Taxation in Egypt

Managing Partner

A country’s tax system, which is an outcome of tax policy, plays a significant role in the overall fiscal policy. Egypt introduced its first tax law in 1939 which imposed taxes on business and labor gains (i.e. Law No. 14 of 1939) and on agricultural land (i.e. Law No. 113 of 1939).Other tax laws were issued in the subsequent years.

The Egyptian Government has adopted a new income tax law as from June 2005. Now, all companies are equal under the law, new tax holidays and special exemptions were eliminated, and the rules for multinational companies were improved. Egypt now uses a definition of permanent establishment; new rules for transfer pricing and thin capitalization are in place.


July 2017
The Minister of Finance has issued the following decrees: - MD no. 195 of 2017 to be enforced as from the period starting 1/7/2017 to 31/12/2017 for tax credit computation concerning the salaries’ tax.
July 2017
The law no. 76of 2017 has been issued to be enforced as from June 19th 2017 amendment the income tax law no. 91 of 2005 concerning the change of the legal entity form of legal persons and stamp duty tax law no. 111 of 1980 with regard to stamp duty on securities transactions.

EL Mawsoa

Several years ago written by experts EL Mawsoa came from our concern to keep our clients and our employees informed and up to date with strong practical approach to the latest tax issues,

tax changes and tax research in Egypt so they can have the available tools to make the best decision for their business it is continually ranked as one of Egypt's leading tax newsletter ,it is available in hardcopy and online format.

February 21, 2018