During the session, Kouchouk said low-cost financing will be allocated to the first 100,000 individuals who voluntarily join the simplified tax system. The move aims to increase tax certainty among investors, encourage business expansion, and ensure the effective implementation of the incentives in the second package.
The Egyptian Tax Authority (ETA) announced in 2021 the tax rates for all activities related to e-commerce and online content creation, including bloggers and YouTubers.
Under the system, individuals with net income below EGP 15,000 are exempt from paying taxes, while applicable rates range from 2.5 percent to 25 percent, depending on net income levels.
Kouchouk said the ministry is also working to closely monitor the application of tax incentives and facilitate investment in artificial intelligence and technological tools within the ETA.
These measures aim to modernize tax administration, strengthen institutional capacity, and improve services provided to taxpayers through data-driven decision-making.
He stressed that gaining the responsiveness of taxpayers and the business community is “the biggest gain,” adding that providing an easy and high-quality tax service is the least that can be offered to financing partners.
The second package of tax incentives forms part of Egypt’s broader efforts to expand the tax base rather than increase the tax burden on existing taxpayers, in line with recommendations by the International Monetary Fund.
The package also seeks to support compliant taxpayers through a wide range of benefits and incentives, including the introduction of White List and Excellence Card programmes, priority access to specialized services, and a mobile application to simplify real estate transactions.
In addition, the government plans to shift from a capital gains tax to a stamp duty to stimulate institutional investment in the Egyptian Stock Exchange.
According to the ministry, implementing the package and closely following up on its impact is expected to provide liquidity to the industrial and export sectors, reduce financing costs, boost productive capacity, and enhance foreign investor confidence, particularly in export-oriented activities.
Egypt’s tax revenues rose by 35 percent during the July–October period of FY2025/2026, with income tax revenues increasing by 45.6 percent to EGP 205.5 billion, while property tax revenues climbed by 32.3 percent to EGP 157.3 billion.
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