United Kingdom × Hungary.
How to structure a United Kingdom–Hungary film or TV co-production: stack Hungary's 30–37.5% cash rebate with United Kingdom's incentives (25% (higher for independent film)). Worked $10M example, location strategy and a calculator.
Structuring a United Kingdom–Hungary co-production
The UK brings English-language prestige, world-class post and VFX, and a stable incentive. A UK–Hungary structure lets you keep heads-of-department and post in Britain while building and shooting into Hungary's cheaper, incentivized floor.
The incentive stack
The UK's Audio-Visual Expenditure Credit (AVEC) delivers roughly 25% net on qualifying spend, with an enhanced Independent Film Tax Credit worth substantially more for qualifying lower-budget features, and an extra uplift for UK VFX. Combined with Hungary's 37.5%, you get British craft and Hungarian value on one picture.
Worked example — a $10M budget
| Leg | Spend | Rate | Return |
|---|---|---|---|
| Hungary (60%) | $6,000,000 | 37.5% | $2,250,000 |
| United Kingdom (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 and points tests in each territory. Bonuses and top-ups (e.g. Telefilm, regional funds, labor uplifts) can raise the United Kingdom figure further.
Locations: who shoots what
London and the Home Counties handle contemporary British and period-London exteriors; Hungary carries the large builds, crowd work and anything that needs to double for continental Europe at a fraction of UK stage cost.
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 United Kingdom partner and its funding bodies so the two incentives are additive rather than in conflict. And we can arrange to finance the Hungarian rebate upfront. Model this structure in the calculator →
Questions producers ask us
How does a United Kingdom–Hungary co-production work?
What is the combined return on a United Kingdom–Hungary structure?
Can Dopamine finance the Hungarian rebate upfront?
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.
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