The Greek government has created a new 30% tax credit which it will be possible to combine with the country’s existing cash rebate, which has been increased to 35% from 25%, in what is an ambitious move to attract international production to the country.
Qualifying international and local film and TV projects will be able to access both immediately, as long as the amount they receive does not exceed 50% of each project’s total production spend.
Additionally, the rebate is no longer capped at €5m per project.
It is though to be the first time productions can access a tax credit and a cash rebate on the same spend at national level anywhere in the world.
See more at Screen Daily.
Georgia Insider is now open.
Georgia Insider is a private community for the executives, founders, creators and leaders shaping Georgia’s creative and innovation economy. Subscribers receive Insiders PLUS, access to community conversations, event opportunities and original content, with deeper access available through Executive Membership.
Start your journey today.
Staying Connected with Georgia Entertainment.
Follow us on LinkedIn or Instagram. Subscribe to our newsletter.
Are you available to speak on panels, share at our events or contribute thought leadership via commentary or perspective? Contact us with your thoughts and ideas.
Indie Spotlight Signup
Sign up for our monthly newsletter highlighting independent creators based in Georgia.
