Mali [Large-mine title holder] → Russian Federation (refine) → United Arab Emirates · Reconcile assays and pay the balance

حيث تبدأ البضاعة

Doré bar - unstamped → Doré bar - stamped/exporter-sealed

• Taxe due par les exportateurs d'or et autres produits miniers non régis par le Code minier

  2% of the export value (CGI art. 253-AJ) Export of artisanal and small-mine gold

  نص القانونالمبلغ غير مؤكد

  • Code général des impôts (edition consolidated to LFR 2017), arts. 253-AG to 253-AK; LPF art. 227-T

• Impôt spécial sur certains produits (ISCP) on gold ingots

  5% for 'Lingots d'or' (NTS 7108.13.10.00) and other mining products; reduced by 2 percentage points (to 3%) for 10 years, not renewable, for mining companies that signed a memorandum with the State after renegotiating their conventions Gold ingots and other mining products

  نص القانونالمبلغ غير مؤكد

  • CGI art. 240 (as replaced by Ord. 2025-015); Décret 2025-0732, Décret art. 1-2 and annex

• Impôt spécial sur certains produits (ISCP) on gold ingots and mining products, rates under Décret 2022-0555 (superseded)

  5% on gold ingots (Lingots d’or) Gold ingots (Lingots d’or) and marble, the mining products in the annex of Décret 2022-0555

  نص القانون

  • CGI art. 240 (nouveau) and 240 A; Décret 2022-0555/PT-RM (annex), Décret n°2022-0555/PT-RM du 20 septembre 2022 (JO n°31 du 30 sept. 2022) art. 1er: rates as in the annex

    “Les taux de l'Impôt spécial sur certains produits (ISCP) applicable aux produits visés à l'article 240 (nouveau) et à l'article 240 A du Code général des Impôts sont fixés tels qu'ils figurent en annexe au présent décret.”

  • CGI art. 240 (nouveau) and 240 A; Décret 2022-0555/PT-RM (annex), Annexe, Produits miniers, NTS 71.08 13 10 00 (the record parses the annex into the section of art. 3)

    “71.08 13 10 00 Lingots d'or 5%”

  • CGI art. 240 (nouveau) and 240 A; Décret 2022-0555/PT-RM (annex), Décret n°2025-0732/PT-RM art. 3: abrogation of Décret 2022-0555

    “Le présent décret abroge toutes les dispositions du Décret n°2022-0555/PT-RM du 20 septembre 2022 fixant les taux en matière d'Impôt spécial sur certains Produits (ISCP).”

  • CGI art. 240 (nouveau) and 240 A; Décret 2022-0555/PT-RM (annex), Décret 2025-0732, signature date

    “Bamako, le 29 octobre 2025”

  • CGI art. 240 (nouveau) and 240 A; Décret 2022-0555/PT-RM (annex), Code minier 2023 art. 134 (tax base)

    “La base taxable de l'ISCP est le chiffre d'affaires hors taxes.”

  • CGI art. 240 (nouveau) and 240 A; Décret 2022-0555/PT-RM (annex), Code minier 2023 art. 134 (ISCP on mining products)

    “Les produits miniers sont soumis à un impôt spécial dit " Impôt spécial sur certains Produits " (ISCP)”

• Redevance de surproduction (overproduction royalty)

  20% if sales exceed the feasibility-study production by 30%-40%; 30% for 40%-50%; 40% above 50%

  نص القانونالمبلغ غير مؤكد

  • Décret 2024-0396, art. 200

• Taxe ad valorem (TAV) on mining production

  Gold, by London PM spot price per ounce on the valuation day: ≤USD 1,000: 3%; >1,000-1,300: 3.5%; >1,300-1,600: 4%; >1,600-2,000: 6%; >2,000-2,500: 7.5%; above USD 2,500 'chaque augmentation de USD 400 voit la taxe ad valorem augmentée de 0,5%' (rate column: 'Taux à déterminer') Gold and other mining products; the State may take it in kind as doré with its certificate of origin (Décret art. 194)

