Plans underway to increase Serbia’s film incentive
Film Centre Serbia has unveiled plans to increase the country’s dedicated film incentive, which currently offers a 20% cash rebate to eligible productions. The programme, which has been in operation since 2016, has attracted a total spend of EUR58.5 million from international productions.
Speaking to Film News Europe, Boban Jevtić, Director of Film Centre Serbia explains: “we are currently working on some upgrades, which will soon make the procedure much simpler. We also plan to increase the percentage of tax rebates. We are very pleased with the results so far, all the more since our programme has been in power for just a year and a half. According to our in-house study, every dollar Serbia invests in this programme brings six dollars back. Up to now we have had mostly American and Indian productions, but at this very moment we are hosting the new production of Luc Besson’s new film Anna (with WiP Films servicing).”
By expanding the incentive, Serbia could become a major contender on the global locations market. Since 2016, the country has already attracted a number of high-profile projects such as Michael Noer’s Papillon and the pilot for the upcoming TV series, Krypton.
To qualify for the incentive, a set minimum spend must be met depending on the type of project: EUR300,000 for feature films and tv series, EUR150,000 for animated features and post-production, EUR100,000 for commercials and EUR50,000 for documentaries.
More information about filming in Serbia can be found at FOCUS - the meeting place for international production in December. Click here to register your attendance.
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