Developments:
- The accreditation of the Approved Economic Operator (“AEO”) system, which is expected to further expedite the clearance of shipments and reduce the physical inspection for AEO importers.
- The ACI system (Advanced Cargo Information), which provides business automation services to handle imported goods prior to their arrival at Egyptian ports.
- The introduction of a unified set of rules that includes the procedures of the customs and exemption laws in one single streamlined regulation.
- The introduction of e-signature for customs transactions with the accreditation of all electronic secured methods in transferring and receiving documents and data.
Source PwC
Latest Posts in "Egypt"
- 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
- Egypt’s E-Invoicing Revolution: Transforming Tax Compliance for All VAT-Registered Businesses
- Egypt Issues New VAT Guidelines for Exported Services, Standardising Tax Treatment and Procedures
