03.31.21
Minister of Finance announces deadline to join e-invoicing system is 15 May 2021
The Minister of Finance Mohamed Maait announced on 3 March 2021 that registered taxpayers in Egypt who wish to join the e-invoicing system are able to do so until 15 May 2021.
The e-invoicing system should allow the Egyptian tax authorities to follow up all commercial transactions between companies, as the data of all invoices will be exchanged digitally and instantly. The Minister hopes e-invoicing can help eliminate the informal economy of Egypt.
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Grace period of 4 months granted to taxpayers who didn’t implement e-invoicing system yet
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Limitation VAT input tax credit on paper invoices
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Minister of Finance announces deadline to join e-invoicing system is 15 May 2021
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