The Asian Film Awards are presented annually by the Asian Film Awards Academy (AFAA), a non-profit organization founded by Busan, Hong Kong and Tokyo International Film Festivals with the shared goal of celebrating excellence in Asian cinema.

Inaugurated in 2007, the Asian Film Awards recognises outstanding productions and contributions in Asian Cinema through awards including Best Film, Best Director, Best Actor and Best Actress etc. Members, who were drawn from past nominees and winners, vote for the annual Awards and participate in various AFAA activities bridging film professionals and audiences in Asia and around the world.

Aiming to promote and recognise Asian films and its talents, the AFAA highlights, strengthens and develops Asian film industry through the annual Asian Film Awards and various year-round initiatives.