• Egypt Tax Features

  • Taxable Basis
    Egyptian tax resident companies are taxed on their worldwide income whereas foreign tax resident companies are taxed only on income generated in Egypt

    Taxable Period
    Financial year

    Corporation Tax Rate(s)
    The standard rate of corporate income tax is 22.5%. In addition, a 5% surtax is imposed on the taxable amount exceeding EGP1 million for 3 years beginning with the 2014 financial year

    Ordinary Tax Losses
    Can be carried forward for 5 years.

    Capital Gains
    Yes, on disposal of securities

    Capital Gains Tax Rate(s)
    • 10% on capital gains on securities registered at the Egyptian Stock Exchange that are sourced in Egypt.
    • Standard corporate tax rate on capital gains on securities not registered with the Egyptian Stock Exchange that are sourced in Egypt, capital gains on securities realized abroad and capital gains on shares.

    Capital Losses
    Yes, can be carried forward for 3 or 5 years.

    VAT
    Yes, Goods and Services Tax (GST)

    GST Standard Rate
    10%

    GST Reduced Rate(s)
    0%/5%

    GST Registration Threshold
    • 1EGP for import and export.
    • 54,000 EGP for services and manufacturing.
    • 150,000 EGP for trading.

    GST Filing & Payment
    Monthly

Compare Egypt to other jurisdictions and see the difference in corporation tax rates, tax residency requirements, VAT rates, capital gain taxes, etc.

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