We aim to help and support small investors, startups and entrepreneurship projects through the first package of tax facilities

Proposed Simplified Tax System helps Small Businesses and Entrepreneurs benefit from incentives, expansion and growth

We have space for development and simplification in accordance with current tax legislation, and we started moving on to improve the service to our taxpayers

We will follow the path of "trust, partnership and certainty" in tax reform We initiated critical solutions to some of the challenges posed by the business community

We aim to announce the first package of facilities for the real estate tax and customs system in the coming weeks

We believe in the importance of listening to private sector stakeholders in open meetings that enrich the "state of dialogue"

We are developing financial policies to become more supportive of private sector investments in production, manufacturing and export

We are working on completing the debt reduction strategy and improving its indicators, to provide financial spaces to stimulate priority economic activities, and increase spending on health, education and social protection

 

 

 

Minister of Finance, Ahmed Kouchouk, stressed that supporting the private sector is the top priority of financial policies to attract more investment flows and drive economic growth, explaining that we aim to help and support small investors, startups and entrepreneurship projects through the first package of tax facilities.

 

The Minister told representatives of organizations, society, entrepreneurs and experts during the Economic Forum in Hurghada organized by the Center for International Private Enterprise in cooperation with the Businessmen Association in Alexandria entitled: "Private Sector Participation and Stimulation of Entrepreneurship" that the proposed simplified tax system helps small enterprises and entrepreneurs to benefit from incentives, expansion and growth.

 

He added that we have space for development and simplification in accordance with the current tax legislation, and we have begun to move on to improve the service to our taxpayers, pointing out that we will follow the path of "trust, partnership and certainty" in tax reform, and we have initiated decisive solutions to some of the challenges posed by the business community.

 

He pointed out that we aim to announce the first package of facilities for the real estate tax and customs system in the coming weeks, stressing that we believe in the importance of listening to private stakeholders in open meetings that enrich the "state of dialogue".

 

The Minister explained that we are working on developing fiscal policies to become more supportive of private sector investments in production, manufacturing and export. We are also working on completing the strategy of reducing debt and improving its indicators to provide fiscal spaces to stimulate priority economic activities and increase spending on health, education and social protection.