CZ / 20% rebate in the Czech Republic
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 59 mil EUR. 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
- Max subsidy per project: 150 mil CZK / approx. 6.3 mil EUR
HOW TO QUALIFY
- Pass a cultural test
- Minimum eligible costs in the Czech Republic:
- CZK 15 million (EUR 588.000) for a feature, animated or TV film
- CZK 2 million (EUR 78.000) for a theatrical documentary
- CZK 8 million (EUR 314.000) per episode of TV serie
- CZK 1 million (EUR 39.000) per episode of animated serie
- We need to provide financial information about the project plus audited statements demonstrating the eligible costs incurred