Malaysian Government Welcomes More Hollywood Film VFX Work with Base Media
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KUALA LUMPUR, Malaysia, Dec. 17, 2020 /PRNewswire/ Ministry of Communications and Multimedia Malaysia ( KKMM ) and National Film Development Corporation Malaysia ( FINAS ) today announced that they approved the 30% incentive under the Film In Malaysia Incentive ( FIMI ) for the VFX work completed by Base Digital Production, a subsidiary of Base Media, on Star Wars: The Rise of Skywalker (Episode IX). Through FIMI, the cost-of-production for studios to outsource production work to Malaysia-based companies is competitively comparable with neighboring regions. The ease of application and the seamless process of FIMI allows for big productions like Star Wars, Netflix s 6 Underground, and The Mandalorian to obtain FIMI Rebate. Thus, FINAS is welcoming international applicants to take advantage of the incentives that Malaysia has to offer.