Egypt: VAT increased to 14%

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Egypt: VAT increased to 14%

intl-updates-small.jpg
abdel-rahman.jpg

Samar Abdel Rahman

The Egyptian Minister of Finance Amr El Garhy has announced that the VAT rate will increase by one percentage point, effective July 1 2017. The general VAT rate will now be 14% instead of 13%, subject to the provisions of the Egyptian VAT Law No. 67/2016.

According to the VAT Law, the increase on VAT rate shall be applied to all goods and services except those listed in the exemption table, which include goods and services such as nutrition goods, and health and educational services. The VAT rate increase shall not be applied to goods and services subject to table tax only, and not subject to the general VAT. This category of products includes cigarettes, petroleum products, fertilisers and construction services.

For the goods considered as entertainment goods, such as soda drinks, air condition devices, perfumes and cosmetics, the 1% increase on the general VAT rate will be applied in addition to the relevant table tax rate applied to each category.

Samar Abdel Rahman (samar.abdel.rahman@eurofast.eu)

Eurofast Egypt

Tel: +20 100 6578928

Website: www.eurofast.eu

more across site & shared bottom lb ros

More from across our site

Firms are spending serious money to expand their tax advisory practices internationally – this proves that the tax practice is no mere sideshow
The controversial deal would ‘preserve the gains achieved under pillar two’, the OECD said; in other news, HMRC outlined its approach to dealing with ‘harmful’ tax advisers
Former EY and Deloitte tax specialists will staff the new operation, which provides the firm with new offices in Tokyo and Osaka
TP is a growing priority for West and Central African tax authorities, writes Winnie Maliko, but enforcement remains inconsistent, and data limitations persist
The UK tax agency has appointed six independent industry specialists to the panel
The two tax partners have significant experience and expertise in transactional and tax structuring matters
Katie Leah’s arrival marks a significant step in Skadden’s ambition to build a specialised, 10-partner London tax team by 2030, the firm’s European tax head tells ITR
Increasingly, clients are looking for different advisers to the established players, Ryan’s president for European and Asia Pacific operations tells ITR
Using tax to enhance its standing as a funds location is behind Luxembourg’s measures aimed at clarifying ATAD 2 and making its carried interest regime more attractive
Encompassing everything from international scandals to seismic political events, it’s a privilege to cover the intriguing world of tax
Gift this article