| Benefit as a % of spend | 25.00 |
| Financial cap per production | - |
| Do I have to register/set up a company? | Yes |
| 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? | Yes |
| Does travel to/from country/region qualify as expenditure? | Yes |
| Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive? | Yes |
| Criteria to access the benefit | - - Minimum percentage of the film that must be shot in the region: 0.00%
- - Cultural Test
- - TV Broadcast or theatrical distribution contract required
|
| When will the benefit/incentive be received? | - - On submission of audited accounts
- - State approx. number of months after completion of audited accounts
|
| Additional incentives or advantages | - - National productions and co-productions can also qualify for the Icelandic Film Fund. Payments awarded to a single production from both the reimbursement scheme and the film fund will not total more than 85% of the total production costs.
|