Value Added Tax
Uber finally responds to Egypt’s Value Added Tax Law
Business
February 20, 2019
Uber finally responds to Egypt’s Value Added Tax Law
Ride-hailing app Uber will finally pay the Value Added Tax (VAT) in Egypt, fulfilling Law No. 67/2016, Minister of Finance…
Taxes on cars below 1600 ccs will be reduced to LE65,000 in January: Official
Business
December 1, 2018
Taxes on cars below 1600 ccs will be reduced to LE65,000 in January: Official
Adviser to the Finance Minister for customs Magdy Abdul Aziz said on Tuesday that in the event of the…
Egypt and Japan sign a grant to establish automated VAT system
Egypt
July 8, 2018
Egypt and Japan sign a grant to establish automated VAT system
Egypt and Japan on Sunday signed a LE15.5 million grant agreement to support the establishment of an automated system for…
Saudi Arabia, UAE introduce VAT in push to boost revenue
Middle East
January 2, 2018
Saudi Arabia, UAE introduce VAT in push to boost revenue
Saudi Arabia and the United Arab Emirates welcomed the new year on Monday with a series of measures aimed at…
Tax revenues reach LE60 billion this year, Finance Ministry
Business
October 25, 2017
Tax revenues reach LE60 billion this year, Finance Ministry
Deputy Minister of Finance for taxation policies Amr al-Munir said tax revenues witnessed an increase after the implementation of the…
Egypt’s foreign reserves surge to $36.1 in August: CBE
Economy
September 6, 2017
Egypt’s foreign reserves surge to $36.1 in August: CBE
Egypt’s foreign reserves increased to $US 36.143 billion in August from $US 36.036 in July, surpassing, for first time, pre-January…
Mobile phone bills to increase between 5% and 7%
Business
September 21, 2016
Mobile phone bills to increase between 5% and 7%
Mobile phone bill rates are set to increase by between 5 and 7 percent due to the application of Value…
Sisi ratifies law replacing sales tax with VAT
Business
September 9, 2016
Sisi ratifies law replacing sales tax with VAT
President Abdel Fattah al-Sisi has ratified the new law on Value Added Tax (VAT), according to a report in The…
Egyptian parliament approves value-added tax at 13 percent
Business
August 30, 2016
Egyptian parliament approves value-added tax at 13 percent
Egypt's parliament approved on Monday a long-awaited law introducing a value-added tax of 13 percent, rising to 14 percent in…
Parliament approves VAT bill at 13 percent tax rate
Business
August 29, 2016
Parliament approves VAT bill at 13 percent tax rate
Egypt's House of Representatives gave its initial approval for a bill to introduce Value-Added Tax (VAT) during preliminary discussions in…