Saad confirmed that the decision included specifying the
required application form for benefit which is Form No. 10 and specifying the
declaration of withdrawal from benefit which is Form No. 11. He confirmed that
the decision clarified the conditions under which withdrawal from the
application can take place which is after several years.
The decision included specifying the mandatory documents and
books and records that must be kept under the new law whether electronic or
paper according to John Saad.
The decision is related to stakeholders interested in Law
No. 6 of 2025 regarding tax facilitations and facilitation measures for
projects with annual business not exceeding 20 million Egyptian pounds.
Saad said that the step is very important for accountants
and tax advisors and business owners targeted by this law. He said that
stakeholders should review the provisions to ensure compliance and to obtain
the facilitation measures.