Mining of metal ores

Mining of metal ores is classified as an 'Extractive Activity'. Under the UAE Corporate Tax framework, income from extractive activities is excluded from the 0% Qualifying Free Zone Person regime to preserve the sovereign taxing rights of individual Emirates. Forensic auditors will verify if the entity is attempting to apply the 0% rate to ancillary services that are inextricably linked to the excluded extraction process.

Audit Red Flag

Artificial fragmentation of extraction and processing activities to mischaracterize excluded extractive income as qualifying manufacturing income.

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