The Thai government is considering increasing the value of its production rebate scheme in order to improve the country’s competitive position in the race for international film and TV shoots.
The current scheme was introduced in 2017 and offers a 15% rebate against location spending for those projects spending a minimum of THB50 million ($1.49 million) on services in the country. The current rebate can be increased to a total of 20% of local spending, if the film hires Thai crew in key positions (3%) and is considered a benefit to national tourism promotion (2%). The rebate is capped at THB75 million ($2.24 million).
Earlier this month Danucha Pichayanan, secretary-general of the National Economic and Social Development Council, said the Centre for Economic Situation Administration was considering increasing the production incentives to 30% for productions spending THB50…
