The concept of e-invoice, which creates solutions for tax controls, labor and paper savings, is spreading to the different regions of the world. As both governments and businesses are aware of the benefits of e-invoice, the number of countries in the Middle East and North Africa adopting e-invoice systems is increasing. The digital transformation of tax control is spreading accross the world.
The Egyptian Government has been evaluating best practices for CTC regimes forsome time now. Finally, a decree was issued in April 2020 mandating e-invoicing for all businesses registered in the country.
Despite its short history, the Egyptian VAT system follows the latest world trends.Thus Egyptian authorities has implemented mandatory e-invoicing from mid-November 2020.