The film sector in Ghana has been given a boost by the country’s government, as President Nana Akufo-Addo announced plans to introduce a new tax rebate system for film productions. The new law includes a 20% tax rebate for strategic film productions and film financing reliefs such as exemptions on import duties for film production equipment. The proposed incentives also include an exemption on port taxes and other cash levies, usually required upfront. These incentives are also available to local corporate entities that financially back the sector.
During his State of the Nation address in the parliament of Ghana, President Akufo-Addo stated that his government is committed to supporting the production of world-class content and films and increasing cinema infrastructure in Ghana and beyond. He added that this incentive “should provide another tangible reason for Ghana to be the choice country for film production.”
Over the past three years, the National Film Authority of Ghana, led by Juliet Yaa Asantewa Asante, has launched a series of initiatives to position Ghana as a leading film hub on the continent. The Authority’s “Shoot in Ghana” campaign has drawn in international productions like the NFL Super Bowl spot Born to Play. The ad was produced by TD Afrique Films (Beasts of No Nation), Danny Damah and Tony Tagoe’s production company.
Juliet Yaa Asantewa Asante, CEO of the National Film Authority, commented on the President’s announcement, saying that “the forthcoming tax incentive policy, as articulated by the President, stands poised to fortify Ghana’s position within the global film ecosystem, amplifying its attractiveness to filmmakers and solidifying its status as a cinematic powerhouse on the international stage.”
