433369666-The-Case-for-Investing-in-South-Africa

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Incentive programme
Black Industrialists Scheme (BIS)
Business Process Services (BPS)
Film and television production
Description
Aims to accelerate the economic participation of black industrialists in
South Africa. A cash grant, amounting to 20% to 30% of qualifying costs
but limited to ZAR50-million, is offered to 51% black-owned, -managed
and -controlled businesses to invest in greenfield and brownfield
manufacturing projects.
The BPS incentive aims to attract investment and generate employment
in South Africa by offshoring business services, targeting business
processing and outsourcing BPO projects that create at least 50 new jobs
in South Africa. The incentive is granted per offshore job created and is
granted over a period of five years.
A package of incentives is available to promote film production and postproduction
activities in South Africa:
• Foreign Film and Television Production Incentive: 20% of qualifying
South African production expenditure (QSAPE);
• South African Film and Television Production and Co-Production
Incentive: 35% of the first ZAR6-million of QSAPE and 25% of the
excess; and
• South African Emerging Black Filmmakers Incentive: 50% of the first
ZAR6-million of QSAPE and 25% of the excess.
Source: Deloitte South Africa Taxation and Investment 2017