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MIL OSI Translation. Region: Russian Federation –

11/08/19

Published Government resolution “On state support of cinematography, rendering services (performing works) associated with the implementation of the production of foreign producers of audiovisual products on the territory of the Russian Federation”. The document was developed by the Ministry of economic development of Russia jointly with the Ministry of culture, JSC “REC” and the Russian film companies.

On the basis of the decision start program “cash rebate” for foreign filmmakers, developed taking into account best international practices.

Now the Russian organizations at the expense of budget subsidies can compensate for foreign producers of audiovisual products from 30% incurred in the territory of the Russian Federation costs.

If the following conditions can be compensated up to 40% of the costs:

Russian citizens make up at least 80% of the total composition of members of the crew

Availability of programs, allowing to reduce expenses of foreign filmmakers, prostimulirujte the choice of Russia as the place of shooting of films, serials.

So, at the 43rd International forum of the Association of film commissioners (AFCI), held in September in St. Petersburg, more than 20 foreign filmmakers expressed a high interest in filming in Russia at the start of the program.

“Cash rebate” will not only increase the volume of exports of services of Russian companies, but also increase the tourist attractiveness of the Russian Federation, will ensure the inflow of foreign capital in the audiovisual industry, will create conditions for the development of cooperation between Russian and foreign companies, as well as helping the formation and promotion of positive image of Russia.

Documents

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure will not be perfect.

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