Egypt Introduces Specialized Tax Units for Investors
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Sulaiman
- . May 15, 2025
- . Update: May 16, 2025 1:14 pm
Egypt’s Ministry of Finance recently announced the establishment of specialized tax units. Each of these units will provide services specifically to major investors and exporters. This new unit is aligned with Egypt’s overall effort to improve the investment environment and the openness of tax transactions.
Mohamed Maait, the Minister of Finance, announced that there will be three units, one tailored for large taxpayers, one for companies located in free zones, and one for companies in investment zones. These specially focused tax units are intended to expedite services to businesses in a more efficient manner to allow them to resolve their matters quickly and to understand their tax responsibilities.
The Department of Finance stated the strategy is to build relationships with businesses in Egypt by simplifying procedures and improving communication with companies that invest in operating in Egypt. Establishing these specialized units coincides with attempts to increase foreign investment and subjected business in Egypt to this urgency.
The Ministry has introduced a digitized tax system, which will enable businesses to complete procedures like registration, invoicing, and filing returns online. The modernization of the tax system is expected to remove red tape, combat corruption, and make compliance less burdensome, and ultimately more efficient.
