Hungary has decided to continue a key tax incentive program that encourages international film and television productions in the country. The program offers production companies a 30% cash rebate on local spending and has attracted hundreds of major Hollywood movies and TV shows over the past two decades. The Hungarian government announced an extension of the popular incentive through 2030 during an event promoting the nation’s film industry in Los Angeles last month.
The production tax rebate was established in 2004 and has become a driving force behind Hungary’s growing reputation as a premiere European filming destination. According to government figures, productions utilizing the incentive now generate around $910 million annually for Hungary’s economy. With over 100 international projects filming there each year, the country has developed experienced crews and infrastructure to support large-scale movies and television series.
The incentive program was originally set to expire at the end of 2024. The six-year extension reinforces Hungary’s commitment to remaining competitive on the global production stage. Film Commissioner Csaba Kael noted the “breathtaking feature films, miniseries, indies, intimate dramas, and innovative commercials” made by Hollywood studios and other international partners that have contributed to Hungary’s film success. The continuation allows the industry to “build on our success and deepen our commitment” to further growth, according to Kael.
In addition to financial benefits, productions cite Hungary’s skilled workforce as a major advantage. Recent blockbusters like “Dune: Prophecy” and “Alien: Romulus” utilized the tax break, as did television shows on NBC and CBS. The rebate is provided following production through refunds based on qualified local expenditures. With stability through 2030, the incentive will support continued investment and job creation across Hungary’s film sector.