NEW JERSEY
EP Services Offered
Administration
Tax Credit Financing
Tax Credit Placement
Eligible Production Types
Animation
Commercials
Documentaries
Feature Films
Game Shows
Pilots
Post Only
Reality Television
Scripted Television
Talk Shows
Video Games
Location Production Needs
Beaches Ocean
City
Deserts
Forests
Lakes Rivers
Mountains
Rural
Snow
Suburban
Tropical
Legislation/
Guidance
| Incentive | 30%-44% Transferable Tax Credit (A) |
| Labor | |
| Resident ATL | 35% |
| Resident BTL | 35% |
| Non-Resident ATL | 35% |
| Non-Resident BTL | 35% |
| Labor Uplifts | 4% NJ Hiring Bonus Uplift: 4% bonus on all qualified expenses if applicants submit an approved hiring plan to satisfy hiring no less than 25% of employees who are residents of an "economically disadvantaged area" |
| Qualified Spend | |
| Spend | 30-35% |
Base credit: 30% on all qualified expenses for goods and services used within a "30-mile radius" of Columbus Circle. 35% credit for qualified goods and services used outside this radius or in the designated southern counties (if production occurs in Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Mercer, or Salem counties). | |
| Spend Uplifts | 4% NJ Hiring Bonus Uplift: 4% bonus on all qualified expenses if applicants submit an approved hiring plan to satisfy hiring no less than 25% of employees who are residents of an "economically disadvantaged area" |
| Minimum/Caps | |
| Minimum Spend | $1M, or 60% of total production expenses must be spent in-state. |
| Project Cap | None |
| Compensation Cap | $750,000 per individual for standard productions, $500,000 per individual for Studio Partners |
| Annual Cap | $400M, with additional $150M allocated for Studio Partners. |
| Application | |
Principal photography must begin within "180 days" of the original application date or "150 days" from the date of approval by NJEDA. Applications are considered on a "first come, first served" basis. | |
| Additional Requirements | |
| Screen Credit | Yes |
| CPA Audit | Yes |
| Loan-Out Registration | Yes |
| Income Tax Withholding | Individual: Not Required Loan-out: 6.37% |
| Sunset Date | June 30, 2039 |
| Carry Forward | 7 Years |
| Additional Information | (A) NJ studio or film-lease production companies earn 40% of qualified wages and salaries and 35% on nonpayroll spend within the 30-mile zone and 40% on nonpayroll spend outside the 30-mile zone. (B) To be eligible to apply for the Studio Partner designation, the applicant must be a production company that has site control of a production facility that is at least 250,000 square feet for at least 10 years (C) Additional Information on Reality TV Reality Shows are eligible provided production has obtained at least a four-episode order from, and is commissioned and scheduled to premiere on, a major linear network or streaming service. |
NJ Motion Picture & Television CommissionJon Crowley, Executive Director 609.960.4847 Jon.Crowley@njeda.gov and njfilm@njeda.gov One Gateway Center 11-43 Raymond Plaza West, Suite 1410, Newark, NJ 07102 | |