Mining and quarrying

ISIC Code B pertains to the extraction of natural resources. Under the UAE Corporate Tax regime for Qualifying Free Zone Persons, the extraction of natural resources is explicitly categorized as an Excluded Activity. This ensures that such activities are either subject to the standard 9% Corporate Tax rate or remain under the jurisdiction of Emirate-level taxation (Sovereign Right) rather than the 0% Free Zone incentive.

Audit Red Flag

Recharacterization of extraction revenue as 'technical consulting' or 'logistics management' to circumvent the Excluded Activity definition.

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