Application Process for Tax Incentives at ORIGO Studios
When planning your film production in Hungary, it’s essential to navigate the application process correctly to benefit from the Hungarian tax rebate. Here’s a detailed overview of what you need to know.
Eligibility and Requirements
Productions must be registered with the National Film Office (NFO). Both Hungarian companies and international producers (via agreements with local companies) can apply. The following documents are required:
- Proof of financing
- Script with a Hungarian translation
- Production schedule
- Signed agreements
These documents must be submitted at least 30 days before shooting begins.
Rebate Process Overview
After production, the NFO conducts an audit of the financial records submitted to determine the final rebate amount. Following the audit, a Tax Certificate is issued. Generally, the entire tax credit process from application to receiving the rebate takes about 50 to 90 days.
Attractive Tax Incentives
The Hungarian Tax Credit System offers a generous 30% rebate on eligible Hungarian spend, making it one of the most enticing European film incentives. This rebate is accessible for a wide variety of productions, including:
- Feature films
- Documentaries
- TV series
- Co-productions
There’s no minimum spend or project cap, allowing for significant production cost savings.
Successful Productions in Hungary
Numerous notable films have benefited from these film tax benefits, including:
- The Twisted Tale of Amanda Knox
- Dune: Part One
- The Witcher – season 1
- Birdsong
- Blade Runner 2049
These productions highlight the advantages of filmmaking in Hungary and the favorable film financing options available.
Start Your Application!
For more information on how to apply for the 30% tax credit and navigate the tax incentives, visit the official website of the National Film Office.
