More funding and tax incentives promise a lively year for the Lithuanian film industry

Rolandas Kvietkauskas2

In 2013 the Lithuanian Film Centre spent LTL 6,747,946 in terms of financial support for 113 film projects. In 2014 it intends to increase the funding to LTL 7.5m.

“This year the Lithuanian Film Centre has received 121 applications for the State funding competition – 40 applications more than in the previous year”, Rolandas Kvietkauskas, the head of the Lithuanian Film Centre, said. “With such activity in mind, we are glad that the bigger budget will allow us to consider more funding for film projects.”

Better funding is earmarked for retrieving and digitalising the national film heritage, including 10 Lithuanian films to be purchased from one of the biggest Russian film storage archives, Gos­fil­mo­fond.

Kvietkauskas also mentioned the administration and promotion of tax incentives for film production among the key activities of 2014. The amendments of the Corporate Tax Law of the Republic of Lithuania that came into force this year offer several advantages for film production in our country: producers making films in Lithuania are now able to receive funding from private sponsors worth up to 20% of the film production budget, while the companies wishing to invest in film production can cut their corporate tax burden.

Film education projects will continue through the film education and training programme, the Young Film Critic Contest, and other educational initiatives. More efforts will be directed towards training of film professionals; in the autumn of 2014 Lithuania will host the third session of the training programme for documentary professionals, Eurodoc.

For the second year in a row, the LFC will represent Lithuanian films and film industry in Berlin, Cannes and  Annecy film markets; documentaries at the film market of the Documentary Film Festival Amsterdam. The LFC also has plans for film promotion programmes in Israel, Poland and the United States, as well as closer cooperation and joint projects with the film Centres of other Baltic countries.