Latvia × Hungary.
How to structure a Latvia–Hungary film or TV co-production: stack Hungary's 30–37.5% cash rebate with Latvia's 20–30% (national rebate plus municipal co-financing). Worked $10M example, location strategy and a calculator.
Structuring a Latvia–Hungary co-production
Latvia is small, fast and cheap, with Riga's art-nouveau center doubling for pre-war Europe. Paired with Hungary you get two low-cost incentivized territories and no long-haul moves.
The incentive stack
The National Film Centre of Latvia offers a rebate around 20% of qualifying Latvian spend, which can rise toward 30% when Riga's municipal co-financing program is stacked on top. Allocations are limited, so applications should be filed early.
Worked example — a $10M budget
| Leg | Spend | Rate | Return |
|---|---|---|---|
| Hungary (60%) | $6,000,000 | 37.5% | $2,250,000 |
| Latvia (40%) | $4,000,000 | 25% | $1,000,000 |
| Combined | $10,000,000 | 32.5% eff. | $3,250,000 |
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 Latvia figure further.
Locations: who shoots what
Riga plays 1900s–1940s Europe and Soviet interiors; Hungary provides the stages, tank, crowd capacity and the 30–37.5% cash rebate on the bulk of the 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 Latvia 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 Latvia–Hungary co-production work?
What is the combined return on a Latvia–Hungary structure?
Can Dopamine monetize the Hungarian rebate upfront?
Who do I contact about a Latvia 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