Film Incentive
Overview
Film making like all other industries is dependent on financing and cost effectiveness. Thailand offers incredible production value with the added attraction of a proven film incentive.
Thailand’s Rebate Incentive
The Thailand Film Incentive Measures are a cash rebate on local Baht spend. To qualify a film permit needs to be obtained. A minimum spend of 50 million Baht is required for 15% and a spend of over 150 million Baht or meeting certain requirements for a 20% rebate. The maximum rebate is now 150 million Baht per film or episode.
15% – 20% of Baht spend is rebated on audited accounts; the rebate is transferred direct to the overseas account of the beneficiary in USD.
Thai Occidental Productions has consistently achieved over 90% of all Thai spend to qualify for the rebate.
The Incentive Rebate is straightforward, reliable and has a proven record. Although a lower percentage than some countries, the infrastructure, competitive suppliers, expertise of crew and lower costs makes Thailand by far the best production value in the region.
The Thailand Film Office which runs the incentive, is helpful and constructive. Film making is valued with tolerance and understanding of creative content and freedom.