More support in igniting creativity
The FLIP is a groundbreaking initiative that empowers filmmakers with financial support to turn their visions into reality.
Qualified Filipino production companies, acting as the lead or animation/post-production studios, are eligible for a 20 percent cash rebate, capped at P25 million (approx. USD 450,000), based on the project's Qualified Philippine Production Expenditure (QPPE). Projects that pass the cultural merit test can receive an additional 5 percent bonus, elevating their cash rebate to an enticing 25 percent, capped at P30 million (approx. USD 540,000).
Eligible projects include:
Feature-length films (+70 min) or short films (-40 min) of feature, animated, or documentary films
TV and/or VOD content (animation, documentary, reality shows, series, or unit)
Web content (series or unit), virtual reality content
The project will be wholly or partly made in the Philippines, be it production (studio, location shootings), animation work, post-production (visual effect, 3D conversion, editing, music and scoring, sound design, editing and mixing, voice overs, color grading, etc.)
The project must spend at least the following amount:
P20 million (approx. up to USD 360,000) for feature and animated films
P8 million (approx. up to USD 144,000) for documentary
P3 million (approx. up to USD 50,000) for short films
P3 million (approx. up to USD 50,000) per episode for series; min. of 8 episodes
Project that will begin its principal photography, animation, or post-production in the Philippines within six (6) months from selection
Project that will submit final verification within two (2) years (three [3] years for animation) from the selection and signing of the MOA
Eligible content includes any genre, except for pornography and does not contain issues that are insulting, offensive, and/or portraying the Philippines in a negative light or does not promote violence or pose any threat to national security.