National Film Authority Announces Tax Incentive Policy – Highlights From Stakeholder Workshop

On Wednesday, July 26th, 2023, the National Film Authority orchestrated a significant event by bringing together industry stakeholders at the Alisa Hotel. This gathering served as a platform for engagement and capacity-building through a workshop.

The occasion drew a diverse audience of influential figures spanning different generations, all of whom have played crucial roles in Ghana’s film industry. The attendees included prominent individuals representing various guilds and associations within the sector.

During her opening address, Ms Juliet Yaa Asantewa Asante, the Executive Secretary of the National Film Authority, reiterated the organization’s unwavering dedication to fostering a conducive environment for filmmakers. She also shed light on the assortment of projects that the authority has undertaken since its inception in 2019. These initiatives have been pivotal in sustaining the film industry, particularly in terms of enhancing investor confidence and attracting investments.

The workshop’s agenda encompassed a thorough review and discussion of the draft of the Legislative Instrument (LI). This document serves as the foundational legal framework for the Film Development and Classification of Film Act, 2016 (Act 935).

The deliberations during the workshop yielded valuable insights from the participants. These insights will play a pivotal role in refining the legislative instrument before it undergoes presentation to the parliament for thorough consideration.

Furthermore, the National Film Authority revealed a forthcoming Tax Incentive Policy aimed at invigorating the film industry. Anticipated to be enacted by year’s end, this policy holds the potential to spur the sector’s growth by attracting increased investments and fostering local production endeavours.