There is a strong financial incentive for Greek and foreign investors to choose Greece for the production of their audiovisual works.
Significant cash rebates are given for investments in the production of films, television series, documentaries, animation and digital games in Greece.
“Cash rebate” & “Tax relief” are the two types of subsidies that can be used either independently as investment incentives tools or can act complementary and offer up to 50% in total for the production of audiovisual works such as movies, TV series, documentaries, cartoons and digital games.
1. Cash rebate program
40% subsidy on eligible costs through cash back for the production of audiovisual works in Greece such as movies, TV series, documentaries, cartoons and digital games.
It is a strong financial incentive for Greek and foreign investors to choose Greece for the production of their audiovisual works.
Minimum investment amounts per type of audiovisual production
Payment of aid
The aid is carried out in a one payment no later than six months after the completion of production and / or post-production operations, provided that all the requirements of the legislation have been met.
2. Tax relief program
The implementation of the legal framework for tax relief that enables persons (natural or legal) who finance audiovisual works to have tax exemptions of 30% on the total cost of production.
Beneficiaries of of both types of aid
Eligible costs are these costs that are incurred in Greece and do not exceed 80% of the total production cost of the audiovisual project (eligible costs production).
For further information please contact VK PREMIUM Business Consultants at : firstname.lastname@example.org or call us : + 30 210 6835560
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