Incentives Scorecard: Ukraine, Georgia Set to Offer Production Rebates

The former Soviet republics of Georgia and Ukraine will soon join the ranks of countries offering incentives to foreign producers. The Georgian National Film Center recently announced it would launch a 20% tax rebate program in January that would cover qualified expenses, with an additional 2% for Georgian elements such as hiring local cast and the promotion of Georgian culture. In addition, Georgia will create its own film commission. Ukraine also plans to offer a 20% rebate as part of a tax incentive program modeled on the one in the Czech Republic, requiring applicants to pass a cultural test.

 

Information courtesy of EP Financial Solutions, a production incentive consulting and financial services company.

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