Financial service activities, except insurance and pension funding

ISIC 64 activities, specifically banking and credit intermediation, are explicitly categorized as Excluded Activities under the Qualifying Free Zone Person regime. While 'Investment Management' or 'Head Office' functions may qualify under different codes, the core financial services to third parties under ISIC 64 trigger the 9% Corporate Tax rate on all associated income.

Audit Red Flag

Attempting to reclassify prohibited third-party interest income as 'Treasury and Financing Services to Related Parties' to exploit the 0% regime.

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