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المصري اليوم
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Simplified taxes support small business growth
The simplified tax system launched by the Egyptian Tax Authority has provided a significant incentive for small and micro enterprises through unprecedented tax and procedural facilitations. The system, introduced under Law No. (6) of 2025, imposes simple proportional taxes ranging from 0.4% to 1.5% on activities of projects with annual sales not exceeding 20 million Egyptian pounds, along with tax audit exemptions for five years and exemptions from certain taxes such as dividend distribution tax and capital gains tax. It also streamlines registration procedures and promotes digital transformation by requiring compliance with electronic invoicing and receipts, aiming to integrate the informal economy into the formal sector and stimulate growth. The system seeks to simplify procedures and reduce tax burdens, encouraging entrepreneurs to join the formal tax framework and fostering a more sustainable and transparent investment environment.
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