CASH REBATE
PIC Portugal Cash Rebate Incentive
ICA (Instituto do Cinema e do Audiovisual)
Last verified 5 Apr 2026 · 14 days ago
30%
Cap per project
€1.5M
Min qualifying spend
€250K
Sessions/year
3
Payment timing
8 months
Reliability
Fair
Bankability
Selective
Rate conditions
↑ 30%Cultural Test and project characteristics including high economic impact, expenses in low density territories, hiring disabled actors/technicians
Territorial spend requirement
Higher minimum for fiction and animation (€500,000)
Min €250,000 in territory
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
animation
Eligibility
Minimum expenditure €500,000 (fiction/animation) or €250,000 (documentaries/post-production). Rate depends on Cultural Test and project characteristics.
● Co-production eligible● Service work eligible● Cultural test required● VFX eligible
Upcoming deadlines
25 Aug 2026Application deadline
3 Oct 2026Application deadline
28 Mar 2027Application deadline
Source: ICA (Instituto do Cinema e do Audiovisual) · verified 5 Apr 2026