- Egypt is implementing a phased e-invoicing and e-reporting mandate for all VAT-registered businesses to modernize tax processes and increase transparency.
- The system requires electronic issuance, signing, and transmission of invoices for B2B, B2C, and B2G transactions via a government platform.
- The rollout began in 2020 with large taxpayers and has gradually expanded to include medium, small businesses, professionals, and foreign entities with taxable activities in Egypt.
- Businesses must register on the ETA platform, obtain a digital certificate, integrate their systems, and ensure invoices meet specific technical and data requirements.
- Non-compliance with the e-invoicing mandate can result in penalties.
Source: vatit.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.
Latest Posts in "Egypt"
- Procedures and Requirements for VAT Refund Requests at the Egyptian Tax Authority
- Key Requirements for VAT Refund Requests by the Egyptian Tax Authority (2023 Update)
- Egypt Exempts Remote Tech Service Exports from VAT, Attracting Multinational Investment and Job Growth
- Egypt Clarifies Zero-Rated VAT Rules for Exported Services, Boosting Global Competitiveness
- Egypt Issues Comprehensive Guide on VAT for Exported Services to Clarify Tax Rules
