- New Validation Requirements: Businesses in Egypt must validate the Tax Registration Number (TRN) and Unique Identification Number (UIN) of their B2B buyers to correctly apply the reverse charge VAT mechanism. Non-resident vendors offering digital or remote services must register with the Egyptian Tax Authority (ETA) to ensure compliance.
- Simplified Registration and API Access: The ETA has provided instructional video guides to help non-resident vendors register under the simplified vendor registration regime. Access to an API verification system is necessary for compliance, and vendors can obtain credentials from the ETA.
- UIN Acquisition and Management: The ETA offers detailed guidance for local businesses to acquire UINs. UINs are valid for one year and must be regularly revalidated. Failure to validate TRN+UIN pairs will result in transactions being treated as B2C, incurring a 14% VAT charge and potential penalties for non-compliance.
Source Fonoa
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