{"id":40133,"date":"2021-01-14T16:31:48","date_gmt":"2021-01-14T15:31:48","guid":{"rendered":"https:\/\/zuniclaw.com\/lights-camera-action-movie-production-incentives-for-investing-in-serbia\/"},"modified":"2025-10-20T14:45:41","modified_gmt":"2025-10-20T12:45:41","slug":"movie-production-incentives","status":"publish","type":"post","link":"https:\/\/zuniclaw.com\/en\/movie-production-incentives\/","title":{"rendered":"Movie Production Incentives for Investing in Serbia"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"40133\" class=\"elementor elementor-40133 elementor-33486\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3af50597 e-flex e-con-boxed e-con e-parent\" data-id=\"3af50597\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e56f3c8 elementor-widget elementor-widget-text-editor\" data-id=\"5e56f3c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>Not long ago, we have written about the advantages of <a href=\"https:\/\/zuniclaw.com\/en\/investment-in-serbia\/\">investing in Serbia, and have highlighted 14 reasons why Serbia is a great destination for your business<\/a>, besides the <a href=\"https:\/\/zuniclaw.com\/en\/taxation-in-serbia\/\">numerous tax incentives<\/a> it offers.<\/p><p>If you are working in the movie industry, after reading this blog, you will have another reason to invest here (or maybe even 300,000 reasons more).<\/p><p><a href=\"https:\/\/www.pravno-informacioni-sistem.rs\/SlGlasnikPortal\/eli\/rep\/sgrs\/vlada\/uredba\/2019\/94\/5\/reg\" target=\"_blank\" rel=\"noopener\">The Regulation on Incentives to Investors Who Produce Audiovisual Content in the Republic of Serbia<\/a> (hereinafter: <strong>Regulation<\/strong>), which stipulates enticing incentives for foreign investors in Serbia who produce audiovisual content, although implemented in 2020, started being fully applied only from January 1, 2021. The aim of the Regulation is to entice the economic activity in the movie industry, increase employment in that industry, as well as promote the potential of the Republic of Serbia regarding audiovisual production.<\/p><\/div><\/section><div class=\"av-special-heading av-3l0lb6c-7d91b91673c63c7c7957182b15bf8d06 av-special-heading-h2 blockquote modern-quote modern-centered avia-builder-el-10 el_after_av_textblock el_before_av_textblock av-inherit-size\"><h2>\u00a0<\/h2><h2 class=\"av-special-heading-tag\">What Do These Incentives Imply?<\/h2><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>\u00a0<\/p><p>Incentives are given to the investor as a non-refundable grant, through a return of 25% of eligible costs realized in Serbia.<\/p><p>If you set aside a sum greater than 5,000,000 euros for the production budget of audiovisual content that is carried out in Serbia, the incentives are given in the amount of 30% of eligible costs.<\/p><p>For a special-purpose movie, the incentives are given in the amount of 20% of eligible costs.<\/p><\/div><\/section><div class=\"av-special-heading av-33uy87o-ebc0ee8785967f785c5c9885ab7e57a9 av-special-heading-h2 blockquote modern-quote modern-centered avia-builder-el-12 el_after_av_textblock el_before_av_textblock av-inherit-size\"><h2>\u00a0<\/h2><h2 class=\"av-special-heading-tag\">Who Can Use These Incentives?<\/h2><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>\u00a0<\/p><p>If you are a legal or natural person with representative, and whose funds are used for (co)financing the production of audiovisual content, and who sets aside means for the production budget for the actualization of the project in Serbia higher than the minimum means required for the media in question, the incentives which the Republic of Serbia offers might be of particular interest to you.<\/p><p>The minimum amount that you must set aside for each particular media in order to be able to apply for the incentives are the following:<\/p><table><thead><tr><th>Category<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Feature movie and TV movie<\/td><td>300,000.00 euros<\/td><\/tr><tr><td>TV series<\/td><td>300,000.00 euros per episode<\/td><\/tr><tr><td>Animated series<\/td><td>150,000.00 euros per episode<\/td><\/tr><tr><td>Animated movie, audio and\/or visual post-production of audiovisual content<\/td><td>150,000.00 euros<\/td><\/tr><tr><td>Special-purpose movie<\/td><td>300,000.00 euros<\/td><\/tr><tr><td>Documentary and documentary TV program<\/td><td>50,000.00 euros<\/td><\/tr><\/tbody><\/table><\/div><\/section><div class=\"avia-image-container av-5t5ief-f87630b416a478473e36b7c87f92b40a av-styling- avia-align-center avia-builder-el-14 el_after_av_textblock el_before_av_textblock \"><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\">\u00a0<\/div><\/div><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>The incentives can be realized for the production of:<\/p><ul><li>feature movie, a TV movie and documentary feature movie in the duration of at least 70 minutes, and animated movie intended for screening in the duration of at least 5 minutes;<\/li><li>TV series, in case the episode lasts at least 40 minutes;<\/li><li>animated series with at least 10 episodes, which last at least 50 minutes total;<\/li><li>documentary TV program which lasts at least 40 minutes.<\/li><\/ul><p>\u00a0<\/p><p>To be eligible to apply for the incentives as an investor who produces audiovisual content, the content in question has to follow these rules:<\/p><\/div><ul><li data-start=\"1041\" data-end=\"1158\"><p data-start=\"1043\" data-end=\"1158\">it cannot include content that is contrary to morals, public order, and public interest of the Republic of Serbia<\/p><\/li><li data-start=\"1159\" data-end=\"1282\"><p data-start=\"1161\" data-end=\"1282\">it cannot compromise the reputation of the Republic of Serbia, nor promote the violation of human rights and hate speech.<\/p><\/li><\/ul><\/section><div class=\"avia-image-container av-5t5ief-6ee780a9cf8856bb6cb339c4f39dffe3 av-styling- avia-align-center avia-builder-el-16 el_after_av_textblock el_before_av_textblock \"><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\">\u00a0<\/div><\/div><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>The production of this content has to start and continue in the budget year in which the request for granting incentives was submitted.