Countries > Egypt


Egypt - Apply for Personal Relief Tax

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Contents

Introduction

All employees are entitled to a personal relief Tax of EGP7,000 in addition to the EGP5,000 exempt amount. The personal relief Tax of EGP7,000 is calculated on a prorate basis. Fr example, if an employee was employed for 9 months in the tax year, he/she will be entitled to an exemption of EGP5,250 only (75 percent of the EGP7,000).

Eligibility

All employers of private and government institution are entitled to a Personal Relief Tax of EGP 7000.

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Instructions

The employers must register for a person Relief tax of EGP 7000, as well as be familiar with the rules relating to the filing of Personal lief tax and how Personal Relief tax is calculated.The registration to get a Personal relief tax file number generally involves a few minutes.

Required Information

  • Name of Taxpayer
  • Taxpayer Identification Number
  • Business Name or Trade Name of Taxpayer
  • Status
  • Bank Details
  • Name of Bank
  • Bank branch
  • Account Number
  • Type of Employment
  • Total Income Chargeable Income Total Tax Payable
  • Details of Salary paid and Person relief tax deducted from Employees


Procedure

All employees are entitled to a personal relief of EGP7,000 in addition to the EGP5,000 exempt amount.

The personal relief of EGP7,000 is calculated on a prorate basis.The law stipulates that an employer is entitled to Personal Tax deducted or to be deducted on their income.

All individuals engaged in business or professional activities must be entitled to personal relief tax by the Egyptian authorities within 30 days of starting such activities and within 30 days after ceasing activities or relocating. Employees are not required to submit annual returns for their employment income during the grace period. Companies must withhold monthly tax from the salaries of employees and remit such amounts to the tax authorities. Non -residents with commercial and industrial activities operating as partnerships must file annual tax returns within 4 months after the end of the financial year or within 30 days after the cessation of their activities. If an individual fails to pay the personal tax due before the due date, a delay penalty applies until the date of payment. The delay penalty is imposed at a rate of 2% plus the credit and discount rate set each January by the Central Bank of Egypt.



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Required Documents

The registration requirements are as follows:

  • A copy of certificate of incorporation.
  • List of staff and their annual salaries.
  • The Directors’ Tax Clearance Certificates (now Electronic Tax Clearance Certificate)
  • Letter of application for registration.


Fees

free of charge

Validity

One year

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

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Processing Time

processing take 7 days

Office Locations & Contacts

Ministry of Finance

Mr. Hany Kadry img

Address Nasr City

Phone no. 23428886 - 23428010 - 23428830

Fax 26861680 - 2686181

Fax: ++2(0)2 26861861

Email Address: mofinance@idsc1.gov.eg

E-mail finance@mof.gov.eg


Website http://www.mof.gov.eg


Egyptian Tax Authority

Website: www.eta.gov.eg/English


Ministry of Finance

Ministry of Finance Towers, Nasr City.

Extension of Ramsis Street,

Abbassiya, Cairo

Tel: +20 2 2342 8886;

Tel: +20 2 2342 8010;

Tel: +20 2 2342 8032;

Tel: +20 2 2342 8830;

Tel: +20 2 2342 8840

Email: finance@mof.gov.eg

Website: http://www.mof.gov.eg/english

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Video

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites.
Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M". 
	

Information which might help

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Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

http://www.kpmg.com/global/en/issuesandinsights/articlespublications/taxation-international-executives/egypt/pages/income-tax.aspx

http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/thinking-beyond-borders/documents/egypt.pdf

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