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PSIC 2019 · Sub-class
59111

Complete production of motion picture, video and television programme activities

Open to 100%

Complete production of motion picture, video and television programme activities.

Excludes

  • Film duplication (except reproduction of motion picture film for theatrical distribution) as well as audio and video tape, CD or DVD reproduction from master copies (class 5911 exclusion) 1820
  • Wholesale of recorded video tapes, CD's, DVD's (class 5911 exclusion) 4649
  • Retail trade of video tapes, CD's, DVD's (class 5911 exclusion) 4762
  • Post-production activities (class 5911 exclusion) 5912
  • Sound recording and recording of books on tape (class 5911 exclusion) 5920
  • Television broadcasting (class 5911 exclusion) 6020
  • Film processing other than for the motion picture industry (class 5911 exclusion) 7420
  • Activities of personal theatrical or artistic agents or agencies (class 5911 exclusion) 7490
  • Renting of video tapes, DVD's to the general public (class 5911 exclusion) 7722
  • Real-time closed captioning of live television performances of meetings, conferences (class 5911 exclusion) 8299
  • Activities of own account actors, cartoonists, directors, stage designers and technical specialists (class 5911 exclusion) 9000

Foreign ownership

Open to 100%

This activity is not on the 12th Foreign Investment Negative List. A foreign investor may hold up to 100%, subject to the minimum-capital rules below.

Recommended route

Foreign-owned corporation

Up to 100% foreign equity (SEC)

One Person Corporation

A single foreign owner

Branch office

Extension of a foreign parent

Compare all company structures

Registration path

  1. 1

    SEC

    Incorporate the entity

  2. 2

    BIR

    Tax registration and books

  3. 3

    LGU

    Barangay clearance and Mayor’s permit

  4. 4

    Regulator

    Sector license, if the activity needs one

Emerhub files each step with the government; you provide the documents and information.

Minimum paid-up capital

SituationUSDPHP
Domestic-market enterprise (>40% foreign)Paid-up capital for foreign equity above 40% serving the local market. Legal basis: FIA (RA 7042 as amended).$200,000≈ ₱11.4M
Reduced thresholdAt least 50 direct employees, or advanced technology. Legal basis: FIA (RA 7042 as amended).$100,000≈ ₱5.7M
Export enterpriseExports at least 60% of output. Legal basis: Corporation Code (RA 11232).≈ $88₱5,000

Bold is the figure the law sets; the other column is an approximate conversion at ₱57 to USD 1.