VATupdate

Share this post on

Important Points on VAT Compliance for E-commerce

  • Compliance with tax laws is important for project owners and individuals conducting e-commerce activities online
  • E-commerce includes providing services online through electronic platforms, websites, applications, etc.
  • E-commerce practitioners must register for income tax within thirty days of starting their activities
  • Those who sell goods or provide a service amounting to 500,000 Egyptian pounds per year or part thereof must register for value-added tax
  • Registration for value-added tax must be done from the first day of practicing any of the activities mentioned in the schedule accompanying the Value Added Tax Law
  • For more inquiries, visit the E-Commerce Unit at Mahmoudia Building in Maadi or contact them via email or hotline
  • Visit the provided link to request registration or call the hotline for more information.

Source: facebook.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements: