New Tax File Registration Rules for Companies in Egypt
In recent developments, the Egyptian Tax Authority has issued comprehensive guidelines to regulate Tax File Registration at the Joint Stock and Investment Departments located in Cairo. These guidelines primarily focus on geographic areas and tax offices merged since 2020, ensuring a streamlined and efficient tax administration process. This initiative aims to streamline administrative procedures and […]
Investment and tax incentives for Green Hydrogen projects in Egypt
Green Hydrogen in Egypt The global transition towards clean energy has created significant opportunities for countries like Egypt to leverage their natural resources and develop innovative renewable energy solutions. One such promising area is the production of green hydrogen – which as per Article 1 of Law No. 2 of Year 2024 is: “Hydrogen produced […]
VAT Refund from ETA
Intro Nowadays, Egypt runs multiple international projects with direct foreign investments. To fulfill these projects, foreign companies register branches in ARE under intergovernmental agreements, concession agreements, and other contracts with specific tax incentives. Most tax exemptions are applied to indirect taxes, such as VAT. In this case, a lot of companies pay VAT on incoming […]