  نص القانونالمبلغ غير مؤكد

  • Code minier 2023; Décret 2024-0396, Code art. 134; Décret art. 194

• Droit de timbre on export intentions for gold and cotton (superseded)

  600 FCFA per 50,000 FCFA or fraction up to 500,000 FCFA; 3,000 FCFA per 500,000 FCFA or fraction above Export intentions for gold and cotton

  نص القانونالمبلغ غير مؤكد

  • CGI art. 425 (Ordonnance 2015-19), art. 425

• Contribution to the geological and mining research fund

  0.50% of quarterly turnover

  نص القانونالمبلغ غير مؤكد

  • Code minier 2023, art. 94, 99

• Contribution to the mining infrastructure fund

  1% of quarterly turnover plus 10% of the TAV for the first five years from first production; the 1% rises to 2.5% after the first five years of production Mining turnover

  نص القانونالمبلغ غير مؤكد

  • Code minier 2023, art. 94, 98

• Contribution to the local development mining fund

  0.75% of turnover for the quarter Mining turnover

  نص القانونالمبلغ غير مؤكد

  • Code minier 2023, art. 94, 95

• Droit de timbre on export intentions for mining products

  1.2% on the tranche up to 500,000 FCFA; 0.6% on the tranche above Export intentions for mining products and cotton

  نص القانونالمبلغ غير مؤكد

  • CGI art. 425 as replaced by Ord. 2025-015; Décret 2024-0396, Ord. 2025-015 art. 1; Décret art. 199; Code art. 138 n

• Artisanal exploitation permits go only to natural persons or groups of natural persons of Malian nationality or nationals of countries granting reciprocity to Malians (Code art. 66). Collectors must also be Malian or reciprocity nationals and hold a carte professionnelle (Décret 02-536 art. 5).

  نص القانون

  • Code minier 2023; Décret 02-536, Code art. 66; Décret art. 5

• Resident travellers to non-UEMOA states: foreign-banknote allocation at most 3,500,000 FCFA per trip (Instr. 06/07/2025 art. 2); declare foreign-currency cash above 3,000,000 FCFA (art. 4); may carry CFA notes up to 500,000 FCFA (art. 6); surrender foreign notes above 500,000 FCFA within 8 working d…

  3,000,000 FCFA (resident declaration); 500,000 FCFA (non-resident declaration; CFA notes carried out)

  نص القانونالمبلغ غير مؤكد

  • Règlement 06/2024/CM/UEMOA; Instruction 06/07/2025/RFE; Ord. 2024-011, Annex II art. 45-50, 53; Instruction art. 2-7; Ord. art. 70-71

• For customs purposes, goods whose export needs an authorisation or special formalities are 'prohibées' (Code des douanes art. 31); the prohibition is lifted by the authorisation, which is personal and may not be transferred. A declaration may not be accepted without the documents required for forei…

  نص القانون

  • Code des douanes 2022; Code minier 2023, Douanes art. 31, 133, 432, 445; Code minier art. 212

• In large mines the State takes a free participation of at least 10% (Code art. 78), non-dilutable (Décret art. 26 b; Code art. 82), with a priority dividend of 10% of net profit (art. 79); it has a 12-month option to buy up to 20% more in cash (art. 80); and the company must cede 5% of its shares t…

  نص القانون

  • Code minier 2023; Décret 2024-0396; Ord. 2026-004, Code art. 78-80, 82; Décret art. 26, 108; Ord. art. 2, 5

• Dealers in precious metals and stones are DNFBPs ('les personnes se livrant habituellement au commerce ... de métaux précieux', Ord. 2024-011 art. 2 point 26 c) and need authorisation or registration by the competent authority (art. 48). They apply customer due diligence to cash operations at or a…

  CTR 15,000,000 FCFA; special examination 50,000,000 / 10,000,000 FCFA; occasional customers above 9,000,000 FCFA

  نص القانونالمبلغ غير مؤكد

  • Ord. 2024-011; UMOA Décision 021/2023, Ord. art. 2 pt 26 c, 48, 54, 60, 72; Décision art. 4, 5, 8

• Gold from artisanal exploitation and from small mines is sold exclusively to the state comptoir or, failing that, to comptoirs designated by interministerial arrêté of the Ministers of Commerce, Mines and Finance.

