Written by new-contact on Apr 16, 2010. Posted in Incentive News

Latvia launches filming rebate of up to 15%

Latvia has launched a new filming incentive scheme that will entitle eligible productions to a rebate of up to 15%.

Productions spending at least EUR700,000 may become eligible for the support when half of their funding has been confirmed. Features, television films and documentaries that use Riga as itself can claim the full 15%, while a reduced 13% rebate may be available if the main cast and crew are Latvian nationals.

Qualifying productions that double Riga for elsewhere in the world will be entitled to a 10% rebate, while projects filming anywhere in Latvia but using the services of a company based in Riga will have access to a 7% rebate.

Three films separately financed by companies in Finland, Denmark and Japan have become the first to be supported by the new scheme and will all be produced by Film Angels Studio in Riga.