Incentives and coproduction

Subsidies

The ICA manages more than twenty support (subsidy) schemes, including: development (film and TV); production (film and TV), distribution, exhibition, festivals, film literacy, promotion, etc.
Film production support includes feature and short films, documentaries, animation, minority coproductions and coproductions with Portuguese speaking countries. See full yearly plan with amounts here.

90% or more of the available amount for film production is granted on a selective basis.

Emphasis is put on supporting first/second films by new directors.

Yearly budget (2017) for the subsidy schemes: ca. € 18,5 million.

More on the ICA subsidy schemes: calls for projects’ Regulations (in Portuguese only) here; lists of supported projects here.

Tax incentive

The newly established Tax Rebate for Film Production (TRFP) applies to production and postproduction of feature films of any type, both official and de facto coproductions, or foreign productions (local services) and offers a 20%  25% rebate on local production expenditure (minimum 1 million euros).

The Portuguese TRFP is operated by ICA and the Tax and Customs Authority.

Coproduction

Portugal is a Party in 9 bilateral film coproduction treaties (with France, Germany, Italy, Spain, Angola, Brazil, Cape Verde, Mozambique and São Tomé and Príncipe). A film coproduction treaty with Israel has been signed recently and negotiations with China and India are under way.

Besides, Portugal is a Party in the Council of Europe Convention on Cinematographic Coproduction and in the Iberoamerican Coproduction Agreement.

This means that coproducing with Portuguese partners is opening doors to possible coproductions with more than 50 countries in Europe, Asia, Africa and the Americas.