Chloe Moretz and Asa Butterfield — the young stars of Martin Scorsese’s Hugo — are attached to “The White Circus,” a dark fairy tale exec produced by Terry Gilliam.

“Circus” is the first full-length directorial effort from Canadians Chris Lavis and Maciek Szczerbowski, who earned recognition in Hollywood with their Oscar-nominated animated short “Madame Tutli-Putli.”

Another of their shorts, “Higglety Pigglety Pop,” was produced by Spike Jonze and starred the voice talent of Meryl Streep and Forest Whitaker.

“Circus” is an adventure-romance that takes place on a snowy New Year’s Eve, when a young pilot crashes his plane into a war-torn town on his first mission. There, he falls in love with a beautiful cabaret singer, befriends a talking circus bear and incites the townsfolk to liberate themselves from a despot.

Pic also stars Andrea Riseborough and Christian Friedel (“The White Ribbon”).

“Chris and Maciek are the worthy heirs of Gilliam, Jim Henson and Tim Burton, yet their work boasts an ever bigger crossover appeal while being smart and innovative,” said Gregoire Melin at Kinology, which is producing and repping the pic in international markets.

“Circus” is also produced by Melissa Malkin and Dave Valleau of Canada’s Silo Corp., Stefan Arndt at Germany’s X-Filme Creative Pool and Andjelija Vlaisavljevic at Serbia’s Work in Progress.

“The White Circus” is due to start shooting in Germany and Serbia in February 2014.