The Government is planning to present the “Law on Films” to Parliament. The draft law has been prepared, in order to support the domestic Mongolian film industry and foreign films set in Mongolia by creating the necessary economic environment for film making. In addition a comfortable tax and customs regime will be created for foreign film makers.
The draft law also proposes to return 40% of investment by foreign film makers from a “Film Support Fund”. The law on film aims to more clearly define state policy on the industry; additional measures include sending some film makers for training abroad and to export Mongolian films internationally.