Abdel Aal stated that a series of major amendments aim to support small businesses and achieve tax stability without imposing additional burdens on compliant taxpayers.
Speaking at a meeting with the Giza Chamber of Commerce, she
said the event was part of a plan to clarify the provisions of Law No. 157 of
2025, which includes new tables for subjection and exemption, regulations for
goods and services, and updated examination and registration procedures.
Osama El Shahed, head of the Giza Chamber of Commerce,
affirmed the Chamber's commitment to cooperating with the ETA to provide
accurate information to its members and facilitate understanding of value-added
tax amendments. He announced that the chamber would organize training workshops
in partnership with the ETA.
Saeed Fouad, an advisor to the ETA head, explained that Article
5 of the new law simplifies registration and inspection processes by shifting
to a fully electronic system, which reduces human intervention and
administrative burdens. He noted that the implementation of this article is
optional, based on the taxpayer's request.
Mohsen El-Gayar, director of the Integrated Communication
Center, highlighted that the small projects law offers clear advantages for
businesses with an annual turnover not exceeding EGP 20 million. This aims to
integrate them into the formal economy without imposing new burdens, while also
facilitating registration and ensuring access to government services and
technical support.
El-Gayar further explained that Article 7 mandates taxpayers
to join the e-invoice and e-receipt systems. The e-invoice system applies to
business-to-business (B2B) transactions, while the e-receipt system connects
businesses to final consumers (B2C). These systems are designed to enhance
transparency, combat tax evasion, and ensure fair competition.
The meeting also addressed Article 42 of Income Tax Law No.
91 of 2005, which concerns real estate disposal tax. This tax, set at 2.5% of
the total contract value, is paid once by the seller and is required for
registration at the Notary Public.
The Egyptian Tax Authority (ETA) concluded the meeting by emphasizing that the new system is intended to support all taxpayers and ease their compliance. The ETA urged taxpayers to quickly join the electronic systems to benefit from the available legal facilities and ensure tax stability.