New measure to reinforce the position of Portugal on the international route of cinematographic and audiovisual creation and production.
The Portugal Film Commission (PFC) is a project group recently created by Resolution of the Council of Ministers No. 85/2019, of 31 May, to contribute to strengthening the position of Portugal on the international route of cinematographic and audiovisual creation and production.
This project group meets the objectives of fostering and promoting the film industry in Portugal as a preferred international shooting destination and as a country that has attractive and competitive conditions justifying being on the route of international producers; removing red tape obstacles.
The PFC was created following the work of the interministerial group that launched initiative "PIC Portugal Filmar em Portugal", a platform which is being redesigned and that offers integrated online services in order to, in particular, meet the needs of the players in this industry and modernise and streamline administrative procedures and permits to shoot in Portugal.
Under this recent piece of legislation, the PFC will be contributing to publicize the Tourism and Cinema Support Fund, in Portugal and abroad, as an instrument designed to attract cinematographic and audiovisual production to Portugal. Through Decree-Law no. 45/2018, of 19 June, this Fund created a new incentive to encourage production and shooting in Portugal.
The Fund aimed to replace the prevailing tax regime by a more favourable incentive mechanism to cinema and audiovisual production, through the system of cash rebate. This is a grant regime, contingent upon the fulfilment of cultural and cinematographic audiovisual requirements, indexed to the production cost in national territory. The incentive to cinematographic and audiovisual production and attraction of...