Cash rebate

Cash rebate

A 20% cash rebate on expenses spent on film or TV production in the Slovak Republic.

Minimum expenses required for a cash rebate:

A SIMPLE PROCESS WITH NO HIDDEN FEES

Eligibility period of the expenses starts after registration:
  1. Register your project for 1,000 EUR.
  2. After registering the project, the producer will receive a registration certificate. The eligibility period of expenses (3 years) starts upon the issuance of the certificate.
  3. The project must pass the cultural test.
  4. Eligible expenses: actual incurred and paid costs, including royalties and fees paid to cast and crew registered to pay taxes in Slovakia; costs directly related to the realization of the registered project; costs paid to an entity with a tax domicile in the Slovak Republic, or costs where tax was deducted and paid in the Slovak Republic,
  5. There is no budget limit on eligible costs; no requirement to guarantee theatrical or non-theatrical distribution in Slovakia,
  6. The cash rebate is payable after the applicant has paid all eligible costs and delivered the final balance sheet and auditor's report.

How to apply

  1. Project registration:
    The applicant applies for the incentive programme to the Slovak Audiovisual Fund, providing an estimated budget, a production schedule together with a completed application form and other required documents.

    Project must pass the cultural test – maximum points 48, minimum 24 points.  The culture test is a part of the project registration.

    The registration fee is 1,000 EUR. Registration is valid for 3 years. Over this period the producer shall invest a minimum of 150,000 EUR or 300,000 EUR in the Slovak Republic.

    For the expected sum of the cash rebate to be included in the Slovak Audiovisual Fund budget for the following budgetary year, the project has to be registered before August 31st of the current year.
     
  2. Registration certificate:
    After registration of the project the producer shall receive a certificate. The eligibility period of expenses (3 years) starts after the issue date of the certificate (which shall be delivered to the applicant company within 30 days after the project registration).
     
  3. Grant award application:
    Upon completion of the production, the applicant needs to conduct an independent audit demonstrating the eligible costs incurred, and includes co-production or service agreements, and other documents.  The Audiovisual Fund shall check the completeness of the cash rebate application within 30 days from its submission. If everything checks out, the Fund will provide a draft of the cash rebate contract. Otherwise, the Fund will request additional documentation or information and give an additional 30 days for the completion of the application. The cash rebate will be issued after the additional documentation and information has been received.