North Carolina Commercial Production Incentives

Questions about the North Carolina Incentive Program?
Type of Incentive | Grant |
Incentive Amount | 25% |
Residency | Both residents and non-residents can qualify |
Minimum Spend | $250,000 |
Production Cap | $250,000 |
Salary Cap | $1,000,000 per hire |
Annual Cap | $31,000,000 per year. Program no longer has a sunset date |
Application Timeline | Productions must file prior to production, subject to committee approval (Approximately 4 weeks) |
Loan-Out Registration | No |
Loan-Out Withholding | 4% |
CPA Audit | Yes |