Financial and insurance activities

3 activity divisions

Excluded · 9% taxable

Forensic Analysis

DZ requiredSubstance: HIGHAI-derived

Under the UAE Corporate Tax regime, activities within ISIC Code K are explicitly categorized as Excluded Activities. This means income derived from these activities is subject to the 9% Corporate Tax rate even if the entity is a Qualifying Free Zone Person (QFZP), unless the specific sub-activity qualifies under the narrow 'Fund Management' or 'Reinsurance' carve-outs which require stringent regulatory compliance.

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Legal Reference

Ministerial Decision No. 229 of 2025, Article 3, Clause 1

Audit Red Flag

Attempting to reclassify 'Banking' or 'Insurance' income as 'Headquarter Services' or 'Treasury/Financing' to exploit the 0% Qualifying Activity rate.

Browse divisions

ISIC 64

Excluded · 9% taxable

Financial service activities, except insurance and pension funding

55 licensable activities

DZ required

ISIC 65

Excluded · 9% taxable

Insurance, reinsurance and pension funding, except compulsory social security

12 licensable activities

DZ required

ISIC 66

Excluded · 9% taxable

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