Countries > Egypt


Egypt - Apply for Real Estate Tax

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Contents

Introduction

Egypt introduced a new tax law No 196 of 2008 with effect from 23 June 2008 to be applied with effect from 1 January 2009. Tax Rate: 10 % of the annual rental value after excluding the following representing an assumed maintenance expenses:

  • 30% of the rental value for properties used for living accommodation
  • 32% of the rental for properties used for other purposes


Real estate tax is imposed on Egyptian real properties, payable by the owner. Whether the property is actually leased out or not, the tax is levied on the rental value of the property, which is assessed every 5 years for properties by the tax authority.

Real estate tax is levied at a flat rate of 10%.

A flat rate of 2.5% of the gross proceeds is levied on sales of real estate or building sites, within the boundaries of Egyptian cities. This tax applies even on transfers of property to spouses, descendants, and ancestors.Thus Inheritance tax was abolished in Egypt in 1996.

Real estate tax is levied after deducting the following assumed maintenance expenses:

  • 30% of the rental value for residential properties
  • 32% of the rental value for non-residential properties


Residential properties with an annual rental value of less than EGP6,000 (US$839) is exempt from real estate tax.

Eligibility

The person concerned. (real estate owners)

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Instructions

You can apply for this procedure in person.

Required Information

Applicant's information
  • Applicant's complete name
  • Address
  • Identification presented
  • Taxpayer Identification Number (TIN)


Business Information
  • Name of Business
  • Business address
  • Registration Number
  • Registration Date
  • Business type

To obtain the license for the first time:

  • Completed application form
  • Valid identification: Passport or National ID
  • Business registration from registry of deeds


To renew your license:

  • Completed application form
  • Previously issued license
  • Valid identification: Passport or National ID
  • Business registration from registry of deeds

Procedure

  • Go to the Office of General Directorate of Taxes at the Egyptian Tax Authority.
  • Bring the required documents.
  • Present the documents.
  • You will be asked to wait while your documents are being processed.
  • You will be called to the cashier to pay the application fee.
  • Pick up your House/Real Estate Tax.

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Required Documents

Supporting documents:

prepayments made ​​by authorized financial intermediaries holders of securities accounts
Losses not charged financial intermediaries during the same tax year
Dates and prices of acquisition of securities or weighted average cost reported to the financial intermediary


Fees

Free of charge

Validity

Valid for 5 years

Documents to Use

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

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Processing takes 30 working 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

Enter other informations which might help

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.pkf.com/media/1954356/egypt%20pkf%20tax%20guide%202013.pdf

http://www.globalpropertyguide.com/Middle-East/Egypt/Taxes-and-Costs

Others

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