The implementation of Law 4487/2017 was a decisive step towards attracting investment through the production of films, television series, documentaries, animation, and digital games in Greece. 

Since September 2018 (Law 4563/2018) until recently, the rebate amounted to 35% on the eligible expenses incurred in Greece. The updated legislation (Law 4704/2020) raises the cash rebate to 40%, provides a more flexible floor for TV series (€15,000-€25,000 per episode), a new minimum for digital games (€30,000), and includes documentaries (€60,000), short films with a minimum of €60,000 while the minimum of eligible expenses for feature films remains at €100,000. The maximum amount of cash rebate an investment plan can receive is €12 million. Furthermore, the Greek cash rebate can now serve as collateral for producers to obtain funds through the Greek banking system.