The government has ended the customs exemption on mobile phones brought into the country by travelers, effective as of 12:00 pm on January 21st, 2026.

The current Egyptian effort to reform the fiscal system thus lies at the core of the country’s economic revamp. Over the past decades, the government has launched a series of initiatives to modernize the tax structure and broaden its portfolio, aiming to create revenue generation, investment locale, and other conducive conditions for investors. The journey has already been punctuated by waves of tax incentives.

Investors in Upper Egypt governorates, classified as “Area A”, are eligible for tax deductions of up to 50% of investment costs, Minister of Investment and Foreign Trade Hassan El-Khatib stated.

Egypt’s Minister of Finance Ahmed Kouchouk announced the second package of tax incentives, saying it forms part of a wider plan to ease procedures for the taxpaying community.

Minister of Finance Ahmed Kouchouk confirmed that Egypt's new budget will not include any tax increases, emphasizing instead a strategy to broaden the tax base as a mutually beneficial move for the state and taxpayers.

Egyptian President Abdel Fattah El-Sisi has directed various entities and authorities to replace the fees they charge with a single unified additional tax on net profit.

Egypt’s cabinet approves a draft law regulating the mechanism for exchanging information for tax purposes under international agreements, aiming to combat tax evasion and strengthen financial transparency.

The Egyptian government is planning to submit a draft law to the parliament in February to cancel the capital gains tax on the Egyptian Exchange (EGX) transactions and reimpose a flat stamp tax.

The Egyptian House of Representatives has greenlit a draft law submitted by the government on amending some provisions of the Unified Tax Procedures Law issued by Law No.206 of 2020.

Egyptian Minister of Finance Ahmed Kouchouk expressed optimism and commitment to strengthening ties with the business community following the House of Representatives' approval of new tax incentives and facilitation laws.

Egypt’s general budget recorded a primary surplus of EGP 130.2 billion from July to October in fiscal year (FY) 2024/2025, equivalent to 0.76% of gross domestic product (GDP).

The first package of tax facilities marks a solid start for partnership with the business community in order to improve the investment climate, Minister of Finance Ahmed Kouchouk stated during a parliamentary session.

he Egyptian Minister of Finance Ahmed Kouchouk has announced new legislative amendments, including setting a ceiling for tax fines.

The government has unveiled the first batch of the tax facilities package aimed at boosting the country’s tax system, promoting investments, and driving economic growth, Minister of Finance Ahmed Kouchouk stated.

The new tax facilities package for small and medium-sized enterprises (SMEs) will come into effect in November.

The Head of the Egyptian Tax Authority (ETA) Rasha Abdel Aal has signed the BRICS Framework Agreement for Cooperation in Tax Fields in Moscow, marking Egypt’s commitment to enhancing its tax administration in alignment with the BRICS countries.

The Egyptian Minister of Finance Ahmed Kouchouk has outlined three main financial policy priorities for the near future, aimed at boosting economic stability for citizens and investors.

The new income tax law will be a surprise to all, as it was drafted in line with international tax authorities’ standards to foster the transparency-based relationship between the Egyptian Tax Authority (ETA) and taxpayers, Deputy Head of the ETA Sayed Saqr stated.

Taxes levied on capital gains arising from the sale of securities listed on the Egyptian Exchange (EGX) will be collected as of the tax season of March-April 2025 through Misr for Central Clearing, Depository and Registry (MCDR).