Article 7 provides a corporate tax exemption for persons engaged in an Extractive Business (e.g., oil, gas, minerals). The exemption is conditional: the person must hold a right or concession from a Local Government, be effectively subject to an Emirate-level tax, and notify the Ministry. If such a person also conducts other non-exempt business, that other business is subject to corporate tax. Ancillary business activities with revenue below 5% of the total are not considered separate. The article mandates separate accounting for taxable activities and deems transactions between the extractive and other businesses as Related Party transactions.