Incentives for Film Makers in Czech Republic
The Czech Film Industry Support Programme (FISP) offers a 20% rebate on qualifying Czech spending and an additional 10% on qualifying international spending.
Czech spending – Costs which qualify as a “Czech spend” are goods and services provided in the Czech Republic and paid to companies or individuals registered to pay income tax in the Czech Republic.
International spending – Costs paid to individuals who pay withholding tax in the Czech Republic but are not registered to pay income tax may qualify as “international spend.”
3 step application process
- The project registration; the applicant’s project must pass thru the “culture test”, Responses will be issued within 30 days.
- The money allocation; the applicant must submit the project's budget and other financial information; responses, including the approved amount of the grant, will be issued within 30 days.
- The grant award, the applicant must submit audited statements demonstrating the eligible costs incurred; responses will be issued within 30 days; grants will be paid within an additional 14 days.
Only registered Czech income tax payers with a place of business in the Czech Republic may apply for the FISP at the final stage. International producers may partner with a Czech co-producer (which becomes the applicant) or establish and apply through a Czech subsidiary.