SERVICE PRODUCTION AND POSTPRODUCTION
Dart's service production and post-production services are led by Vladimir Vidic, senior film and TV producer and editor with more than 15 years of professional experience. Depending on the project's needs we manage production and post-production services with a team of Directors, DoPs, Video editors, 2D/3D graphic designers, Illustrators, Animators, Colorists and rest of the crew members. Whether you need a simple video edit, postproduction manager or full film or video shooting service in Serbia, we can deliver to your project.
We can provide full production and postproduction crew:
Full Production Crew
Location Scouting and Management
Camera and Lighting Equipment
Stylists, Hair & Makeup
Actors, Models, and Supporting Artists
Accommodation, Transport, and Catering
Full logistical support services
2D and 3D animators
Compositors and VFX artist
Grading artists
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INCENTIVES IN SERBIA
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The incentives program in Serbia provides a 25% cash rebate on qualified Serbian spend for feature films, TV series, animation films and visual effects, TV commercials and documentaries, and 30% cash rebate on qualified Serbian spend for feature films whose budget is minimum 5.000.000 EUR
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PROGRAM OVERVIEW
INCENTIVE TYPE
Cash rebate
AMOUNT
25% of Qualifying Serbian Spend for features, TV Series, TVCs, documentaries, animation and post-production
30% for feature films with Serbian Spend of minimum 5.000.000 EUR
DEADLINE FOR APPLICATIONS
Open all year.
WHO CAN APPLY
Applicants must be a legal entity registered in Serbia and which is responsible for paying all relevant Serbian taxes for the production.
MINIMUM LOCAL SPEND
Feature films, TV films and TV series: 300.000 EUR (~$350.000), with 100.000 EUR minimum per episode for TV series
Animated film, audio and/or visual post-production: 150.000 EUR (~$170.000)
Special-purpose film/TV Commercials: 150.000 EUR (~$170.000)
Documentary films: 50.000 EUR (~$57.000)
FORMATS
-Feature film, TV film, feature-length documentary film and animated film intended for broadcasting, that last at least 70 minutes
-TV series containing at least three episodes not shorter than 40 minutes;
-Documentary programmes not shorter that 40 minutes
-TV Commercials
-Post-production or VFX for any of the above-mentioned formats
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QUALIFYING SERBIAN EXPENDITURE
The following are considered Qualifying Expenditure towards the incentive:
-Costs pertaining to the production of an audiovisual work that have occurred and that have been disbursed to legal or natural entities in the territory of the Republic of Serbia. These include purchased goods and provided services, use of locations, crew payments and royalties to individuals who are residents of the Republic of Serbia or to foreigners who are legally residing for at least a year in the territory of the Republic of Serbia, in accordance with the regulations of the Republic of Serbia;
-Incurred costs pertaining to the use of goods, ie. leasing of movables and immovables may be recognised only if the goods, and/or movables and immovables, are the property of legal or natural entities, in the territory of the Republic of Serbia;
-The eligible costs include gross sums where there are social benefits, insurance, authorship or other types of taxes included in the calculation of costs.
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NON-QUALIFYING EXPENDITURE
The following costs do not qualify for the incentive:
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Marketing costs, costs related to real estate purchase, distribution costs...
FUNDING AND CAPS
There is no cap per project. Every year the Serbian government will allocate funds for the incentive programme. The budget allocated for 2019 is 900.000 million dinars (EUR 7,5 million or $8,7 million). Projects that surpass amount of annual budget allocated for this fiscal year may be transferred into the next year.
PROCEDURE
1st Application
The call for applications is open all year. The applicant must be a Serbian registered company acting on behalf of the investor in the project or SPV company setup for the production in Serbia. The entity applies for the incentive programme to the government organization Film Center Serbia, providing an estimated budget, a production schedule together with a completed application form and other required documents (see list below).
The application can be submitted anytime in the course of the production in question.
Decision and Contracting
The Committee will review the application documents and if approved, the Ministry of Economy will sign a contract with the applicant.
Request for Final Payment
Within 45 days from the completion of production the applicant needs to conduct an independent audit and submit a Request for Payment. The Committee will process the request confirming that audit report, production reports and financial information are valid. The rebate amount will be released within 60 days of the Committee final approval to a designated Treasury account accessible by the Aplicant.
BUNDLE OR SLATE OF PROJECTS
Projects are not allowed to bundle, except in case of TV commercials where investor is allowed to bundle projects with an incentive pay-out cap of maximum 800.000 EUR in a period of 3 years. In another words investor in TVCs has a ceiling of 3,2 million EUR for local expenditure within 3 years.
VAT
Serbia has a general VAT rate of 20% on all goods and services, except hotels and other accommodation, basic food groups, utility services use reduced VAT rate of 10%.
VAT is NOT considered qualified Serbian spend.
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