Headline rate 35%
Type Cash rebate
Minimum spend No minimum for the standard 25% rate; ISK 350 million of production costs incurred in Iceland is one of the conditions for the 35% rate
Administered by Icelandic Film Centre (applications) and the Committee on Reimbursement for Film Production; reimbursement paid from the State Treasury
Program status active
Last verified 2026-11-10
Summary only — incentive terms change. Confirm current terms with the administering body before committing to a location.