Mongolia to Launch 30% Film Production Incentives

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Mongolia to Launch 30% Film Production Incentives
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Mongolia is to launch film production incentives from early next year. The move adds to the attractions of a varied and little-exploited country. The country’s parliament in Ulaanbaatar approved th…

The country’s parliament in“We have been promoting Mongolia as a location since 2017 when we joined AFCNet [the Asian Film Commissions Network]. Now we have a government that is willing and planning for development of the content industries,” Orgil Makhaan, president of the Mongolian National Film Commission toldMongolian National Film Commission

The new law introduces two other rebates: a 10% cultural incentive available to productions that highlight Mongolian culture and heritage; and a 5% foreign crew and talent incentive. Several jurisdictions in Asia have introduced production incentive schemes over the past few years, including Malaysia, Thailand, The Philippines and Qingdao in China. Some schemes may be small in scale, but locations managers report that studio production heads expect to be able to access soft money schemes and that without them their locations and allied industries were at a disadvantage.

“We are working hard to make sure that all the details are ready by January. Accessing the scheme is likely to require a Mongolian partner or the establishment of a local company. And we’d expect the production to use some local crew, though having an international cast is not going to be a problem,” said Makhaan.

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