Production incentives · Greece

EKOMED / EKOME Cash Rebate Greece

The Greek rebate can make a real difference to a production budget — but only when the structure, timing and cashflow are thought through before spend starts.

Cash Rebate Greece (CRGR) supports qualifying film, television, documentary, animation, augmented reality / virtual reality (AR/VR), visual effects (VFX) and video game work by reimbursing eligible expenditure incurred in Greece. The headline is strong: a 40% rebate for film / TV and animation-related works. The important part is making the application, budget and audit trail work in practice.

We have put this page together from a working production point of view: what is worth knowing early, where applications can become messy, and how we would think about the rebate before building it into a finance plan.

40%Rebate rate for eligible Greek spend under the film / TV and animation routes.
€8mStandard project cap for the film / TV and animation routes, subject to rules.
3 routesFilm / TV, animation / AR-VR, and video games.
10 daysApplications should be submitted before qualifying work starts.

Start here

What to know first

The rebate becomes useful when four things line up: the right scheme, a clean Greek spend, a timely application, and a cashflow plan that allows for the wait between approval and payment.

40%

Headline rebate rate for eligible Greek expenditure under the film / TV and animation routes.

80%

Eligible costs may not exceed 80% of the total production cost for the film / TV and animation routes.

€8m

Standard project cap for the film / TV and animation routes, subject to scheme rules.

€1m

Maximum subsidy per audiovisual work under the video game development route.

For film, television and animation-related works, the headline figure is a 40% cash rebate on eligible Greek expenditure. That does not mean 40% of the entire global production budget. It means 40% of the qualifying spend that meets the Greek scheme rules.

In practice, the published budget is only part of the story. What really matters is whether the right scheme is open, whether funds remain in the relevant category, and whether the application is ready before work begins.

Three routes

The Cash Rebate Greece schemes

Cash Rebate Greece is divided into three routes. The right one depends on what is actually being made in Greece: live-action production, animation / immersive work, post-production, VFX or game development.

CRGR-FTV

Cash Rebate Greece – Film / Television

The main route for film, television, documentary and eligible post-production projects. This is usually the first stop for features, series and major TV work shooting in Greece.

CRGR-Animate

Cash Rebate Greece – Animate

The dedicated route for animation, AR/VR, interactive works, animation services and motion-picture visual effects, including projects where the Greek spend is built around studio or post-production work.

CRGR-VGD

Cash Rebate Greece – Video Game Development

The video game development scheme, focused on computer game software prototypes and eligible development activity in Greece.

CRGR-FTV minimum eligible Greek spend

Project typeMinimum eligible Greek expenditure
Fiction theatrical or television film€200,000
Creative documentary film€60,000
Theatrical or television short film€45,000
Fiction television mini-series, up to 16 episodes€120,000 per episode
Fiction television series that are not mini-series€35,000 per episode

CRGR-Animate minimum eligible Greek spend

Project typeMinimum eligible Greek expenditure
Animated theatrical, television, interactive, AR or VR film€80,000
Animated theatrical, television, interactive, AR or VR short film€50,000
Animated, interactive, AR or VR television series up to 16 episodes€50,000 per episode

CRGR-VGD at a glance

PhaseSupport level
Prototype production phase10% of eligible costs
Final completion phase30% of eligible costs
Maximum subsidyUp to €1 million per audiovisual work

Related incentive

Greek Tax Relief

Cash Rebate Greece is not the only incentive available through E.K.K.O.ME.D. Greece also offers a Tax Relief mechanism, which may operate separately from, or alongside, the cash rebate.

The tax relief corresponds to 30% of eligible expenses deducted from the net taxable results of financiers of the approved investment plan, calculated through the relevant income tax return.

This is not something to assume automatically. The cash rebate and tax relief are separate tools, and whether they can be combined depends on the financing structure, beneficiary, tax position, state-aid limits and documentation.

Risk point

Application timing and start of work

Timing is one of the most common risk points in rebate applications.

For CRGR-FTV and CRGR-Animate, applications must generally be submitted up to 10 days before the start of the relevant production or post-production activity through the designated information system. The official guidance states that the starting date of cost eligibility is the date the application is submitted.

Except for pre-production activity that does not constitute the start of the investment project, if work starts before the application date, the entire investment project may become ineligible. This is not theoretical; we have seen cases where audits failed because work started prior to the submission of the application.

Practical treatment
Activity typePractical approach
Preparatory activityMay be possible before formal start, depending on the nature of the activity and current guidance.
Qualifying production or post-production workShould not begin before application timing has been checked.
Costs incurred before applicationShould not automatically be assumed eligible.
Costs incurred after applicationMay be eligible if they meet the scheme’s cost and documentation rules.

A sensible approach is to treat the application date as a hard financing and compliance milestone. Anything the production expects to claim should be checked before it is contracted, invoiced or paid.

Cashflow reality

Payment timing and historical delays

The Greek cash rebate is valuable, but payment timing deserves a realistic conversation from the beginning.

