Bulgaria Cash Rebate for Film Productions
Bulgaria has a cash rebate program known as the 25% Cash Rebate. This incentive provides producers with a straightforward 25% return on eligible expenses. However, there are some key limitations. The rebate is capped at $1.1 million per project, while the annual budget cap sits at $4.3 million.
Besides, eligibility is required for a local co-producer, service company, or registration in Bulgaria or in European jurisdictions. The foreign companies shall also provide proof of being registered for at least two years as a film company-a condition which may lead to delays or even hindrance for a new player entering the market. Moreover, unclear application deadlines and strict requirements have made the procedure difficult to be handled.
While Bulgaria does provide incentives, there is a need to look into more flexible and rewarding alternatives. Enter Thailand, with a superior rebate structure and unmatched production benefits as a filming destination.
Thailand Film Tax Rebate
Thailand’s Incentive Measures grant producers a very competitive, flexible, and rewarding rebate system. At its core, producers have a base rebate of 15% on eligible expenses. Beyond that, Thailand’s program provides additional rebates, adding up to a potential total rebate of 20%.
- 5% for promoting tourism and portraying Thailand positively.
- 3% for hiring Thai key personnel.
- 3% for filming in tourism-designated locations.
- 2% for spending at least 15% of eligible expenses on post-production in Thailand.
- 5% Special Economic Boost for projects with local spending exceeding $2.9 million (THB 100 million).
Thailand’s rebate cap per project is $4.4 million (THB 150 million), way higher compared to Bulgaria. This makes it ideal for larger productions looking to maximize returns. The only requirement is getting permits and working with a local coordinator, which Mbrella Films can expertly handle.
Thailand Tax Rebate vs. Bulgaria Tax Rebate
| Incentive Category | Thailand | Bulgaria |
|---|---|---|
| Additional Rebates | 20%+ | None |
| Per Project Cap | $4.4m | $1.1m |
| Application Clarity | Clear guidelines and deadlines, providing you full control over your schedule/timeline | Lacks Clarity |
| Additional Value | Bonuses for promoting tourism, hiring Thai talent, and utilizing designated locations | None |
Thailand Filming Locations
Pine Forest
Pine forests in the northern region of Thailand blanket the mountains and hills, setting up a perfect backdrop and ambiance for any film production.
Western Houses
Unknown to many, western houses are located outside of Bangkok, ideal for filming. These houses are beautifully built, structurally sound, and mimic homes built in the West.
Studios
Bangkok is home to a multitude of studios, equipped with the latest equipment, sound systems, lights, and everything a production team needs. Filmmakers can easily find and rent a studio in Bangkok without traveling far to find one.
City
Bangkok’s bustling metropolis with neon-dotted cityscape sets the tone for any film production in the heart of the city. Meandering through the heart is the famed Chao Phraya River, perfect for capturing heartfelt and romantic scenes along the river boasting a rich backdrop showcasing Thailand’s icon temples and pagodas.
Islands
With over a thousand islands dotting Thailand’s rolling coastline and the Andaman Sea, each island has charm, mystery, and beauty. Towering, jagged cliffs remain untouched by human hands and serve as a home to the wild animals hiding within the rock crevasses or underwater schisms.
Beaches
Thailand’s sun-kissed beaches are second to none. Layered with soft, white, silky sand, crystal clear waters, and lush terrain, Thailand’s southern beaches serve as the ideal filming location for dramas, romantic comedies, and action and adventure films.
Mountains
North Thailand is home to impressive, lush mountain ranges. During winter months, Doi Inthanon and Doi Suthep are cloaked in a sea of fog and the grass is blanketed by dewdrops every morning.
Set Buildings
Crew & Gear
Thailand is one of the global production hubs, having a large pool of very skilled, internationally trained crew members. Most have previously worked on high-profile blockbusters, international TV series, and high-profile commercials, ensuring that the very best expertise is available.
- English-speaking professionals: Communication barriers are virtually nonexistent.
- Local and highly experienced teams: These professionals know the ins and outs of Thailand’s production ecosystem.
- World-class equipment availability: From cutting-edge cameras to specialized rigs, Thailand offers everything needed to execute your vision.
Mbrella Films makes navigating these resources seamless. With more than a decade of experience, Mbrella Films offers comprehensive services for international productions, from pre-production to post. We make it easy to find the perfect locations, get permits, arrange logistics, and connect you with the best crew and equipment to make the production process smooth and hassle-free.
Ready to make the most of your next production? Let us connect you to a local producer who can help you prequalify for Thailand’s rebate program.
