“Madonnas”, directed by The Callas is in pre production
Learn about the incentives: the Cash Rebate
Since September 2018 (Law 4563/2018) until recently, the rebate amounted to 35% on the eligible expenses incurred in Greece. The updated legislation (Law 4704/2020) raises the cash rebate to 40%, provides a more flexible floor for TV series (€15,000-€25,000 per episode), a new minimum for digital games (€30,000), and includes documentaries (€60,000), short films with a minimum of €60,000. The maximum amount of cash rebate an investment plan can receive is €12 million. Furthermore, the Greek cash rebate can now serve as collateral for producers to obtain funds through the Greek banking system.
There is no sunset date. Financing of the rebate is guaranteed through the Greek Public Investment Programme and amounts to €50 million annually. From April 2018 to July 2022, 257 applications have been included in the cash rebate programme (148 domestic and 109 international productions), whereas the total of invested capital in the country amounts to €447 million.
Getting started
Αpplications may be submitted for international and domestic productions and/or co-productions that choose Greece as the location for main photography, production, and/or post-production.A smooth and timely procedure
Applications are submitted to EKOME all year long, no later than 10 days before the beginning of production and/or post-production, via an electronic system guaranteeing smooth, fast, and transparent processing.And... it's a wrap!
The subsidy is payable after the completion of production or/and post-production, provided all prerequisites of the relevant legislation are met.
