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Car dealers to enter used vehicles market after applying VAT

The Ministry of Finance issued on Tuesday its decision no. 34 of 2018 which applies the value added tax (VAT) on the reselling of used cars in the local market, based on the difference in price between the resale and purchase price of used cars. Alaa Elsaba, chairperson of Elsaba Automotive Group—authorised distributor of a …

Daily News Egypt

Samsung increases commission for dealers selling J7

While the Egyptian market is witnessing a fierce competition among mobile phones manufacturers, Samsung Egypt increased commissions for the sale of the new J7 for the models “J7 CORE-J7PRO”, as an attempt of boosting the sales of the device in the Egyptian market. Samsung Egypt revealed an increase in dealers’ commissions for the J7 CORE …

Daily News Egypt

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