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Egypt set to mandate tax ID validation for B2B sales

Businesses selling into Egypt will be required to validate their B2B buyers’ Tax Registration Number (TRN) and Unique Identification Number (UIN). This is essential to justify zero-rating transactions under the reverse charge VAT mechanism. Multinational companies offering digital and remote services must incorporate automatic tax ID validation mechanisms. Companies must register with the Egyptian Tax Authority for the new tax ID validation service. Egyptian businesses procuring digital services from international sources will need to secure a UIN. The new tax ID validation method, including the validation of the UIN, is enforced starting 1 November 2024, and Egyptian businesses can start applying for UINs from 1 October 2024.

Source Fonoa



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