Cyprus offers a cash or tax rebate of up to 45% of the BTL and 25% of the ATL expenditures (minus local taxes) which are made in the Republic of Cyprus.  Qualifying projects are scripted films, TV series, documentaries, and reality programs which promote local culture. Foreign productions work with a locally registered company like the PSN Greece Partner to qualify for the more suitable option.

The minimum qualified expenditure must reach €200.000 in the case of feature films, €100.000 for TV drama series or self-contained drama films, €50.000 for documentaries for TV or cinema broadcast and €30,000 for other TV programs.

Eligible applicants will also be entitled to the return of VAT on expenditure upon approval of a production audit. The entire state aid, in any combination of the above incentives, cannot exceed 50% of the total production budget.

Tell us about your project and we’ll share how we can help tap you in to the Cyprus rebate.

Chile now offers a cash rebate of up to 40% for production of feature films, TV series, or digital platform series (OTT). The minimum qualified spend in the country is USD 1 million, but for exclusively Regional Productions this amountÂstarts at USD $200.000. The incentive cap is USD 2 million.

Foreign producers access the rebate by establishing a co-production agreement with a local producer like the PSN Chile Partner.

Contact us to discuss the details of your project, and how we can work together to make it happen in Chile.

Portugal offers two distinct forms of a incentive for filmmakers executing projects on the mainland, as well as on the archipelagos of Madeira and Açores.  The two cannot be combined.  Our local team can help producers tap into these funds for international projects.

In a bid for larger scope projects, the Portugal Film Commission has announced that film and TV productions with a minimum qualifying expenditure in Portugal of 2.5M EUR may receive a 30% cash refund on the first 2M EUR. There is a cap of 6M EUR for feature films and per season, or 3M EUR per episode.

Smaller scope fiction and animation projects with qualified minimum expenditure in Portugal of 500.000 EUR may be eligible for a cash rebate of 25% to 30%. Documentaries and post-production may also qualify with a minimum expenditure in Portugal of 250.000 EUR for documentaries or post-production.

A cultural test and the characteristics of the project are taken into consideration. for the rebate. Influential factors include high economic impact in Portugal, expenses made in low density areas, hiring local actors, technicians, services, and suppliers.

 Call on us for more details on how we can help your project secure this funding.

The UK is in the process of changing from its existing Production Tax Relief to AVEC. For projects that commence principle photography before April 1, 2025, the existing Production Tax relief can be applied.

UK Audio Visual Expenditure Credit (AVEC)

The UK offers a net value of up to a 25.5% to 29.5% expenditure credits on non-UK projects that are partly or fully made within the UK.
Television Commercials are currently not part of the incentive.

Qualifying sectors are feature films, high-end television (HETV), animation, children’s TV.

25.5% – Features Films, HETV (80% of *core expenditure, no budget limit)

29.25% -Animated films, animated TV, and children’s TV

40%- UK** Independent Film Tax Credit for budgets between £1M -£15M

*March 2024 UK government has lifted 80% cap on total eligible expenditure for VFX spending in the UK for productions allocating over 5% of their budget to VFX.

** Official UK Co-Production or UK Director

Projects must qualify as British by either passing a Cultural Test (a points’ based series of questions mostly focussed on the cultural content, crew, locations, cast) or can qualify as an official co-production.

Theatrical productions, orchestral concerts, and exhibitions are also able to reclaim tax and have their own set rates and requirements but do not need to apply for and pass a cultural test.

Direct inquiry is requested for gaming incentives.

Please contact for further questions and information.

Foreign producers who wish to access incentives in Brazil must set-up a local corporation or partner with a local company like the PSN Brazil Partner to facilitate the needed paperwork.

Brazil does have treaties and agreements with countries in North America, Latin America, and Europe which enable international co-productions to qualify for various types of governmental support, assuring that co-produced material is eligible for investor tax credits. Certain states provide additional tax credits.

Nevertheless, the main incentive to shooting in Brazil is savings on local crew, transport, locations, and general production expense which can be 30-50% below the US equivalent. Contact us to learn more.

Tap into our team’s expertise with an email providing details of your project.

The Korean Film Council provides a filmmaking incentive of 20-25% to producers of feature films, television series, and documentaries financed by at least 80% foreign capital. Commercials do not qualify.

A more than 5-day shoot with qualified expenditure of 100 million KRW (approx. USD 80,000) can access a 20% cash return. The rebate increases to 25% for a minimum 10-day shoot making qualified expenditure of 800 million KRW (approx. USD 600,000).

There is a per project cap of 200 million KRW on the national incentive. Regional incentives – providing as much as 300 million KRW for more than 4 days filming in Seoul – can be added on top of the national funds granted for qualifying projects.

The incentives are granted upon favorable review by committee taking into consideration the extent to which the work promotes tourism and contributes to the Korean film industry and the degree to which the foreign producer participates in the production.