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Hungary’s Production Incentive Extended For Six More Years
Hungary’s 30% tax incentive for film and series productions has been extended until 2030.
The incentive offers film and series projects produced in Hungary a 30% rebate based on their expenditure spent in the country. “It’s incredible that approximately 100 international motion pictures are made with us each year – from the biggest Hollywood studios’ breathtaking feature films, and miniseries to indies, intimate dramas, and innovative commercials,” Kael said at yesterday’s event. Originally launched in 2004, Hungary’s film incentive was one of the first in Central Europe and had been set to expire at the end of 2024.
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