<\/p><\/div><\/section><div class=\"av-special-heading av-2iuvv3o-0518de299cf2aa22fcaaf733078fe6a5 av-special-heading-h2 blockquote modern-quote modern-centered avia-builder-el-18 el_after_av_textblock el_before_av_textblock av-inherit-size\"><h2>\u00a0<\/h2><h2 class=\"av-special-heading-tag\">A Public Call for Incentive Grants<\/h2><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>\u00a0<\/p><p>In case you were intrigued by these incentives, and you fulfill the conditions listed, the fact that a public call for the incentive grants is permanently open might also be of interest to you.<\/p><p>If the request were submitted at a time when there are no remaining funds for this purpose in the current year, that request would be transferred into the following budget year.<\/p><\/div><\/section><div class=\"av-special-heading av-226g7is-f74275076524c6157bd7027ef3a33420 av-special-heading-h2 blockquote modern-quote modern-centered avia-builder-el-20 el_after_av_textblock el_before_av_textblock av-inherit-size\"><h2>\u00a0<\/h2><h2 class=\"av-special-heading-tag\">The Request for Incentives<\/h2><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>\u00a0<\/p><p>The request for incentives is submitted through the <a href=\"http:\/\/www.fcs.rs\/en\/\" target=\"_blank\" rel=\"noopener\">Film Center Serbia<\/a>, via a formal application, decided upon by a five-member Committee that the Government forms specifically for this purpose (the Committee for Awarding Incentives).<\/p><p>On the day of submitting the request, you are obliged to provide proof that you have secured at least 30% of the means for the expenses of the production of content.<\/p><\/div><\/section><div class=\"av-special-heading av-1s08hbo-1afb0319c7ec48ca7ef9d0f33b2f2a3a av-special-heading-h2 blockquote modern-quote modern-centered avia-builder-el-22 el_after_av_textblock el_before_av_textblock av-inherit-size\"><h2>\u00a0<\/h2><h2 class=\"av-special-heading-tag\">Which Investors Are Not Entitled to Incentives<\/h2><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>\u00a0<\/p><p>The investor who is not entitled to incentives is the following:<\/p><ul><li>an investor against whom a previous bankruptcy proceeding, reorganization, or liquidation has been initiated, and<\/li><\/ul><ul><li>an investor who has matured and outstanding obligations on the basis of public revenues in the Republic of Serbia and other financial obligations towards the Republic of Serbia.<\/li><\/ul><\/div><\/section><div class=\"av-special-heading av-12pyuj8-2a3f31d7b2103f5b920f1bd1fdcfd4ae av-special-heading-h2 blockquote modern-quote modern-centered avia-builder-el-24 el_after_av_textblock el_before_av_textblock av-inherit-size\"><h2>\u00a0<\/h2><h2 class=\"av-special-heading-tag\">Procedure for Applying for the Incentives<\/h2><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>\u00a0<\/p><p>The request for the incentive grant is submitted to the Committee for Awarding Incentives through the Film Center Serbia.<\/p><p>The Committee checks if the conditions from the public call are met and whether the full documentation was submitted. If all the conditions are met, and the full documentation is submitted, the Committee makes the decision that the conditions were met, and recommends an Agreement conclusion on the incentive grant to the Ministry.<\/p><p>Finally, the Ministry signs an Agreement on the incentive grant with the applicant.<\/p><\/div><\/section><div class=\"av-special-heading av-kjw1ck-6b546977b0da65c33796d677ceef386a av-special-heading-h2 blockquote modern-quote modern-centered avia-builder-el-26 el_after_av_textblock el_before_av_textblock av-inherit-size\"><h2>\u00a0<\/h2><h2 class=\"av-special-heading-tag\">Serbia Creates Film<\/h2><\/div><section class=\"av_textblock_section av-5ocbtz-b4c7c232c8dfc4bfd21d50b749fc3bc5\"><div class=\"avia_textblock linkz\"><p>\u00a0<\/p><p>In case you work in the movie industry or you are a movie enthusiast, you have probably stumbled upon the logo Serbia Creates Film while watching a movie.<\/p><p>This inscription is actually a label that shows that the production of that content was given the financial support of the Republic of Serbia. Besides the obligation that the investor must display the logo Serbia Creates Film, the Regulation also states that the investor must use this label in marketing activities.<\/p><p>Thanks to the incentives which are provided to investors who create audiovisual content in Serbia, in the past few years, a growth of foreign production of audiovisual content was noticed. Concurrently, the number of foreign productions of audiovisual content that use these incentives is also growing.<\/p><p>We believe that this move has left a positive mark on the other parts of the economy as well, which was caused by the influx of investors who produce audiovisual content.<\/p><\/div><\/section>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Not long ago, we have written about the advantages of investing in Serbia, and have highlighted 14 reasons why Serbia is a great destination for your business, besides the numerous tax incentives it offers. If you are working in the movie industry, after reading this blog, you will have another reason to invest here (or [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":69339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[133],"class_list":["post-40133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-law"],"_links":{"self":[{"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/posts\/40133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/comments?post=40133"}],"version-history":[{"count":8,"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/posts\/40133\/revisions"}],"predecessor-version":[{"id":73003,"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/posts\/40133\/revisions\/73003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/media\/69339"}],"wp:attachment":[{"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/media?parent=40133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zuniclaw.com\/en\/wp-json\/wp\/v2\/categories?post=40133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}