To receive 35% refund, a production must fulfil three requirements:
– Minimum local spend of ISK 350 million.
– The project must have at least 30 working days in Iceland, consisting of shooting days or post-production days. Of the 30 working days, a minimum of 10 shooting days in Iceland is required.
– The number of crew members working directly on the project shall be 50 at a minimum, with all payments taxed in Iceland.

For all productions, when more than 80% of the total production costs are incurred in Iceland, the reimbursement is calculated based on the total production cost incurred within the European Economic Area (EEA).