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Stamp duty on stock trades from Sunday
The Egyptian Ministry of Finance has begun implementing the stamp duty tax on stock market transactions starting Sunday, August 2, 2026. This comes after the promulgation of amended Law No. 153 of 2026 in the Official Gazette and its ratification by President Abdel Fattah El-Sisi. The amendments stipulate a tax of 0.5 per thousand (0.05%) on both buying and selling operations, whether conducted by residents or non-residents, with a reduction to 0.25 per thousand (0.025%) for transactions completed within the same session (T+0). Transactions conducted by licensed market-making companies, according to the Capital Market Law, are exempt from this tax. Authorities responsible for settling transactions are required to deduct and transfer the tax within five days of the start of the following month. It is expected that the tax will generate approximately 3 billion Egyptian pounds during the 2026-2027 fiscal year. For example, the tax on buying or selling shares worth 100,000 Egyptian pounds under the T+1 system will be about 50 pounds, decreasing to 25 pounds under the T+0 system.
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