European Convention (Revised)
The Council of Europe Convention on Cinematographic Co-production (Revised) is the modernised multilateral treaty framework for recognising official co-productions between states that are party to it. Adopted in 2016 and opened for signature in Rotterdam on 30 January 2017, it replaces the 1992 Convention (ETS No. 147) for states that have ratified it. Its purpose is the same as its predecessor โ to grant co-produced films the status of national films in each co-producing territory and thereby unlock access to each country's national support schemes, tax incentives and distribution quotas โ but it modernises the framework to reflect how international co-production actually works today. For producers, the practical consequence is that a qualifying co-production made under the revised Convention is treated as a domestic film in each signatory country involved, with the usual benefits in national funds, tax credits, broadcaster obligations and quota systems.
Key rules
Qualifying co-productions must involve producers from at least two states parties; the 1992 requirement for a three-country minimum has been dropped, so the revised Convention can serve as a standalone legal basis for bilateral co-productions where no separate bilateral treaty exists (unless either party has made a reservation). Minimum and maximum financial-contribution floors per co-producer are updated: for multilateral co-productions the minority share is typically 5% and the majority share is typically 80%, and for bilateral co-productions the minority share is typically 10% and the majority share 90%, with creative, technical and artistic contributions expected broadly in proportion to the financial split. The revised Convention also explicitly recognises digital post-production, VFX and new-media contributions as eligible elements of a co-producer's contribution, and it is open to accession by non-European states, making it a genuinely international instrument rather than a European-only one.
Signatories
As of April 2026 the revised Convention has been ratified by more than two dozen Council of Europe member states and is in force between them; several additional states have signed but not yet ratified. Because accession is a rolling process, producers should check the Council of Europe Treaty Office (conventions.coe.int) for the current list of parties to CETS No. 220 before structuring a co-production.
Signatory Countries
31States that have ratified this convention. Click any country to open its national co-production profile.