Electronic Invoicing

Egypt Will No Longer Accept Paper Invoices for Deducting

Egypt  e-invoicing

As of January 1, 2022, paper invoices will no longer be tax-deductible in Egypt. VAT will only be deductible from e-invoices.

The new regulation on e-invoices is included in Decree No. 125 of 2021, published by the Ministry of Finance of Egypt.

Egypt is in the process of rolling out e-invoicing across the country. The government has established a progressive implementation model based on the turnover of all companies that sell goods or services subject to taxes. However, it is possible to sing up to new system on a voluntary basis.

This decision is part of the national project to modernize and automate the tax management system to improve accountability by taxpayers, as well as fiscal and financial control.

The Government estimates that more than 411 companies have joined in the first and second stages of implementation of the e-Invoicing model.

Would you like to know more?

Request more information

You may also be interested in reading about...

Update on e-Invoicing in the German Federal States

Germany is advancing in the implementation of B2G e-invoicing in each federal state

Electronic Invoicing Will be Mandatory for Spanish Companies

The government has published a draft law requiring the adoption of electronic invoicing

Portugal Makes it Mandatory to Declare the SAF-T Accounting File

The declaration of SAF-T accounting files will be mandatory beginning in January 2024