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Egypt's new tax e-invoice system: Everything you need to know

The new system obliges all companies registered for VAT and selling taxable goods or services to register and submit electronic invoices.
22.12.22 | Source: Zawya

The Egyptian Tax Authority had announced earlier that self-employed professionals are obliged to register in the e-invoice system. But this did not sit well with several syndicates.

As a result, Egyptian Minister of Finance Mohamed Maait directed the Egyptian Tax Authority (ETA) to extend the deadline for all single entities to register in the e-invoice system to April 30th, 2023, instead of December 15th, 2022.

Doctors, engineers, and lawyers syndicates took to the streets, protesting the extension amid a divide in their opinions with some supporting the decision and some opposing it.

The finance ministry said it extended the deadline in order to cater to the syndicates’ demands and study their concerns, while ensuring an overall simpler registration process.

Joint committees will be formed by the ETA and different targeted segments, including members of professional syndicates, the ministry said, with the aim to study and facilitate all the obstacles facing targeted segments in the e-invoice system.