Portugal’s new tax incentive scheme for medium and large-scale film and audiovisual productions is now active. The regulations, designed to boost the sector, took effect today, according to government announcements. Applications for funding under the new regime will open on February 29th. This initiative aims to attract investment and stimulate production within the Portuguese film and audiovisual landscape. Details regarding eligibility criteria and application procedures have been released by the government. The scheme is expected to support a range of projects, from feature films to television series and documentaries. Officials anticipate a significant increase in both domestic and international co-productions as a result of the incentives.