25-35%

25-35%

15%

15%

$250K (tax credit); None (grant)

None

First $1M counts as qualifying spend

50% on principal photography

15% on qualified expenditures including, but not limited to:

• Labor (resident and non-resident)
• Select Fringes
• Workers Comp/Handing Fees
• Equipment
• Post
• Travel (in-state and out-of-state)
• Shipping (in-state only)
• Hotel
• Insurance
• Legal Fees
• Working Meals
• Food/Catering/Entertainment
• Wrap Party/Crew Gifts

Expenses must be paid for in the state of VA.

• 5% tax credit if filming in an economically distressed area.
• 10-20% tax credit on payroll for VA residents.
• 10% tax credit for each first-time film industry employee.

$6.5M (tax credit); $3M (grant)

January 1, 2022

Yes

Yes

Yes

Production must be fully funded with a multi-market distribution contract.

Applications must be approved before start of principal photography.

Must go into pre-production within 90 days of approval.

• Production Facilities
• Post Facilities
• 2 Deep Crew