Government Increases the Budget for Film Incentives

The Serbian Ministry of Economy has decided to increase the total budget available for incentives from 6,752,421 EUR  in 2018 to 7,500,000 EUR  in 2019, while the Ministry of Culture and Information and Film Center Serbia will increase the national funding for domestic films and co-productions to 9 m EUR, as compared to 7,879,811 EUR in 2018.

Over 100 projects benefited from the 25% cash rebate since its launch in April 2016 and 88.5 million EUR has been spent in Serbia so far.

Since 65 projects benefited from the cash rebate programe in 2018, almost double as in 2017, the Ministry of Economy has decided to increase the budget. This will, for sure,  positively affect foreign film production investments in Serbia in the following years.