  نص القانون

  • Décret 2024-0396, art. 86 al. 2, art. 89 last al.

• Artisanal gold areas in central and northern Mali are affected by armed conflict. Armed groups have fought over gold sites (Gourma, 2021) and finance themselves from the gold trade. Buyers and refiners applying OECD DDG / LBMA RGG should treat Malian artisanal gold as coming from a conflict-affected…

  مصدر ثانوي

  • OECD Due Diligence Guidance (gold supplement)

• Export of fine carbon used in cyanidation, for recovering the gold it contains, is prohibited; it must be treated in certified installations in Mali.

  نص القانون

  • Décret 2024-0396, art. 127

• Exploitation-title holders must refine or transform their mining products in state-owned units installed in Mali; failing state units, an interministerial arrêté of the Ministers of Mines and Finance may authorise other refining units installed in Mali (Code art. 25). Small- and large-mine holders…

  نص القانون

  • Code minier 2023; Décret 2024-0396, Code art. 25; Décret art. 143

• Every import or export of gold needs the prior authorisation of the Minister of Finance or another competent national authority, requested by letter (Règlement art. 20; Annex X). Exempt: Treasury and BCEAO operations; articles containing a small quantity of gold (plated, gold-thread); travellers wi…

  Travellers: gold objects up to 500 g; artisanal samples: up to 100 g of gold

  نص القانونالمبلغ غير مؤكد

  • Règlement 06/2024/CM/UEMOA; Décret 02-536, Règlement art. 20 and Annex X; Décret art. 19-21

• OMASP is the only body allowed to export precious substances from artisanal mining (orpaillage) and small mines. Private comptoirs lose their export role for this gold. Industrial large-mine output is outside the monopoly.

  نص القانون

  • Ord. 2026-013, art. 3

• Exports above 20,000,000 FCFA are domiciled with an authorised intermediary (Instr. 03/07/2025 art. 3; Règlement art. 10). Proceeds are collected and repatriated in full within one month of the payment due date, which may be at most 120 days after shipment; the domiciling bank repatriates at least …

  Domiciliation above 20,000,000 FCFA; temporary gold exports above 500 g

  نص القانونالمبلغ غير مؤكد

  • Règlement 06/2024/CM/UEMOA; Instruction 03/07/2025/RFE, Règlement art. 10-11; Annex II art. 15, 17, 27-28; Instruction art. 3, 7

• The competent authority draws up and circulates the national list of persons and entities linked to terrorist or proliferation financing (Ord. 2024-011 art. 124); the Minister of Finance lists persons and renews administrative asset freezes by arrêté (e.g. arrêtés 2026-0840 to 0842 and 2026-1194…

  نص القانون

  • Ord. 2024-011; MEF arrêtés 2026, Ord. art. 124

• Exported gold must have been chemically and mechanically treated and presented as a titled ingot (lingot titré). An attestation de titrage is required before any export intention is cleared. Exported jewellery must carry the state hallmark (marque de garantie).

  نص القانون

  • Décret 02-536, art. 14, 15, 17, 18

في الطريق

Doré bar - stamped/exporter-sealed → 999.9 kilobar

• VAT on precious metals

  0% on sales of precious metals by mining or producing taxpayers to the State Fund, regional funds, the Bank of Russia and banks (art. 164(1)(6)); 0% on goods exported under the export customs procedure (art. 164(1)(1)); 0% on ores and concentrates sold by miners to listed refiners for refining (art. 164(1)(6³)); exempt: sales of precious metals to the State Fund, CBR and banks by others, bank and CBR sales of bars to banks, sales of refined bars (except silver) by banks, refiners and Goznak to individuals, and bank sales of bars kept in the vault (art. 149(3)(9)); exempt: legal-tender precious-metal coins (art. 149(2)(11))

