Philippines International Co-production Fund (ICOF)


Type of incentiveFilm Fund
Qualifying formats
  • - Feature film - fiction (theatrical)
  • - Feature film - documentary (theatrical)
  • - Post production/special effects for film & tv (fiction)
  • - Post production/special effects for film & tv (non-fiction)
Qualifying productions
  • - Co-productions


Benefit as a % of spend0.00
Financial cap per production10
Do I have to register/set up a company?No
Does foreign cast/crew paid in their home country/region qualify as expenditure? No
Do foreign cast/crew have to pay tax in the host country/state/region? No
Does travel to/from country/region qualify as expenditure? Yes
Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive? No
Criteria to access the benefit
  • - Minimum percentage of the film that must be shot in the region: 0.00%
  • - Minimum spend 5 (in local currency)
  • - TV Broadcast or theatrical distribution contract required
When will the benefit/incentive be received?
    Additional incentives or advantages
    • - Rece tour assistance, location finding service
    • - • Successful applicants can receive a fund up to ten (10) Million PHP (approx. 198 000$). Applicant projects are evaluated on the following: •Degree to which the work promotes the Philippine culture & territory and contributes to the Philippine film industry. • Degree to which the Filipino producer participates in the creative production of the work. • The global quality of the project. • The financial strength and stability of the project. • The international distribution potential through festival, theatrical release and platform in order to reach international audiences.