Arab Republic of Egypt 

Country Overview

Capital City:

Cairo

Chief of State:

-

Head of Government:

-

Area (sq km):

1,001,450 (land & water)

Population:

84.5 million

Revenue Overview

Revenue Authority:

Egyptian Tax Authority

Administration Head:

Mr Ahmed Rifaat ABDEL GAFFER
ETA Commissioner

Institution Address:

*

-

'

Phone:

+202 27 94 47 19

7

Fax:

+202 27 92 07 74

;

e-Mail:

eta.itunit@yahoo.com

Country Correspondent:

Dr. Hassan Abdalla Ali SALEM

Ministry - Deputy Head of Central Department

Contact Details:

(

Mobile:

+202 01 01 70 35 81

'

Phone:

+202 24 03 48 96

'

Phone:

+202 24 03 48 93

;

e-Mail:

hassanabdalla@yahoo.com

Tax Rate Overview

Personal Income Tax:

Tax Year:

Calendar Year

Tax Rate:

Progressive up to 20%.

• Income tax is imposed on the worldwide income of Egyptian residents. Non-residents are subject to tax on income earned or realised in Egypt.
• Individuals must submit a declaration of income before 1 April following the end of the tax year and must pay tax based on the declaration. Employment income is taxed by withholding at source.

Corporate Tax:

Tax Year:

Accounting Year

Tax Rate:

20% - 40.55%

• The standard rate of corporate tax in Egypt is 20% for manufacturing, trading and services companies, and 40.55% for companies engaged in the exploration and production of oil and gas. The Suez Canal Authority, the Egyptian Petroleum Authority and the Central Bank are taxed at 40%.
• Egyptian corporations are subject to corporate profits tax on their profits derived from Egypt, as well as on profits derived from abroad, unless the foreign activities are performed through a permanent establishment located abroad. Foreign companies resident in Egypt are subject to tax only on their profits derived from Egypt.

Consumption Tax:

Nature of the Tax:

General Sales Tax (GST)

Tax Rate:

110% (The standard GST rate is 10%. GST rates changes between 0 - 30%.)

Filing & Payment:

All companies must prepare and file a monthly sales tax return with the relevant sales tax authority.

Economic Overview

GDP per capita (PPP) %:

6367.00 US$ (2010)

Tax to GDP Ratio %:

14.23%

Inflation Rate %:

10.7%

Currency:

Egyptian Pound