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8.1.2. Other Taxes

The following table provides an overview of other taxes that may be imposed on a company doing business in the country.

Tax Type Rate(s) Notes
Capital Duty Nil There is no capital duty in Egypt.
Payroll Tax Nil There is no payroll tax separately due by companies on their total payroll expenditure. Employers are required to withhold income tax and social security premiums
Social Security Employer Contribution 18.75% to 19.25% Effective 1 January 2020, a new Social Insurance and Pension Law harmonized and replaced the erstwhile Social Insurance and Pension Laws and also introduced a new unemployment insurance. Accordingly, the employer’s contribution towards the social security fund ranges from 18.75% to 19.25% (previously 26%) covering contribution towards pension, medical, unemployment, work injuries, and end of service bonus etc. Effective 1 January 2021, the minimum and maximum monthly salary caps are EGP 1,200 (previously EGP 1,000) and EGP 8,100 (previously EGP 7,000) respectively.
Social Security Employee Contribution 11% Effective 1 January 2020, a new Social Insurance and Pension Law harmonized and replaced the erstwhile Social Insurance and Pension Laws and also introduced a new unemployment insurance. Accordingly, the employer’s contribution towards the social security fund is 11% covering contribution towards pension, medical, and end of service bonus, etc. Effective 1 January 2021, the minimum and maximum monthly salary caps are EGP 1,200 (previously EGP 1,000) and EGP 8,100 (previously EGP 7,000) respectively.
Solidarity Contribution 0.25% Companies are required to pay a solidarity contribution at the rate of 0.25% of annual revenue. The contribution is not deductible for tax purposes.
Property Tax 10% Property tax is levied at a rate of 10% on the assessed rental value of land and buildings and is payable in two instalments. The annual rental value of the real estate is assessed every 5 years. Certain deductions may apply for related expenses, such as maintenance costs. Non-residential property used for commercial, industrial and administrative purposes with an annual rental value of less than EGP 1,200 and residential units with annual rental value of less than EGP 24,000, are exempt.
Transfer Tax Nil There is no transfer tax in Egypt
Stamp Duty 1.08% to 20% Stamp duty is levied on various documents and transactions, including legal documents, deeds, banking transactions, insurance premiums, and others at various rates and fixed charges. Rates include 0.1% for banking transactions per quarter, 1.08% to 10.08% for insurance premiums. Effective 27 January 2022, stamp duty is abolished on commercial advertisements and VAT is levied at the standard rate.
Stamp Tax 0.15% to 0.30% Amendments to Tax Laws in 2017 introduced a new Stamp Tax that applies to the purchase or sale of securities (listed or unlisted), without deducting any costs. The stamp tax applies at the rate of 0.15%. A proportional stamp duty of 0.3% also applies to both the buyer and seller with respect to the acquisition or disposition of investment subject to the fulfillment of certain conditions. In response to the COVID-19 pandemic, Egypt reduced the stamp tax rates to 0.05% and 0.125% for residents and non-residents respectively on the sale or acquisition of listed and unlisted securities (effective 1 October 2020). A stamp tax exemption is provided on all spot transactions on the EGX. Effective 1 January 2022, resident companies will be exempt from stamp tax on the sale of listed securities.
Excise Tax Varies Excise taxes are levied on certain listed products and services.
Customs Duty 0% to 60% Customs duties are levied on the import of most goods into Egypt, with general rates ranging from 0% to 60%.
Real Estate Transaction Tax 2.50% Real estate transaction tax is applicable at the rate of 2.5% on the sale of built property and land designated for construction. Exemptions apply which include certain residential properties in villages and inherited properties, and contribution of the property towards the share capital of Joint stock companies subject to a minimum holding period of 5 years. Real estate transaction tax is charged irrespective of the value of the transaction and the date of the contract.