  نص القانونالمبلغ غير مؤكد

  • Tax Code Part Two, ch. 21, arts. 149(2)(11), 149(3)(9), 164(1)(1), (6), (6³)

• FPP state control of every import from and export to non-EAEU states of goods in tables 1 and 3 of section 2.10 (41-FZ art. 26²; Decree 1137 para 19(b)): the whole batch is presented (for ores and concentrates, HS 2616, the documents only) and controlled within 5 working days; checks of the batch a…

  نص القانون

  • EEC Board Decision 30, Annex 14, Annex 2 (Rules) paras 3, 4, 7, 8, 10; Presidential Decree 1137 paras 19, 19¹, Rules paras 3, 10

• From 1 May 2026 export from Russia of refined gold in bars with a total weight over 100 g by individuals, legal entities and entrepreneurs is prohibited, except (a) to EAEU member states through the international airports Moscow (Vnukovo), Moscow (Domodedovo), Moscow (Sheremetyevo) and Vladivostok (…

  Total weight over 100 g

  نص القانونالمبلغ غير مؤكد

  • Presidential Decree 193 of 25.03.2026; Government Decree 450 of 23.04.2026, para 2, para 4

• Purchase and sale of precious metals (and jewellery and scrap) of RUB 1,000,000 or more is subject to mandatory control and reported to Rosfinmonitoring by the seller within 3 working days; individuals buying jewellery up to RUB 60,000 (RUB 400,000 with a personalised e-payment means) are not identi…

  RUB 1,000,000

  نص القانونالمبلغ غير مؤكد

  • Law 115-FZ, art. 6(1)(4) sixth paragraph; art. 7(1.4-2)

• Only listed refiners, Goznak and credit organisations may sell refined (investment) bars to individuals, and retailers only bars received on commission or agency from them; buy-back dealers and pawnshops may pass bars bought from individuals only to refiners. Deals between individuals in precious me…

  نص القانون

  • Government Decree 604 of 15.05.2024 (Rules paras 3-4, 8); 41-FZ art. 22(6), Rules para 4

• No gold-specific cash-payment limit was found. The RUB 1,000,000 mandatory-control threshold applies whatever the means of payment.

  غير مؤكَّد

• Export to non-EAEU states of goods in tables 1 and 2 of section 2.10 of the EAEU Single List (table 1 includes refined gold in bars, plates, powder and granules, unique and non-refinable nuggets, other unwrought gold incl. dore, scrap, ores and concentrates) requires a licence issued by Minpromtorg …

  نص القانون

  • Presidential Decree 1137 (Regulation paras 4, 22, 23); EEC Board Decision 30, Annex 14 para 5; Minfin Order 10n, paras 4, 22, 23

• Residents must receive export proceeds on their accounts in authorised banks (173-FZ art. 19(1)(1)). Under art. 19(8) this does not apply to contracts priced or payable in foreign currency, except for goods listed there; the list includes HS 7101-7103 and 7112 but not 7108 (gold). Where art. 19 appl…

  نص القانون

  • Federal Law 173-FZ art. 19; Presidential Decrees 79 (para 2) and 430, art. 19(1), (8)

• Traceability: participants must record precious-metal operations in GIIS DMDK, with UINs and electronic accompanying documents between participants; refiners report receipt and shipment of metal in any form.

  نص القانون

  • 41-FZ art. 12², art. 20(2); Government Decree 270 of 26.02.2021, art. 12²

• Refined metal in standard form must, before it enters circulation, be offered by a purchase proposal to the State Fund institution under Minfin and to the authority of the mining region (where a regional fund exists) - for the next year by 31 December, with an additional proposal within 10 working d…

  نص القانون

  • Federal Law 41-FZ, art. 2(5), art. 20(4)-(5)

• LBMA suspended six Russian refiners on 7 Mar 2022; their bars produced from that date are not Good Delivery; Russian bars already in loco London/Swiss before then remain Good Delivery, with clearing banks attesting conformity.

