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Article 211-63 of the French Cinema and Moving Image Code

The following are considered to be preparatory expenses for the production of feature-length cinematographic works:1° Sums paid by production companies in return for options or assignments relating to the literary and artistic property rights of authors, including, where applicable, the authors of the original work;2° Salaries and remuneration of personnel hired for preparatory work;3° Location scouting costs;4° For works belonging to the animation genre:a) Expenditure on the design, development and…

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Article 211-64 of the French Cinema and Moving Image Code

The option for production companies to invest sums entered in their automatic cinema production account to cover preparatory expenses for the production of long-running cinematographic works is limited to two investments per financial year. For a single cinematographic work, the sums invested may not exceed 10% of the estimated cost of that work, up to a limit of €230,000. This limit is raised to €500,000 if the film is an…

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Article 211-65 of the French Cinema and Moving Image Code

The sums invested by the production company to cover preparatory expenses for the production of feature-length cinematographic works are paid in two instalments.The first instalment, which may not exceed €54,000, may be paid on presentation of an option or assignment contract relating to the authors’ literary and artistic property rights.The second instalment may be paid once the film has been registered in the public film and audiovisual register, and on…

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Article 211-66 of the French Cinema and Moving Image Code

Without prejudice to the provisions relating to investment and direct allocation, production companies that have an automatic audiovisual production account have the option of investing the sums entered in this account for the preparation of the production of feature-length cinematographic works belonging to the animation genre. This option may only be exercised if the following conditions are met: 1° At least 50% of the cost of the preparatory work is…

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Article 211-67 of the French Cinema and Moving Image Code

When production companies have an automatic cinema production account, they must either have exhausted their investment possibilities under this account, or have less than €800,000 in the account. In the latter case, production companies must invest the entire amount available in the account.

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Article 211-69 of the French Cinema and Moving Image Code

The investment is subject to the issue of a specific investment authorisation, taking into account the sums available on the automatic cinema production account of production companies that are subsidiaries of the production company applying for the investment or on the automatic cinema production account of production companies whose partners or majority shareholders are common to that company. In the event that an initial investment is requested in application of…

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Article 211-71 of the French Cinema and Moving Image Code

For a single cinematographic work:1° The amount invested by the production company under the automatic audiovisual production account may not exceed €500,000;2° The total amount invested by the production company under the automatic audiovisual production account and under the automatic film production account may not exceed €800,000;3° The combined amount invested by the production company under the automatic audiovisual production account and under the automatic film production account, and direct…

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