Taxation Law
Tax and customs duty laws in Egypt
Types of Taxes
Value Added Tax (VAT)
Tax on goods and services14%
- Applied to most goods and services
- Exemptions for basic goods
- Reduced 5% rate for tourism
Income Tax
Tax on individual and corporate incomeProgressive
- Exemption up to 15,000 EGP annually
- Rates from 2.5% to 25%
- Corporate tax 22.5%
Customs Duties
Duties on imported goodsVariable
- Varies by type of goods
- Trade agreements reduce duties
- Protection for local industries
Stamp Tax
Tax on transactions and documentsFixed
- Applied to contracts
- Checks and bonds
- Banking transactions
Income Tax Brackets
Up to 15,000 EGP
Tax exempt
0%
15,001 - 30,000 EGP
First bracket
2.5%
30,001 - 45,000 EGP
Second bracket
10%
45,001 - 200,000 EGP
Third bracket
15%
Over 200,000 EGP
Top bracket
20%
Tax Exemptions
- Basic salary of government employees
- Pensions and retirement
- Stock market profits (up to limit)
- Agricultural activity income
- Donations to charities
- Education and medical expenses