Written by Shona Smith on Dec 16, 2020. Posted in Incentive News

Greece launch additional 30% incentive for production

Greece's National Centre of Audiovisual Media and Communication - EKOME have announced the implementation of a 30% tax relief incentive that can be combined with the existing 40% cash rebate scheme.

The 30% tax relief incentive is part of the national scheme to further promote Greece as an attractive and safe destination for audiovisual projects.

A necessary condition for the inclusion in the tax relief program is for the production company to own a Special Bank Account in a Greek credit institution, through which the financial management of the investment plan will be carried out and applications should be made through EKOME. Its objective is to provide a discount upon the taxable revenues of investors wishing to finance audiovisual productions in Greece.

The 30% tax relief incentive can be combined with The 40% cash rebate scheme, through which more than 100 domestic and international audiovisual projects have been financed since 2018, with over EUR 92 million invested funds in Greece and approximately EUR 30 million returned to beneficiaries in Greece and abroad. Recent projects to access the rebate includes Michael Winterbottom's Greed and TV series The Durrells and The Little Drummer Girl. 

Since opening back up to production after Covid restrictions, Ruben Östlund’s Triangle of Sadness, starring Woody Harrelson and Harris Dickinson, and Maggie Gyllenhaal’s The Lost Daughter, adapted from Elena Ferrante’s novel, shot in Greece in Autumn 2020. Large advertising shoots such as Perrier's Heat have filmed in Athens because of the accessibility of the country to international crew and talent.


Related Posts


Not Logged in

You must be logged in to post a comment

    There are no comments