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 Misr Clearing, Depository and Registry (MCDR) has announced the implementation of Law No. 153 of 2026, which amends specific provisions of the Stamp Duty Law. The new regulations take effect starting from the trading session held on July 29, 2026, enforcing the law published in the Official Gazette on July 28, 2026, which became officially active the day following its publication.

MCDR confirmed that it has begun fulfilling its legal obligations regarding the withholding and remittance of the stamp duty. These amendments aim to modernize the capital market's tax framework by completely abolishing the capital gains tax on listed securities transactions and reinstating the stamp duty. This strategic shift is designed to simplify application and collection procedures, foster greater stability and clarity in tax treatment, and ultimately bolster the efficiency of the Egyptian capital market.

According to the newly implemented law, a stamp duty of 0.5 per thousand is applied to both the buyer and the seller on the total transaction value of securities listed on the Egyptian Exchange (EGX). Meanwhile, this rate is reduced to 0.25 per thousand for same-day trading operations (Intraday) for both resident and non-resident investors.

Furthermore, the legal amendments stipulate the full exemption of all transactions involving exchange-listed investment fund certificates from the stamp duty. Operations executed by companies officially licensed to act as market makers are also entirely exempt.

MCDR clarified that because the settlement for August 2, 2026, transactions concluded prior to the issuance of the executive instructions, the actual deduction of the stamp duty will officially commence with the settlement on August 3, 2026.

The company further elaborated that the August 3 settlement will encompass the deduction of the stamp duty owed on regular trading operations executed during the July 30, 2026 session. It will also include the calculation of tax differences owed under the amended law for trading operations executed during both the July 29 and July 30 sessions, covering intraday buying and selling activities.

MCDR assured that it will proactively notify brokerage firms of the exact amounts to be deducted or credited, as applicable to each specific case, in strict accordance with established settlement mechanisms and the law's parameters.

Reiterating its technical preparedness, MCDR stressed that its operational systems are fully equipped to seamlessly integrate the new amendments. The company affirmed its ongoing coordination with all relevant stakeholders to ensure the precise and effective execution of the law, thereby reinforcing the efficiency and robust stability of the clearing and settlement ecosystem within the Egyptian capital market.