Hatice Ozcan
21 okt 2024
Egyptian Tax Authority Announces E-Receipt System Update
The Egyptian Tax Authority (ETA), has announced the issuance of Decision No. (396) of 2024. This decision pertains to the first sub-phase of the sixth main phase of the E-Receipt System and outlines new compliance requirements for taxpayers and entities listed in the official records.
Key Highlights of the Decision
Mandatory E-Receipts:
Taxpayers included in this decision are required to issue electronic tax invoices (e-receipts) for services rendered and goods sold to the final consumer in the live operating environment. This regulation will come into effect from 15 November 2024.
Registration for Incentive Programs:
Those covered under Decision No. (396) must register on the ETA’s electronic portal for the incentive program, "Fatoraak – Hemaytak wa Gayeztak," also beginning from 15 November 2024.
Access to Information
For further details, taxpayers can consult the full decision and the attached list of entities through the ETA’s official website: E-Receipt Services. Additionally, inquiries regarding entities included in this mandate can be made through the following link: E-Receipt Inquiry.
E-Receipt System Overview
Dr. Abdel Aal emphasized that the E-Receipt System aims to create a centralized digital platform enabling the ETA to monitor transactions between taxpayers and consumers efficiently. By integrating with accounting systems and POS devices, the authority seeks to enhance transparency and provide benefits to both businesses and consumers.
Support and Resources
The ETA provides comprehensive guides, videos, and support materials through their official channels, including their website, social media, and YouTube channel. Taxpayers can follow these resources to ensure compliance and understand the technical requirements of the E-Receipt System. Access detailed information through: Your Guide to Dealing with the E-Receipt System.