We have experienced delays first-hand on our own projects. That has not changed our view that the programme is reliable: the rebate is real, payments are being made, and E.K.K.O.ME.D. has publicly announced catch-up disbursements and improvements to the process.

The practical point is more down-to-earth. The rebate should be treated as reimbursement after completion, audit and certification — not as money that will automatically be available at the end of the shoot.

Cashflow guidance
Cashflow issueOur approach
Do not treat the rebate as upfront cashIt is generally paid after completion, audit and certification.
Allow for bridge-financing costsInterest, bank fees and financing costs may arise while waiting for reimbursement.
Allow time for audit and paymentIn our planning, we would allow several months to one year for the audit process to be completed and for the payment to be made.
Keep the audit trail readyMissing invoices, contracts, payroll records or payment evidence can slow the process.
Check current scheme statusConfirm platform status, budget availability and payment procedures before submission.
Be clear with financiersSeparate eligibility, approval, certification and actual cash receipt in the finance plan.

Our advice is to use the rebate, but cashflow it conservatively. In the end, the programme is a strong tool; the waiting period is the part that needs careful planning.

Keep it clean

Audit-readiness from day one

A rebate is only useful if the project can prove its eligible expenditure. This is where many productions lose time.

Audit-readiness should be part of production management from the beginning, not something reconstructed after wrap.

A local qualified team needs to be in place from day one to run the rebate process all the way through audit finalisation. This is not a role to start filling after the project has launched. The team should understand the application, eligible-cost logic, documentation flow, accounting requirements and audit expectations before the first meaningful commitments are made.

Audit areaWhat to keep organised
ContractsProduction-service agreements, crew agreements, cast agreements, supplier contracts, post-production agreements and co-production agreements.
InvoicesSupplier invoices, payroll records, accommodation, transport, equipment, studio and post-production invoices.
Payment evidenceBank transfers, receipts, payroll evidence and proof that expenses were actually paid.
Greek eligibilityEvidence that costs were incurred in Greece and fall within eligible categories.
Cost categorisationMapping between the budget, eligible-cost categories and final cost report.
Changes during productionAmendment requests, approvals, updated budgets and explanations for changes.
Delivery materialsFinal work, technical report, final report, cultural-criteria evidence and accessibility deliverables where relevant.

International productions

Working with a Greek production partner

The Greek rebate is designed to work for international productions, but the local structure matters.

A production coming into Greece will usually need an eligible Greek production or executive-production company. That partner is often central to the application, the local spend, supplier documentation, cost reporting and audit support.

AreaWhy it matters
EligibilityChoosing the correct scheme and beneficiary structure.
BudgetingSeparating Greek eligible spend from non-eligible costs.
SuppliersManaging crew, locations, studios, post-production houses and VFX vendors.
ApplicationPreparing the legal, financial and creative dossier.
ComplianceHandling documentation, declarations, timing and state-aid requirements.
AuditManaging cost reports, invoices, payroll records and payment evidence.
CashflowModelling rebate timing, bridge financing and lender expectations.

Quick answers

Frequently asked questions

How much is the cash rebate?

For the film / TV and animation routes, the rebate is 40% of eligible production costs incurred in Greece, subject to the eligible-cost ceiling and scheme conditions.

What is the maximum amount a project can receive?

For the film / TV and animation routes, the subsidy may not exceed €8 million per audiovisual work. For the video game development route, the total subsidy may not exceed €1 million per audiovisual work.

What types of projects are ineligible?

The rebate is not meant for every kind of filmed content. Advertising, news or current-affairs programming, filmed sports or artistic events, talk-show / general entertainment formats, corporate promotional content, purely educational or distance-learning material, and television or telephone games are examples that should not be assumed eligible. A scripted film, series or creative documentary may qualify; an advert, filmed event or corporate promo usually will not — though we hope this changes in the future, especially for advertisements.

Can international productions apply?

Yes. The usual route is through the right Greek production or executive-production structure. That local structure should be planned before contracts, invoicing and eligible spend are locked.

When should an application be submitted?

Applications should be submitted before the start of qualifying production activity, and generally up to 10 days before the start date of the relevant production, post-production or development work.

Have there been payment delays?

Yes. We have experienced delays ourselves on our projects. Our view is still that the programme is reliable and that the rebate should be part of the finance plan, but it should be cashflowed conservatively. E.K.K.O.ME.D. has announced catch-up payments and has said it is working to improve the process.

Can the cash rebate be combined with Greek Tax Relief?

Potentially, yes, but only where the relevant legality, tax and state-aid cumulation rules are respected. The two incentives are separate tools and should be analysed carefully before being combined in a finance plan.

Is the rebate paid at the end of the shoot?

Normally, no. We would treat it as a reimbursement after completion, audit and certification, and allow several months to one year for the audit process to be completed and for the payment to be made.

Planning a shoot?

For international productions, the opportunity is real — but the structure matters.

Used properly, the Greek rebate can be a strong part of a production finance plan. The work is in the structure: choose the correct scheme, build a clean Greek eligible-spend budget, submit before qualifying work starts, keep the audit trail ready and cashflow the rebate with patience.