Companies are subject to a flat rate of 22.5% on their taxable income. Certain industries, such as mining, petroleum, and free zone companies, may have specific tax rates or incentives.
Individuals are subject to progressive tax rates on their taxable income, ranging from 0% to 25%.
VAT is levied on the supply of goods and services at a standard rate of 14%. Some goods and services may be subject to reduced rates or exemptions.
A sole proprietorship is the simplest and most common type of business structure. It is owned and operated by a single individual who assumes full responsibility for the business’s debts and liabilities. The owner has complete control over the business and retains all profits.
An LLC is a popular business structure in Egypt for small and medium-sized businesses. It offers limited liability protection to its members, meaning their personal assets are protected from the company’s debts and liabilities. An LLC can have one or more members and it is relatively easy to set up and operate.
A joint stock company is a public company that can issue shares to the public and raise capital from shareholders JSC are often suitable for larger companies seeking to raise funds from the public market.
A foreign company may establish a branch office in Egypt to conduct business activities within the country. The branch operates as an extension of the parent company and is subject to the laws and regulations of Egypt. Branch offices are commonly used by foreign companies to expand their operations into new markets.
Chandrawat & Partners is a prominent full-service firm dedicated to delivering top-tier professional services to clients both within the domestic and international spheres.
Chandrawat & Partners stands as a dynamic and rapidly expanding full-service firm, specializing in the delivery of exceptional professional and corporate services to a diverse clientele, both foreign and local. We proudly represent companies and individuals across a wide spectrum of sectors through distinct entities established in various countries worldwide.
Chandrawat & Partners stands as a dynamic and rapidly expanding full-service firm, specializing in the delivery of exceptional professional and corporate services to a diverse clientele, both foreign and local. We proudly represent companies and individuals across a wide spectrum of sectors through distinct entities established in various countries worldwide.
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