Activities auxiliary to insurance and pension funding

Activities under ISIC 662, specifically insurance brokerage and risk assessment, are generally classified as 'Excluded Activities' under the UAE Corporate Tax regime for Free Zone Persons. While they are 'Auxiliary', they fall under the umbrella of regulated financial intermediation. Unless the income is derived from a 'Qualifying Activity' like 'Headquarter Services' (which is rare for this ISIC), the income is subject to the 9% statutory rate.

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Recharacterizing 'Insurance Brokerage' or 'Claims Management' fees as 'Consultancy' or 'Administrative Services' to bypass the Excluded Activity list under Article 3.

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