A new decree was issued by the Egyptian Minister of Finance suspending VAT on machines and equipment (including production lines) imported for factories and production units if the industrial producer meets specific requirements. The VAT Law provides for a suspension of 9% of the VAT for the said category of imported machines and equipment. Accordingly, the VAT is collected at a flat rate of 5% if the service provider meets the specified requirements, as will follow.
Source: amereller.com
Latest Posts in "Egypt"
- Egyptian VAT Amendments to Support Healthcare and Medical Industries
- Egypt enacts second tax facilitation package with significant VAT and compliance changes
- Egypt Cuts Medical-Device VAT to 5%, Extends Suspension Periods and Reshapes Exemptions
- Egypt Revamps VAT Law to Expand Digital Tax System and Sector Relief
- Egypt monthly VAT filing & compliance 2026 — deadlines, Form No. 10, penalties