  معيار

• Mined and produced precious metals (except nuggets) must, after the necessary processing, go for refining to organisations on the Government list (41-FZ art. 20(1)); only listed organisations may refine (art. 4(4)); the refining agreement's mandatory terms and the refiner's reporting duties are set …

  نص القانون

  • Federal Law 41-FZ, art. 20(1)

• Switzerland: purchase, import, transit and transport into and through Switzerland of gold under Annex 26 (includes HS 7108) originating in Russia and exported from Russia after 4 August 2022 are prohibited (Art. 14d(1)); the same applies to such gold processed in a third country (Art. 14d(2)) and, s…

  نص القانون

  • Swiss Ukraine Ordinance SR 946.231.176.72 (Stand 21.09.2026), Art. 14d

• EU: it is prohibited to purchase, import or transfer, directly or indirectly, gold listed in Annex XXVI (HS 7108; 7112 91 gold waste and scrap; ex 7118 90 gold coins) that originates in Russia and was exported from Russia into the Union or to any third country after 22 July 2022 (art. 3o(1)); the sa…

  نص القانون

  • Regulation (EU) 833/2014 as amended by 2022/1269, art. 3o

• Japan: import of precious metals originating in Russia and shipped from Russia on or after 1 August 2022 requires the Minister of Finance's permission under FEFTA art. 19(2) (MOF Notice No 443 of 2006 as amended 25 July 2022, item 4); the government announced it on 5 July 2022 as an import ban.

  نص القانون

  • MOF Notice No 443 of 2006 as amended 25 Jul 2022, item 4

• UK: import of gold originating in Russia and exported from Russia on or after 21 July 2022 is prohibited (reg 46Z11, Chapter 4J inserted by SI 2022/850, in force 21 Jul 2022), with prohibitions on acquisition with intent to import, supply and delivery, technical assistance, financial services and br…

  نص القانون

  • Russia (Sanctions) (EU Exit) Regulations 2019, regs 46Z11-46Z16, 46Z16A-46Z16C

• US: import of gold of Russian Federation origin is prohibited from 28 Jun 2022, except gold located outside Russia before that date (OFAC determination under E.O. 14068 s. 1(a)(i)(A), amended version of 22 Dec 2023). U.S. persons may not deal with the Central Bank, the National Wealth Fund or the Mi…

  نص القانون

  • E.O. 14068 and the OFAC determination; E.O. 14024 as amended by E.O. 14114, E.O. 14068 s. 1(a)(i)(A); E.O. 14024 s. 11

    “the importation into the United States of … products of Russian Federation origin”

• Temporary ban from 1 June to 30 November 2026 on export from Russia of precious-metal waste and scrap (HS 7112) and electrical and electronic waste used mainly to recover precious metals (8549 21 000 0, 8549 29 000 0), with exceptions for samples of up to 500 g per batch exported by listed refiners …

  نص القانون

  • Government Decree 558 of 16.05.2026, para 1

• Legal entities, entrepreneurs and artist-jewellers operating with precious metals must be on the FPP special register kept in GIIS DMDK; those that should be registered and are not may not carry out operations (41-FZ art. 13¹(2)). Registration within 30 calendar days of state registration (Rules pa…

  نص القانون

  • 41-FZ art. 13¹; Government Decree 1052 (Rules paras 2, 5), art. 13¹

• Precious metals and products from them are transported by air, sea, inland water, rail or specialised equipped road vehicles under armed escort; raw materials with less than 1% gold (or 5% silver), jewellery, investment metals (within a weight limit set by the Government) and some other items may mo…

  نص القانون

  • Federal Law 41-FZ, art. 29(3)

حيث تصل البضاعة

• Customs duty on gold imports

  0% for goods entering a free zone (FZ Transit In); mainland imports of gold: 0% under the GCC exempted-commodities list (read via WebFetch only) Unwrought and semi-manufactured gold

