In Hungary there is a 30% subsidy on the total cost of the film production. All qualified production costs can be included - that is, for the expenses that are spent in Hungary and those foreign expenses that are directly associated with the scenes shot in Hungary. There is no limit to what size the budget can be when applying.
Subsidies are only available for feature films, documentaries, and drama series. They are not eligible for commercials, reality shows, or soap operas.
There is a 'cultural test' which reduces the chance of receiving a subsidy if the production does not portray European locations in the scenes, and if the project is purely about violence. Content that is severely detrimental to minors (i.e., adult movies) is not likely to be accepted either. Productions employing a significant amount of Hungarian crew members increase the odds of receiving a subsidy.
Subsidy funds are, in all cases, delivered after the shoot, often at the end of the year. Producers must have the full amount of shooting funds at their disposal for the shoot.
Write us an email with your production plans, and we can elaborate on the subsidies your project may be eligible for. Let us assist you to work out the best possible options!
Client: Konica Minolta - Title: Inspiration - Director: Takashi Tomohisa - DoP: Takayuki Shida - Production Company: Paddle - Producer: Kazuta Yanagihara - Production Service: Progressive Productions - Location: Budapest, Hungary
Amanacliq Executive Producer.