- Egypt introduced a major tax reform package under Laws No. 148, 149, 150, 151, 152, 153 and 155 of 2026, generally effective 29 July 2026, covering VAT, corporate income tax, tax administration, securities taxation and dispute resolution.
- VAT changes include an expanded exception for goods in transit to cover related services performed under Customs Authority supervision.
- A 14% VAT rate now applies to rentals of buildings and units used independently for business activities, subject to specified exceptions.
- Gypsum, soap and household industrial detergents move from a 5% schedule tax to 14% VAT, with input VAT deduction available; natural gas loses its exemption and becomes subject to a schedule tax of EGP 20 per 1,000 cubic feet.
- New relief measures include a 5% rate for certain medical devices used in producing goods or services, exemptions for specified inputs for prosthetic devices and dialysis equipment, and exemptions for certain financial services provided by the National Postal Authority or under Central Bank supervision.
Source: bakermckenzie.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.
