Sovereign Verdict
EXCLUDED
Statutory ISIC
014
Regulatory Activity Scope
Animal production
"Primary animal production (ISIC 014) is classified as an extractive/primary industry. Under MD 229 of 2025, income from primary production is generally excluded from 'Qualifying Income' unless the activity is transformed into a secondary manufacturing process (e.g., ISIC 10) within a Designated Zone. Forensic focus is on the point of sale: raw biological assets vs. processed goods."
Forensic Audit Red Flag
Recharacterization of raw livestock sales as 'Manufacturing and Processing' to illicitly claim the 0% rate
Statutory Authority
Ministerial Decision No. 229 of 2025, Article 2, Clause 4
Nexus Requirement
Physical farm infrastructure within a Designated Zone and MOCCAE veterinary licensing
2026 Substance Compliance
- Core Income Generating Activities (CIGA)
- Local Full-Time Employment Test
- Adequate Local OPEX