Taxes are a vital tool in managing the economic affairs of any country, serving as a significant source of funding for governmental projects and stimulating economic growth.

Taxes represent more than 75% of the revenue allocated in the state's general budget, which collects taxes through tax invoices issued during commercial transactions.

In recent years, the concept of "Transfer pricing" has gained prominence within the tax landscape of Egypt. This concept, introduced to achieve fiscal equilibrium and fairness...

Multinational enterprises (MNEs) leverage intercompany transactions to optimize operations and centralize functions.

There is no doubt that in 2021 the two major topics overwhelming the international tax community are the Base Erosion and Profit Shifting and the multilateral convention to implement tax treaty-related measures to prevent BEPS.

Liquidation is the process of closing a business and settling its financial and legal obligations, whether due to bankruptcy or a decision by partners or investors. During this process, assets are sold, and financial obligations are settled. This is where Value-Added Tax (VAT) comes into play, as compliance with applicable tax laws is required.

This decree has been issued on the 12th of November 2018.

Andersen Egypt, a leading law and tax firm in the country, has become the first in its field to harness the power of artificial intelligence (AI) in order to increase the efficiency and effectiveness...

In the landscape of global finance, Egypt is steadily emerging as a premier destination for offshore incorporation and banking.

Transfer pricing in Egypt has swiftly garnered global attention as an indispensable aspect of international business and finance. In contexts where promoting transparent business operations...

On March 3rd, Law No. 4 of 2021 was promulgated by President Abdel Fattah Al-Sisi. The new law amends some provisions of Law No. 16 of 2018 and establishes funds to honor and support the families...

Income taxes are one of the most important sources of revenue for any country, and they have been imposed in Egypt for many years.

On 30 December 2023, Cabinet Decree No. 77 of 2023 was issued, which grants new tax incentives to some industrial investment projects under the Investment Law No. 72 of 2017 (the "Decree")...

On November 11th, 2020, Customs Law No. 207 of 2020 was published in the Official Gazette after its ratification from President Abdel Fattah El-Sisi. The new law addresses the shortcomings...

E-commerce and taxation has witnessed widespread growth in Egypt, and it has become a project that has been attracting attention in recent years.

In exception for companies that provides a bank certificate approving that the revenue is collected in equivalent Egyptian pounds.

The above-mentioned Decree has been issued to emphasize on VAT refund process acceleration in order to facilitate the payments for the companies either who still need to complete their documents...

Tax exemptions are certain exceptions to the general tax system, primarily used as tax incentives within the framework of the State's fiscal policy.

Thin capitalization is a tax term that refers to a situation in which a company has a high level of debt and relatively low equity.

Intra-group financing is a key area of international taxation, involving financial transactions between related companies across jurisdictions. A parent company may provide a loan to a subsidiary, or one subsidiary may provide financing to another group company. Because these transactions take place between related parties, the terms and conditions of the financing must be consistent with the Arm’s Length Principle.