Subsection 1: Conditions relating to beneficiaries

The beneficiaries of financial aid for the production and preparation of feature films are production companies.

To be eligible for financial assistance for production and preparation, production companies must meet the following conditions:1° Be established in France;2° Have chairmen, directors or managers, as well as the majority of their directors, who are French nationals or equivalent;3° Be established in the form of a commercial company with share capital of at least €45,000 and including a minimum fully paid-up cash share of €22,500, when their registered office…

Notwithstanding the provisions of article 211-2 and 3° of article 211-3, public establishments are eligible for automatic financial assistance only. Their subsidiaries that have the status of production companies are only eligible for automatic financial aid if they meet the conditions of article 211-3.