ARTICLE · 26 DECEMBER 2024
New Social Insurance Contribution Amounts
Effective January 1, 2025, the minimum social insurance contribution salary amount will increase to EGP 2,300 (up from EGP 2,000) and the maximum will increase to EGP 14,500 (up from EGP 12,600).
Effective January 1, 2025, the minimum social insurance
contribution salary amount will increase to EGP 2,300 (up from EGP
2,000) and the maximum will increase to EGP 14,500 (up from EGP
12,600). Due to these increases, employers in Egypt should:
- adjust their employee social insurance contribution thresholds
to align with the updated limits by January 1, 2025; and
- submit updated salary information using an official 'Form 2
Social Insurance' document by January 31, 2025.
Employers with over 100 employees are additionally required to
provide a soft copy of the 'Form 2' document on a compact
disc or flash drive along with the hard copy of the form. Failure
to adhere to the new social insurance contribution requirements or
submit the necessary documentation by the respective deadlines may
result in administrative penalties and fines.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
View source
