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International

CO-PRODUCTION

Join Motion Pictures is a distinguished production company with a focus on both leading-edge projects and durable international partnerships. For having co-produced feature fiction films, shorts and documentaries: we always are looking for new, exciting collaborations. 

With our extensive industry experience and intimate knowledge of Iceland, we will guide you every step of the way through Iceland's new 35% tax rebate application process, location scouting, casting, and every other facet of filming in Iceland. 

FUNDING OPTIONS IN ICELAND

Iceland has a reimbursement scheme for film and TV production costs spent on the territory. The scheme is simple, transparent, and effective, and offers a refund of up to 35% of the production cost.

Join Motion Pictures will handle the Tax Rebate from start to finish and make sure that your production enjoys its full benefits. 

The Icelandic Film Fund:

  • The Icelandic Film Fund supports selective international co-productions

  • Applications can be submitted any time during the year

  • Takes approximately 8-12 weeks

  • Not Recoupable  

Evaluation criteria:

  • Icelandic minority producer

  • Artistic participation by Icelandic cast and crew

  • Degree of involvement by Icelandic producer and overall Icelandic expenditure

  • A letter of commitment to distribute the film in Iceland

25% Tax Rebate: 

  • Film & TV production costs incurred in Iceland are eligible for reimbursement

  • Easy, straight-forward online application system

  • Applications can be submitted any time of the year, but before production starts

  • Does not cover production of commercials or music videos

 

35% Tax Rebate conditions: 

  • Minimum of 350 Millions ISK (2.5 Millions $) of the production cost spent in Iceland

  • Minimum of 30 working days in Iceland (pre-production, shooting or post-production); and minimum 10 shooting days on the territory

  • Minimum of 50 people hired and taxed in Iceland over the project, for a total of at least 50 working days altogether

Icelandic productions are entitled to receive European content status due to Iceland's membership in the European Economic Area. Productions are classified as European material when released in Europe, without affecting any quotas on the release of non-European content material there. Iceland is also a member of Eurimages, the film fund of the European Council, which allows Icelandic producers to apply for production grants on European co-productions.​

ICELAND-AT-A-GLANCE
iceland at a glance nico_edited.png

  • Average summer temperature is 12°C(54° F), with an average winter temperature of 1-2°C (33-35°F)

  • Long, bright days begin in Iceland towards the end of April, with ample daylight lasting into September. A phenomenon known as the 'Midnight Sun' leaves nearly 24 hours of daylight in the sky during peak summer.

  • Due to its proximity to the Arctic Circle, Iceland is one of the best places in the world to witness the Northern Lights, which are most visible from September - April.  

  • Location: North Atlantic

  • Population: 364,134 (2020)

  • Language: Icelandic, English and Danish are widely spoken

  • Size: 103,333 km2 (39,770 sq mi)

  • Electrical current: 220 volts, 50 HZ AC

  • Currency: Icelandic Krona (ISK)

  • Time: Greenwich Mean Time

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