Motion picture, video and television programme activities

ISIC 591 activities are not listed as 'Qualifying Activities' under the Free Zone regime. Income generated from motion picture production and distribution is generally treated as taxable at 9% because it either constitutes 'Excluded Activities' or involves the exploitation of Intellectual Property, which is specifically carved out from the 0% preferential rate for Free Zone Persons unless meeting very narrow R&D criteria.

Audit Red Flag

Recharacterizing 'Royalties' from film distribution as 'Qualifying Income' from services to bypass the 9% rate on Intellectual Property income.

Not sure which activity applies to you?

Scout maps your business description to the correct activity code automatically.