Slovenia to approve 20% cash rebate for audiovisual productions
The Slovenian government is likely to approve a 20% cash incentive on audiovisual productions in the next few months, the country’s film commissioner revealed yesterday at the Berlinale International Film Festival.
The new measure will be presented to the country’s government on 21 March 2014, which is then to announce its decision a few months later. However, the nation’s film commissioner Aleš Gorišek confirmed that it is “extremely likely to pass”. He expects the incentive to be applicable for productions announced for 2015.
If approved, Slovenia will offer a 20% cash incentive on all qualified production spend with a minimum of €200,000 and a maximum of €2m. The proposal is valid for all audiovisual productions, including documentaries, television production and animation.
Gorišek said the proposed tax incentive would “level the playing field” and ensure professionals who now go to Italy and Croatia would produce work in Slovenia.
“In Slovenia, when we became independent, the Slovenia Film Centre was the first organisation to be established, that’s how high we rated film. But that is a while ago and now it became time to reassess the situation and look at how we could increase not only film production, but also audience participation, education and increase the promotion of our locations.
“There is more than just the foreign direct investment to keep in mind, Gorišek said. “There’s also a possible economic gain through secondary investment and what they call the induced effect – what we gain from the promotion of Slovenia through these productions.” The last major feature film production that shot in the country was The Chronicles of Narnia: Prince Caspian in 2008.
The Slovenian film commission is currently also in the process of updating its website to better inform foreign producers and filmmakers on the USPs and locations the country has to offer.