LATVIA FILMING INCENTIVES

Co-Financing Scheme For Foreign Productions In Latvia

Overview

Type of incentiveCash Rebate
Qualifying formats
  • - Feature film - fiction (theatrical)
  • - Feature film - documentary (theatrical)
  • - TV Film or TV series - fiction
Qualifying productions
  • - Foreign productions
  • - Co-productions

Specifics

Benefit as a % of spend25.00
Financial cap per production-
Do I have to register/set up a company?No
Does foreign cast/crew paid in their home country/region qualify as expenditure? No
Do foreign cast/crew have to pay tax in the host country/state/region? No
Does travel to/from country/region qualify as expenditure? No
Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive? Yes
Criteria to access the benefit
  • - Minimum percentage of the film that must be shot in the region: 50.00%
  • - Minimum total value of production 711436 (in local currency)
  • - Cultural Test
When will the benefit/incentive be received?
  • - On submission of audited accounts
  • - State approx. number of months after completion of audited accounts
  • - End of national fiscal year
Additional incentives or advantages
  • - Animations also qualify for the programme. The benefit is 25% if the action in the film takes place in Latvia (and no less than 80% of total budget); 20% if Latvia is not identified in the film (and no less than 80% of total budget); In both cases a Latvian production company is used as service provider. There's no financial cap but the whole budget for this support scheme in 2014 is 300 000 LVL; in 2015 – 600 000 LVL. Use of local cast & crew as well as distribution/broadcast contracts in place are not required but recommended as those give you extra points. There must be confirmed financing no less than 50% on the day of application. The total public funding cannot exceed 25% total spend in Latvia.

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