The Ukrainian rebate system was initiated in 2015 and it was signed by the President in 2017 for 16.6% rebates of the 25% cash rebates asked by the film industry. The law didn't come into force and in September 2019, the new Parliament voted for new amendments finally making way to 25-30% cash rebates.

Ukranian film producers hope to become strong competitors for foreign film production to the Czech Republic, Romania, Poland and other central European neighbours who all have had production incentives in place for some time. A number of high profile central European coproductions have shot in UKR recently, including the epic historical TV series Slavs / Slovania by Jozef Koleják, Veronika Kolejáková and Ján Luterán, a Slovak/Ukrainian coproduction between Wanda Hrycová´s Wandal Production and Andrey Yermak´s European Partnership Media Group.