film

Serbia Enhances Incentives for Audiovisual Production Amid Global Competition

The Serbian government has introduced a new decree to bolster the country's position as a key player in the film and television production sector. This initiative underscores a shift in perspective, viewing audiovisual production as an export-oriented industrial segment rather than solely a cultural endeavor. The recently approved regulation confirms that state incentives for audiovisual projects will remain non-repayable, functioning as reimbursements for eligible expenses incurred within Serbia. This cash rebate mechanism is central to Serbia's strategy to attract both…