President of Ukraine

President signed the law on support for foreign filmmakers which would contribute to attraction of investments and promotion of Ukraine

16 October 2019 - 19:00

President signed the law on support for foreign filmmakers which would contribute to attraction of investments and promotion of Ukraine

President of Ukraine Volodymyr Zelenskyy signed Law of Ukraine "On Amendments to the Law "On the State Support for Cinematography in Ukraine" On Granting a State Subsidy for the Reimbursement of a Part of Qualified Expenses Incurred by a Foreign Subject of Cinematography in the Production of a Film in Ukraine" №130-IX, approved by the Verkhovna Rada on September 20, 2019.

The law aims to promote investment and the development of film production infrastructure in Ukraine.

The document, in particular, provides granting of State subsidy to reimburse 25% of the cost to foreign filmmakers to shoot films in Ukraine.

In addition, foreign filmmakers can receive a refund of 5% of the costs if they use the works of Ukrainian authors or a story about Ukraine to make films, including the topic of armed aggression against our country.

It is expected that the implementation of the law will promote the positive image of Ukraine abroad, the popularization of Ukrainian authors and works in the world, cooperation and the creation of joint film projects with leading Western producers.