Dentons launches ‘Producing in CEE’, a guide to financial and tax incentives for film, television and interactive digital media production

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Budapest, November 18, 2020 – Global law firm Dentons has launched Producing in CEE, the second guide in its series dedicated to film, television and interactive digital media incentive programs.

Central and Eastern Europe (CEE) has become a popular film production destination thanks to its experienced film crews, diverse filming locations in close proximity to each other, and much lower production costs when compared to the US or Western European countries. Over the last decade, Hungary has become the second most popular European filming destination after the United Kingdom.

Producing in CEE provides an overview of cash rebates, tax allowances and other available financial incentives for audiovisual production in the Czech Republic, Hungary, Poland, Romania and Slovakia and the criteria that must be satisfied to qualify for them.

The financial incentive schemes in CEE continue to evolve, as countries vie to make themselves more competitive. Through cash rebates and other financial incentives, governments try to attract regional and international crews to film in their countries. Government-based production grant systems in these countries are eligible for both local and international producers, provided that they work with local partners – acting both as majority and minority co-producers or under a works-for-hire system. Production grants and financial incentives are separate schemes. For example, in Poland and in Hungary, producers can take advantage of both types of support for one project.

To download the ‘Producing in CEE’ guide, go to:
https://www.dentons.com/en/insights/guides-reports-and-whitepapers/2020/november/13/dentons-launches-producing-in-cee

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About Dentons

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