Egypt
Taxation in Egypt
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Experience That's Not My Neighbor and Its Unexpected Twists
That's Not My Neighbor offers an engaging resident-screening experience. Players take on the role of a doorman controlling access to an apartment building. Each character who appears provides information that must be carefully verified. Unexpected situations ensure the gameplay always feels fresh.Mysterious CharactersA key draw of the game is its diverse cast of characters. Players must ch
Total Posts: 1 Last post by Stephaninney
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%.