Egypt
Taxation in Egypt
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Taxation in Egypt
Income Tax
Income tax is deducted in accordance with the amount you earn, as listed below. All figures are in Egyptian Pounds:
15% on income between 45,000 and 60,000
20% on income between 60,001 and 200,000
22.5% on income between 200,001 and 400,000
25% on income of 400,001 and over
The taxation rate for resident companies is 20%.
There an agreement between the UK and Egypt called, fittingly, the UK/Egypt Double Taxation Agreement. It may affect your company's tax liabilities. It is recommended that you check your situation and eligibility with an accountant and Taxation Authority.
Corporate Tax
The corporate tax rate in Egypt is 22.5%.
