Georgia (country) × Hungary.
How to structure a Georgia (country)–Hungary film or TV co-production: stack Hungary's 30–37.5% cash rebate with Georgia's 20–25% cash rebate. Worked $10M example, location strategy and a calculator.
Structuring a Georgia (country)–Hungary co-production
Georgia — the country, not the US state — offers a 20–25% cash rebate, very low crew and service costs, and Caucasus mountain and Tbilisi old-town looks. It is the value partner for a Hungarian picture that needs scale on a lean budget.
The incentive stack
Enterprise Georgia's Film in Georgia program pays a 20% cash rebate on qualifying Georgian spend, with an additional 2–5% available for content that promotes Georgia. Costs on the ground are among the lowest in the region, so the rebate lands on an already low base.
Worked example — a $10M budget
| Leg | Spend | Rate | Return |
|---|---|---|---|
| Hungary (60%) | $6,000,000 | 37.5% | $2,250,000 |
| Georgia (40%) | $4,000,000 | 22% | $880,000 |
| Combined | $10,000,000 | 31.3% eff. | $3,130,000 |
Indicative only. Real numbers depend on the qualifying-spend split, treaty status, caps and points tests in each territory. Regional uplifts and top-ups can raise the Georgia figure further.
Locations: who shoots what
Tbilisi plays Middle Eastern, Central Asian and Soviet-era streets, with mountain exteriors an hour out; Hungary carries the stages, post and the main incentivized spend.
How Dopamine runs it
As your Hungarian partner — Dopamine Ventures Kft. is a registered Hungarian company — we structure the Hungarian leg to 37.5%, run the cultural test, and coordinate with your Georgia partner and its funding bodies so the two incentives are additive rather than in conflict. Through partner lenders and banks we can also arrange to monetize the Hungarian rebate upfront. Model this structure in the calculator →
Questions producers ask us
How does a Georgia (country)–Hungary co-production work?
What is the combined return on a Georgia (country)–Hungary structure?
Can Dopamine monetize the Hungarian rebate upfront?
Who do I contact about a Georgia co-production?
Related insights
Bring your production to Hungary.
Tell us the budget and territory. We'll model the rebate and plan the floor — and we can arrange to monetize the rebate upfront.
Model Your RebateDopamine Ventures Kft. · Hungary / Europe: +36 30 285 5517 · WhatsApp: +1 310-651-0799