In line with the Ministry of Finance’s efforts to remove procedural obstacles and facilitate company establishment, Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that amendments to certain provisions of the Unified Tax Procedures Law (Law No. 206 of 2020) include the introduction of a temporary tax card valid for eight months, to be issued upon the taxpayer’s request.
The measure is designed to enable taxpayers to complete the procedures required to establish and license their businesses, while operating under a clear governance framework that allows the card to be used for conducting business activities and related transactions. However, its use will be restricted from issuing electronic invoices and receipts during its validity period.
Abdel Aal explained that the new measure will allow taxpayers to complete establishment and licensing procedures with greater flexibility, helping accelerate the commencement of economic activities and strengthening the investment climate. She added that the initiative aligns with the Ministry of Finance’s policy of removing procedural barriers and facilitating company formation.
She stressed that the House of Representatives’ approval of the draft law amending certain provisions of the Unified Tax Procedures Law marks a new milestone in Egypt’s ongoing tax reform programme. It reflects the Government’s commitment to building a more efficient and flexible tax system that supports a more attractive investment environment and facilitates business operations.
Abdel Aal added that the amendments implement directives from Minister of Finance Ahmed Kouchouk, aimed at advancing the tax reform agenda, accelerating the rollout of the second package of tax facilitation measures, simplifying procedures for taxpayers, reinforcing transparency and fairness, and strengthening trust and partnership between the ETA and the business community.
She further explained that the amendments include revisions to Article 38 of the Unified Tax Procedures Law, requiring all taxpayers engaged in commercial, industrial, craft, or professional activities to maintain proper accounting records and books, whether manually or electronically. At the same time, tax incentives granted to enterprises with annual turnover not exceeding EGP 20m under Law No. 6 of 2025 will remain in place, allowing such businesses to maintain simplified accounting records.
Finally, Abdel Aal emphasized that the ETA will continue implementing the Ministry of Finance’s vision of establishing a modern and advanced tax system that balances safeguarding public revenues with providing greater facilitation for taxpayers—supporting economic activity, encouraging investment, and contributing to Egypt’s comprehensive development objectives.
