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Question about foreign productions; managing contracts and payments

Jason Kitter

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Hi everyone,

I know this is a forum for RED users and cameras.. but It has been 1 week I search for this answers and found.. Nada!

So sorry! in advance and please bear with me for a few moments.. My questions are regarding how do you guys manage the contracts and payments when it comes to a foreign production company willing to film in your country?
For example; a US production company (company A) have a 4 days shooting of a short film in Paris. A small local French production company (company B) will execute the production; gives a quote and estimates the costs/budget based on the script.. So how is this done; what is the workflow used?


What is included in a contract and by which country law it is bound to? (any links to example contracts/agreements?)


How is the payment done? since the two companies live in different countries with different laws, should the "company A" pays the whole budget to "company B" before the shooting?


If the payment is to be made in steps (three parts; one before shooting, one during the shooting and the last after finishing) how "company B" secures and can be sure that they will be paid afterwards... Knowing also that international bank transfers takes some weeks depending on countries…


A bit off topic but good to know; in similar situations is it enough for "company B" to have a UPM or there should be a line producer to be the link between "company A" producer (or person in charge of the project) and "company B"?



Sorry for the long message. I really appreciate your help and any ideas.


Thanks
 
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