Film Production Financing Scheme (Relaxation Plan)

Objective:

In view of the COVID-19, which has brought exceptional challenges to the Hong Kong film industry, the Government has decided to launch a time-limited Relaxation Plan under Financing Scheme to provide immediate relief to the Industry.

Under the Relaxation Plan, the Government will increase provide the maximum financing amount, i.e. 40 per cent of the approved production budget, with a cap of $9 million; investors will be granted priority to recover half of their investment, and disbursement will also be made earlier.  

Submission Criteria:

• The Applicant must be a film production company which is (i) a Hong Kong company formed and registered under the Companies Ordinance (Cap. 622) or the predecessor Ordinance (as defined in section 2 of Cap. 622); or (ii) a registered non-Hong Kong company (as defined in section 2 of Cap. 622). The Applicant, the Producer and/or the Film Director must have produced at least two (2) Released Films immediately preceding the date of the Application.

•    The film project is a narrative feature-length film (animation not included) produced for theatrical release at least in HK.
•    Budget must not exceed HK$25 million
•    Length must be eighty minutes or above
•    Minimum of 80% of expenditures must be expended in Hong Kong. 

Application deadline: 14 July 2022