PIC Portugal Cash Rebate Incentive
Key questions
How much does PIC Portugal Cash Rebate Incentive pay?
PIC Portugal Cash Rebate Incentive pays 30% of eligible local spend in Portugal, capped at €1.5M per project. Minimum qualifying spend is €250K. Lenders cash-flow it selectively.
Who is eligible for PIC Portugal Cash Rebate Incentive?
PIC Portugal Cash Rebate Incentive is open to animation. Eligible structures include official co-productions and service productions shooting in the territory. Projects must pass a cultural test. Minimum expenditure €500,000 (fiction/animation) or €250,000 (documentaries/post-production).
When is the next PIC Portugal Cash Rebate Incentive deadline?
PIC Portugal Cash Rebate Incentive accepts applications on a rolling basis, so there is no fixed deadline; decisions are taken in 3 sessions a year.
How do you apply for PIC Portugal Cash Rebate Incentive?
Applications for PIC Portugal Cash Rebate Incentive go to ICA (Instituto do Cinema e do Audiovisual) through its online application portal. Payment usually follows about 8 months after completion. PULPSCREEN last verified these details on 5 Apr 2026.
Rate conditions
Territorial spend requirement
Higher minimum for fiction and animation (€500,000)
Overview
Portugal's cash rebate incentive offers 25-30% rebate on eligible expenditure for film, TV and VOD productions with minimum spend requirements in Portugal.
Eligible formats
Eligibility
Minimum expenditure €500,000 (fiction/animation) or €250,000 (documentaries/post-production). Rate depends on Cultural Test and project characteristics.