Gathering of non-wood forest products

ISIC 023 pertains to primary production and extraction of natural resources. Under the UAE Corporate Tax framework for Qualifying Free Zone Persons, primary sector activities (agriculture, forestry, and extraction) are generally not listed as Qualifying Activities. Unless the activity is ancillary to a 'Qualifying Manufacturing' process or involves 'Distribution of Qualifying Commodities' on a recognized exchange, the income is subject to the standard 9% rate.

Audit Red Flag

Attempting to reclassify 'Gathering' (primary extraction) as 'Processing' or 'Distribution' to qualify for the 0% rate under the Qualifying Income regime.

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