A major boost to the Czech production incentive programme has just been approved by the Czech Republic’s Senate on December 11, 2024, solidifying the country’s status as a premier destination for film and television production.
The long-anticipated amendment to the current Audiovisual Act sees an increase in the main rate to 25% and tripling of the cap, as well as the introduction of a new 35% incentive for animation and digital production. The changes are set to take effect on January 1, 2025.
The key highlights of the updated legislation are:
– Increased Rebate: The production rebate will rise from the current 20% to 25% for traditionally produced projects such as feature films and series.
– Higher Project Cap: The maximum per-project grant will increase significantly from 150 million CZK (€6M) to 450 million CZK (€18M).
– Boost for Animation and Digital Production: Incentives for animated and digitally produced projects will see an even greater boost, increasing to an exceptional 35% rebate.
These changes underscore the Czech government’s commitment to fostering a thriving audiovisual sector — a commitment that aligns closely with Stillking’s mission to deliver world-class production services.
