Naman Ramachandran The FilmPhilippines Office of the Film Development Council of the Philippines (FDCP) has trebled its annual filming incentives budget from $1 million to $3 million, effective from 2022.The Philippines offers a range of incentives, including rebate schemes for local and international projects.“Electric Child” by Swiss Simon Jaquemet, produced by Switzerland’s 8horses GmbH with local production company Epicmedia Productions, was recently approved to receive a 20% cash rebate on its eligible expenses in the Philippines under the Location Incentive Program.
The fund requires a minimum qualified production spending of PHP 8 million ($160,000) in the Philippines in order to receive a 20% cash rebate that is capped at PHP 10.
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