Corporate Taxes
The resident companies in Egypt are taxed on worldwide income. Non-resident corporations and partnerships pay tax on income derived from their permanent establishments (PEs) in Egypt.
The corporate income tax (CIT) rate in Egypt is 22.5% on the net taxable profits of a company.
The above rate applies to all types of business activities except for oil exploration companies, whose profits are taxed at 40.55%. In addition, the profits of the Suez Canal Authority, the Egyptian Petroleum Authority, and the Central Bank of Egypt are taxable at a rate of 40%.
At EIGHTPS careful tax planning is an essential step in the preparation of our corporate and business clients’ income taxes, and we strive to minimize your tax liability to improve your profitability. Whether you are a large firm or small, established business or start-up venture, we have the knowledge and experience to offer expert tax preparation services and to help you to find the best possible strategies for reducing your tax liability within the limits of the law.
We have wealth of experience and expertise to guide you through the following areas:-
Tax Services
Contact
- 11 El Obour Buildings, Salah Salem Street. Nasr City, Cairo, Egypt.
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(+2) 010 2442 74 51
- chairman@eightps-eg.com Info@eightps-eg.com