bases. One-time rewards will be given to film feature films and animations that are produced in high-tech (3D, giant screen) formats and have box office of more than 100 million yuan after release. Film industry parks and film and television shooting bases that have successfully established national-level cultural industry demonstration bases and meet the supporting conditions. Promote the construction of multi-hall digital cinemas in counties and towns across the province, and increase support for the construction of digital cinemas in the former Central Soviet Area counties and ethnic minority counties. In addition, to promote Guangdong films to "go global", film production companies in the province will provide appropriate subsidies on the best for films distributed overseas and obtained public release licenses. Promote and strengthen exchanges in film work, and encourage and support industry associations to organize film companies in our province to participate in national film industry exhibitions or internationally renowned film exhibitions.

Talent is the key to industrial development. In order to cultivate outstanding film talents, our province will implement the "Young Crops Plan" for film talents and arrange funds every year to cultivate young screenwriters, directors, actors, producers and other professional film talents. Support the creation of film screenwriters. If the original main theme movie scripts written by screenwriters in Guangdong have been registered and filmed and released in the province and have box office exceeding 10 million yuan, one-time rewards will be arranged by the supporting film development funds. Cultivate local film directors, and provide a certain proportion of subvention from the supporting film development funds to directors registered in the province for the first time to independently conduct film shooting and production. After their projects are evaluated and identified by the expert group and released in theaters. Accelerate the introduction of outstanding film talents, implement film talent introduction policies, focus on introducing outstanding film talents such as screenwriters, directors, publicity teams, and post-production teams, and encourage high-level overseas students from the film industry to start businesses in Guangdong.

Preferential policies in taxation and finance are also a big plus. Implement the value-added tax exemption policy, and the income from sales of film copies, transfer of film copyright, film distribution income and film screening obtained in rural areas obtained by film group companies, film studios and other film companies engaged in film production, distribution and screening will be exempted from value-added tax from January 1, 2014 to December 31, 2018. For urban film screening services provided by ordinary taxpayers, they can choose to calculate and pay value-added tax according to the simple tax calculation method in accordance with current policies and regulations. Implement the corporate income tax exemption policy. For film companies engaged in fields such as supporting technology for the cultural industry and recognized as high-tech enterprises according to regulations, corporate income tax will be levied at a reduced rate of 15% from January 1, 2014 to December 31, 2018; Research and development expenses incurred in developing new technologies, new products, and new processes are allowed to be deducted when calculating taxable income in accordance with the provisions of tax laws and regulations. Innovate the financial service model of the film industry, support direct financing of film companies, and explore the establishment of an investment model for the film industry. In addition, the differentiated land supply policy for cinema construction will also be further implemented. The land for the construction of new single cinemas can be publicly sold. Our province will explore commercial service facility projects to build cinemas, support the renovation or expansion of existing cinemas, encourage the use of existing construction land to build cinemas, and encourage public welfare venues to build screening facilities.

Editor: vian