Incentive Example

Iceland: The Icelandic Film Fund

Iceland
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Overview

Type of incentive
  • Film Fund
Qualifying formats
  • Feature film - fiction (theatrical)
  • Feature film - documentary (theatrical)
  • TV Film or TV series - fiction
  • TV Film or TV series - documentary
Qualifying productions
  • National productions
  • Co-productions

Specifics

Benefit as a % of spend %
Financial cap per production
  • No
Do I have to register/set up a company?
  • Optional
Does foreign cast/crew paid in their home country/region qualify as expenditure?
  • No
Do foreign cast/crew have to pay tax in the host country/state/region?
  • No
Does travel to/from country/region qualify as expenditure?
  • No
Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive?
  • Yes
Criteria to access the benefit
  • Cultural Test
  • TV Broadcast or theatrical distribution contract required
When will the benefit/incentive be received?
Additional incentives or advantages
  • Productions can also qualify for a reimbursement of up to 20%, but the two payments together will not be more than 50% of the total production costs.

Contacts

Film In Iceland
Einar Tomasson
einar@filminiceland.com
www.filminiceland.com		 Borgartun 35
Reykjavik
105
Iceland