  إرشاد رسميالمبلغ غير مؤكد

  • Dubai Customs Customer Guide v3.03; GCC common customs law; UAE list of exempted commodities, Customer Guide s.9 (duty suspended for goods admitted into free zones), s.15.12.2

• Domestic reverse charge on precious metals and precious stones between registered businesses

  Recipient accounts for VAT Supplies of gold, silver, platinum, palladium, precious stones and jewellery made of them, for resale or production, between VAT-registered persons, with the buyer's written declaration (CD 127/2024, replacing CD 25/2018)

  نص القانون

  • Cabinet Decision 127/2024; FTA VATP043, Art. 1 (Goods: precious metals - gold, silver, palladium, platinum - precious stones and jewellery mostly of them), Art. 2(1)-(4), Art. 4 (repeals CD 25/2018)

    “Precious Metals, Precious Stones and jewelry made of any Precious Metals or Precious Stones”

• Special reverse charge on gold and diamonds between registrants (Cabinet Decision 25/2018)

  Registered recipient accounts for VAT Gold and products mostly of gold not qualifying for zero-rating, and diamonds, supplied between registrants; exports of gold items and investment precious metals outside its scope (VATP029)

  إرشاد رسمي

  • Cabinet Decision No. 25 of 2018

• Import VAT

  5% standard; 0% for investment precious metals (99%+ purity, tradeable form) Doré is not investment gold, so it is standard-rated; refined bars of 99%+ are zero-rated

  نص القانونالمبلغ غير مؤكد

  • Federal Decree-Law 8/2017 on VAT; Executive Regulation, Art. 3 (5%), 45(8), 48(1), 49; Exec. Reg. Art. 36(2), 48, 50(1)

    “a standard rate of 5% Tax shall be imposed on any supply or Import”

• Precious metals crossing the UAE border must be disclosed; declarations are also required for precious metals over AED 60,000 crossing through cargo, mail or shipments, cargo being declared through the official customs systems.

  AED 60,000

  نص القانونالمبلغ غير مؤكد

  • Federal Decree-Law 10/2025; CBUAE Regulation on the Declaration of Currencies, BNIs, and Precious Metals and Stones (OG 703, 31 May 2021), FDL 10/2025 Art. 10 (duty to disclose, per the disclosure system issued by the ICP with the Central Bank), Art. 41(3) (regulations under FDL 20/2018 remain effective insofar as not conflicting), Art. 34 (penalty)

    “Any person entering into or departing from the State shall be under the obligation to make a disclosure whenever they carry currencies, bearer negotiable instruments, precious metals, or valuable stones, in accordance with the disclosure system issued by the Federal Authority for Identity, Citizenship, Customs and Port Security, in coordination with the Central Bank”

• Dealers in precious metals and stones are DNFBPs for any single cash transaction, or linked transactions, of AED 55,000 or more (CR 134/2025 Art. 3 item 3), and keep records for at least 5 years (Art. 25). The DPMSR report, including for dealings with companies of AED 55,000 or more paid in cash or …

  AED 55,000

  نص القانون

  • Cabinet Resolution 134/2025; MoET Supplemental Guidance for DPMS 2026, CR 134 Art. 3(3), Art. 25(1); Guidance s.1.4.1

    “when carrying out any single cash transaction or several transactions that appear to be linked and whose value equals or exceeds fifty-five thousand dirhams (AED 55,000)”

• Supply-chain entities and precious-metals dealers must have due-diligence management systems, identify and assess supply-chain risks and adopt a risk-management strategy (Decree Art. 1(A)); refiners must also appoint an independent third-party auditor and submit a due-diligence report (Art. 1(B)), u…

  نص القانون

  • Ministerial Decree 68/2024; MoE Due Diligence Regulations v1 (2022), Decree Art. 1(A), 1(B), Art. 3 (penalties under the AML law)

العودة إلى بلد المنشأ: عائدات التصدير