اليوم السابع
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Law No. 150 of 2026 allows a temporary tax card to be issued to a taxpayer upon request for a period of eight months, to enable them to complete the procedures for establishing and licensing their activity. However, the card may not be used to issue electronic invoices or receipts. The law requires taxpayers engaged in commercial, industrial, craft, or professional activities to keep regular accounting books and records, either manually or electronically, while preserving the simplified arrangements available to businesses with annual turnover of no more than EGP 20 million. The law aims to streamline procedures and encourage investment while strengthening tax compliance and protecting the state’s rights. It takes effect on the day following its publication in the Official Gazette.
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