Denmark has permitted the introduction of tax incentives to draw worldwide tv and movie, becoming a member of all different Nordic nations that every have tax rebate schemes.
Denmark has lagged behind different European nations equivalent to France, Germany and the Czech Republic as a consequence of an absence of tax incentives. Though Denmark has a vibrant inventive group and has produced many critically acclaimed administrators equivalent to Susanne Bier, Lars van Trier, Nicolas Winding Refn (Nicolas Winding Refn) and Thomas Vinterberg (Thomas Vinterberg), however Denmark is at the moment the one nation in Europe that, like Luxembourg, doesn’t have a tax refund scheme.
Denmark’s incentives, which is able to launch in 2026, will present 125 million Danish kroner ($17.5 million) per yr, double Sweden’s overseas manufacturing funding and much greater than Norway’s. Eligible payment rebates are anticipated to be 25%.
Anna Porse Nielsen, new president of the Danish Producers Affiliation mentioned kind The odds and different parameters will likely be decided by the top of the yr. The inducement will kick in as early as 2026, because the 2025 price range has already been voted on.
Nielsen mentioned the brand new incentives had the help of many creatives and trade figures, together with native expertise equivalent to “Borgan” star Birgitte Hjort Sørensen.
Nielsen mentioned: “Denmark has such a high-quality trade, with world-renowned administrators, actors, producers and crews who’re all skilled to a excessive customary, so now’s the time we get the incentives to draw worldwide productions. The chief added that the nation took so lengthy to approve the initiative as a result of “Danish politicians have traditionally been reluctant to help particular industries; however since Denmark is now the final nation with out an incentive scheme, it has turn out to be a competitiveness situation.” , Danish trade expressed its gratitude for lastly receiving political help.
Danish Tradition Minister Jakob Engel Schmidt mentioned in an announcement that the nation had “big strategic pursuits in paving the way in which for sturdy movie and tv manufacturing.”
“I believe it is loopy {that a} collection like Miss Smila, which is about in Greenland and Denmark, is filmed in Latvia, Lithuania and Iceland, the place there are manufacturing kickbacks. It is a waste of labor, It’s additionally a waste of Danish storytelling custom and an publicity of our dream kingdom.
“That is why I am proud that we are actually taking a giant step in direction of making Denmark a European powerhouse for movie and TV manufacturing. Who is aware of, the following model of the hit collection Emily in Paris would possibly make The principle character strikes to Copenhagen?
“Movie and tv productions assist showcase Denmark overseas, thus attracting larger tourism and income to your entire nation,” mentioned City and Rural Affairs Minister Morten Dahling.
Netflix at the moment plans to supply 16 productions in Sweden, 6 in Norway, and solely 3 in Denmark between 2024 and 2026.
