20% tax rebate

CZECH REPUBLIC – 20% TAX REBATE SUBSIDIES

From 2017, important legislative changes were approved by the government aimining to increase public funding and to make to make the Fund a more stable and efficient institution. With a guaranteed state subsidy, the FUnd now operates with annual budget of approximately EUR 44 million. The new legislation also introduces a more flexible process of allocating film incentives, with a stable amount earmarked for this rebate for the upcoming years.

WHAT’S NEW IN THE APPLICATION PROCESS

  • registration possible at any time of the year
  • Allocation of rebates possible at any time of the year, but no sooner than 3 months before the start of the filming in the Czech Republic and no later than the first day of shooting in the Czech Republic.
  • Service agreement sufficient

WHAT IS SUPPORTED

  • Feature, animation and documentary films (runtime of at least 70 minutes)
  • Scripted television – films (runtime of at least 70 minutes) and episodic TV (runtime of at least 30 minutes per episode)
  • Animated TV series of at least 13 episodes (runtime of at least 4 minutes per episode)

HOW MUCH WE CAN GET

  • 20% rebate on qualifying Czech costs
  • 66% on withholding tax paid in the Czech Republic
  • Maximum eligible costs set at 80% of the total budget
  • Incentive paid as cash rebate, two payments of rebate possible
  • No cap on per-project grant
  • Budget of CZK 2.4 billion (EUR 88 million) for 2016 – 2018

HOW TO QUALIFY

  • Pass a cultural test
  • Minimum eligible costs in the Czech Republic:
  • CZK 15 million (EUR 555.000) for a feature, animated or TV film
  • CZK 2 million (EUR 74.000) for a theatrical documentary
  • CZK 8 million (EUR 295.000) for a TV episode
  • CZK 10 million (EUR 370.000) for animated TV series
  • We need to provide financial information about the project plus audited statements demonstrating the eligible costs incurred

MORE INFORMATION

http://www.filmcommission.cz/incentives