Together, we share access of unprecedented tax incentives for every individual and company in Egypt

We are committed to following up the implementation of "Tax Facilities" on the ground to achieve a tangible improvement in tax services

We aim to expand the tax base with a great deal of “trust and partnership” that motivates voluntary commitment

Small enterprises, entrepreneurs and startups have been our top priorities to stimulate its growth in the Egyptian economy

We have completely moved away from everything that hinders the registration of small investors. The hand of "The Tax Authority" extended to them with assistance and support

9 tax exemptions in the first simplified and integrated tax system for any activities whose revenues do not exceed 20 million pounds annually

We are considering additional incentives and funding support for the first 50,000 taxpayers who apply to register for the first time in the simplified tax system

Tax registrants can take advantage of other benefits provided by the State, whether in financing or exporting

Alaa Al-Saqti, President of the Federation of Associations of Small and Medium Enterprises:

It is very important for all SME owners to benefit from the tax facilities and incentives

We will communicate with them directly and invite them to benefit from all these advantages

The Minister of Finance plays an influential role in driving economic activity and stimulating investment

 

 

Minister of Finance, Ahmed Kouchouk, assured that the Federation of Associations of Small and Medium Enterprises is an "essential partner" in the success of the implementation of the first package of tax facilities, and that together we share access to unprecedented tax incentives for every individual and company in Egypt.

 

The Minister said, in an open dialogue at the Federation of Associations of Small and Medium Enterprises with the heads of investors' associations in the governorates in the presence of Sherif El-Kilany, Deputy Minister for Tax Policies, Yasser Subhi, Deputy Minister for Fiscal Policies, and Rasha Abdel Aal, Commissioner of the Egyptian Tax Authority, that we are committed to following up the implementation of the first package of tax facilities on the ground for a tangible improvement in tax services, pointing out that we aim to expand the tax base with a great deal of "trust and partnership" that stimulates voluntary commitment.

 

He added that small enterprises, entrepreneurs and startups have been at the forefront of our priorities to stimulate their growth in the Egyptian economy, and that when establishing tax facilities, we have completely moved away from everything that hinders the registration of small investors, and that the hand of "The Tax Authority" has reached them with assistance and support, explaining that there are 9 tax exemptions in the first simplified and integrated tax system for any activities whose revenues do not exceed 20 million pounds annually.

 

He pointed out that we are considering additional incentives and funding support for the first 50,000 taxpayers to register for the first time in the simplified tax system, stressing that tax registrants can benefit from other advantages provided by the State, whether in financing or exporting.

 

Alaa Al-Saqti, President of the Federation of Small and Medium Enterprises, said that it is very important for all owners of small and medium enterprises to benefit from tax facilities and incentives, and that we will communicate with them directly, and we invite them to benefit from all these advantages, pointing out that the Minister of Finance, with this new approach in dealing with the tax file, plays an influential role in driving economic activity and stimulating investment.