Written by Shona Smith on Oct 15, 2019. Posted in Incentive News

Slovakia will increase cash rebate to 33% in 2020

From 1 January 2020, Slovakia will provide a 33% cash rebate.

The change to the incentive will raise support from 20% to put the country in a more competitive position with neighbours including Hungary and Poland who each offer 30%. Elsewhere in the region, the Czech Republic continues to provide a 20% rebate, and Romania launched a 35 – 45% rebate in 2018.

To access the cash rebate, there are minimum spend requirements, but there is no cap on eligible costs. International TV features of series, as well as feature film slates of up to three projects must meet a minimum EUR300,000 spend. Individual feature films, documentary films and animated films will need to meet the EUR150,000 spend within a period of three years.

Approved projects will receive a registration certificate once registered, for a EUR1000 fee, and passed the cultural test. Local service or production partners will receive the cash rebate once all eligible costs are paid, the final balance sheet and audit reports are delivered.

In 2018, a dedicated film commission was launched headed up by Zuzana Bielikova, who has more than fifteen years of production experience. Part of the EUFCN, the Slovak Film Commission works towards creating a stable and welcoming film environment that is able to compete with other countries.

In addition to a healthy commercial and documentary sector, major projects have also shot int he country, taking advantage of its dramatic scenery. Red Sparrow, Netflix’s Marco Polo and Amazon’s Hanna (pictured) have all worked in the country.

Slovak Film Commission will be exhibiting at FOCUS the meeting place for international production in London on the 3rd & 4th of December. Click here to receive your free delegate badge.

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