Rome and the surrounding Lazio region are ramping up efforts to consolidate their status as the hub of Italy’s film and TV industries.
A new umbrella entity, called the Roberto Rossellini Foundation, has been established with a multi-pronged promotional mission that includes helping Italo and international producers thrash out the intricacies of obtaining various types of public coin and incentives.
For international producers, the good news is that the Lazio region has finally done away with a big sore spot for those shooting in Rome and its environs by deciding to reimburse the 20% VAT that productions are forced to pay in advance under Italian law.
Coupled with the 20% tax credit for production in Italy that international productions can access via an Italian executive producer that should make Rome and Cinecitta Studios in particular, competitive again.
“There are plenty of regional and European funds out there that we can tap into and we want to help people navigate that process so they can utilize them,” said Francesco Gesualdi, the Lazio region general secretary during a packed presser at the Venice Days villa.