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.

On 23rd of February, 2017 the Egyptian President Abdel Fatah El Sisi issued the presidential decree no. 155 of 2016 ratifying the Income Tax Treaty concluded between Egypt & Kuwait on 16th of December 2014.

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

On July 25, 2023, new significant amendments were issued to the Investment Law No. 72 of 2017 (the "Investment Law") by virtue of Law No. 160 of 2023 (the "Amendment"), in particular regarding...

Those who rent property will not be considered tax payers, but are joint partners of the tax payer to pay the tax within the duration of their lease.

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.

President Abdel Fattah El-Sisi announced this step for the first time in February 2024 as part of a comprehensive package of measures aimed at mitigating the impact of inflation.

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")...

Capital gains, as defined by the updated legislation, is the net profit realized from a securities portfolio at the end of a given tax year.

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.

Taxes are an essential source of income for both developing countries, and countries with strong economies. It is an effective financial tool for financing state expenditures...

The Income Tax Law No. 91 of 2005 provides many benefits and exemptions for income derived from commercial and industrial activities or activities carried out by legal entities.

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...

In the intricate landscape of transfer pricing, the Transactional Net Margin Method (TNMM) stands out as the "joker," renowned for its exceptional...

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.