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HOW MUCH IS THE BENEFIT WORTH?
Projects can derive a benefit of up to 30% of their qualifying expenditure.
IS THERE A CAP ON THE AMOUNT THAT CAN BE RAISED?
Yes, there is a ceiling of 10 Millions Dirhams on qualifying local expenditure per project.
WHAT TYPE OF PROJECTS QUALIFY?
The Rebate applies to all.
WHAT CONSTITUTES QUALIFYING EXPENDITURE?
The benefit is based on the cost of Moroccan cast and crew working in Morocco, as well as goods and services purchased in Morocco.
HOW IT WORKS FROM THE FOREIGN PRODUCER’S POINT OF VIEW?
The foreign producer must team up with a local Moroccan production service provider. The Moroccan company applies to the Morrocan Audiovisual Centre (CCM) for a provisional certificate before the start of production, and for a final certificate upon completion of the production in Morocco . The Moroccan partner is responsible for compliance with prescribed formal requirements. The Moroccan partner provides the full range of production services including locations scouting, scheduling, budgeting, casting, crewing and takes full responsibility for all production services carried out in the State throughout the life-span of the production.
WHEN IS IT PAID?
The net benefit will be made available on completion of production, audit of the final cost statement and evidence that all the requirements have been met.IS THERE A CULTURAL TEST A PROJECT MUST PASS OR SOME OTHER CRITERIA IT MUST MEET?
Yes. The Moroccan cultural test comprises two categories: ‘cultural content’ and ‘production’.
Source: Centre Cinematographique Marocain.
>>> More info: Official CCM page
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