Egypt Revises VAT Rules to Boost Transit Trade and Adjust Domestic Tax Rates
The Egyptian Tax Authority has clarified that services provided on goods in transit will not be subject to VAT, provided that the transportation occurs under customs supervision and in accordance with the rules established by the Customs Law. This measure aims to support and stimulate transit trade within Egypt.
Additionally, soap and industrial household detergents have been subject to the standard VAT rate of 14%, allowing taxpayers to deduct all production inputs. This aligns with international best practices and the Egyptian Tax Authority’s goals of promoting tax fairness and equity.
