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Real Estate Tax Authority Targets 10 Million Registrations
By the end of the deadline on September 30, 2026, the Egyptian Real Estate Tax Authority expects to register around 10 million properties, with approximately two million declarations currently recorded. The program aims for a comprehensive assessment of properties, offering numerous benefits to citizens such as discounts of up to 25% on residential units and 10% on non-residential ones. Additionally, there is an extra 5% discount for early payment. The law launched in 2013 also mandates reevaluating properties every five years and allows for dispute resolution by paying 70% of the disputed amount. It is emphasized that the exemption applies to one residential unit per family, not to each individual.
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