CASH REBATE – 35%
The implementation of the cash rebate system for the production of audiovisual works in Greece is a decisive step towards attracting film, television, documentary, animation producers and digital games developing companies to invest in the Greek creative sector.
The Greek cash rebate amounts to 35% on the eligible expenses incurred in Greece for all beneficiaries. Producers will have access to state aid once they pass the cultural test and spend at least €100,000 in the case of feature films or documentaries and €60,000 in the case of digital games in eligible expenses in Greece. Moreover, the updated legislation provides a more flexible floor for television series, starting at €30,000 per episode, with a minimum of all eligible expenses at €100,000, while projects are financed without a cap. The cash rebate will be available to producers no later than six months after the completion of production, provided that all prerequisites of the law have been met.
The cash rebate for the audiovisual industry in Greece is administered by the National Centre of Audiovisual Media & Communication (EKOME S.A. www.ekome.media).
WHO IS ELIGIBLE FOR THE CASH REBATE?
Eligible to apply for cash rebate in Greece are undertakings which are established or have a branch in the Greek territory and operate in order to produce audiovisual works, foreign producers of audiovisual works who are contracted with an undertaking established or having a branch in Greek territory and operating for the purpose of producing audiovisual works and undertakings for the production of audiovisual works in the context of cross-border production.
Greece has the most film-friendly climate for all kind of productions.
Sunshine most of the time during winter and fall period, low annual
rainfall, a mild climate and four distinct seasons. When it comes to
working with the Greek light it allows eight – hour shooting days in
the winter and twelve hours in the summer.
From traditional picturesque villages all around Greece to
mountainous hinterland and from the 6.000 islands and the amazing
beaches to greenfull forests and snow-capped mountains. Greece is a
natural stage set for all kind of audio-visual productions and can
provide a vast range of landscapes, amazing beaches, and sterile
expanses, even volcanoes and canyons. Greece is definitely an infinity
choice for location managers, and they will surely find what they are