Are these tax credits or cash rebates?+
Cash rebates. Thailand, the Philippines, and Malaysia each pay cash against verified local spend after production. A tax credit offsets a tax liability; a cash rebate arrives as money, which changes how it models in a cash flow. Indonesia has no national program for foreign productions at all.
What does each market pay, and what is the minimum spend?+
Thailand pays 15–30% from a THB 50 million minimum, with no per-project cap since January 2025. The Philippines pays 20–25% under FLIP, capped at PHP 25–30 million, from a PHP 20 million minimum for a feature. Malaysia pays 30–35% under FIMI, from a MYR 5 million minimum for production or MYR 1.5 million for post alone.
When does the incentive application have to start?+
Before qualifying spend begins. Thailand requires the application structured and registered ahead of spend. Malaysia requires filing with FINAS at least three months before production starts. The Philippines awards FLIP selectively against an annual budget, so timing decides whether a project is considered at all.
Is there a separate rebate for post and VFX work?+
Yes. Thailand pays a separate 20% cash rebate on post, VFX, and animation from THB 5 million per contract, with no requirement to shoot in the country. Malaysia’s FIMI also accepts post-only applications from MYR 1.5 million.
When should we start the conversation?+
Earlier than most productions expect. The rebate application has to be structured and registered before qualifying spend begins, Malaysia requires filing at least three months before production starts, and Thai stages run tight in the cool-dry season. The calendar rewards productions that call months ahead.
Which markets can Kinetic SEA operate in?+
We have produced in Thailand, the Philippines, and Taiwan, and hold standing joint-venture relationships in Malaysia and Indonesia. Thailand, the Philippines, and Malaysia all carry cash rebates; Indonesia has no national incentive for foreign productions, so it is budgeted as a cost and logistics decision.