The Ministry of Finance issued decree no. 188 of 2023 (9 Apr 2023) providing for a change in the regulations concerning:
- Value added tax (VAT): In all cases of tax withholding or refund prescribed by articles nos. 22 and 30 of the law, no documents other than the e-invoices will be counted with in withholding or refunding the tax, with effect from 1 July 2023, as regards those recorded in the e-invoice system. This will not apply to the paper invoices previously issued by the responsible persons.
Source: KPMG
Latest Posts in "Egypt"
- Key Requirements for VAT Refund Requests in Egypt: Documents, Deadlines, and Electronic Invoices
- Egypt Launches Second Tax Facilities Package to Streamline VAT Refunds and Boost Business Liquidity
- Egypt Introduces VAT Exemptions, Extended Payment Suspension in New Tax Facilitation Package
- Egypt Issues VAT Guidance on Exported Services, Zero-Rating Most Remote B2B Transactions
- Egypt Issues Clarification on VAT Rules for Manpower Supply Services
