Khaberni - The Egyptian Tax Authority announced a new decision concerning Value Added Tax, amid official confirmations that the time available for rectifying statuses is nearing its end, which places taxpayers in front of a compliance test before implementing the measures.
Value Added Tax is an indirect tax imposed on goods and services and is paid by the provider of the goods or services after being collected from the consumer.
The Egyptian Tax Authority approved the extension of the validity of Value Added Tax registration certificates until June 30, 2026, in accordance with the directives of the Ministry of Finance, in order to support the stability of business transactions and alleviate the burdens on the business community.
Rasha Abdel Aal, the head of the Egyptian Tax Authority, confirmed that this step offers an additional opportunity for registrants to rectify their situations, but she emphasized at the same time that this extension is the last one and will not be granted again, necessitating quick action before the deadline expires.
The Authority issued a direct warning to taxpayers whose certificates expire in March and April 2026, stressing the urgency of renewal procedures, whether through the non-integrated tax offices or through the integrated electronic "SAP" system for those offices.
She pointed out that non-compliance with the renewal on time could lead to stopping dealings on the tax system, which could negatively impact the operations inside various entities, whether governmental or non-governmental, in addition to affecting banking transactions.
As part of the state's plan to develop the tax system, the Tax Authority confirmed the ongoing provision of technical support and facilitation for taxpayers, with an expansion in relying on digital solutions to streamline procedures and accelerate services.
