Launch of the Simplified VAT registration portal for non-residents in May 2023

Type: Legislation

The Tax Authorities of Egypt will soon introduce a new, more straightforward registration form and reporting platform for international suppliers of digital or electronic services. This will be accessible starting on May 1, 2023. 

This includes an EGP 500,000 (about €27,400 or $31,800) requirement for VAT registration. It is possible to register for VAT more quickly without losing the ability to claim input VAT paid. Since 2020, the tax office shall stop requiring non-residents to select a fiscal representative. 

 Effective date: 1 May 2023

Source

 

Share on Social Media

Tax Technology Alerts

Type: Legislation Malaysia’s Inland Revenue Board (LHDN) has launched a sandbox trial environment for its MyInvois e-invoicing system, allowing integration trials for selected companies starting

Type: Legislation The Swedish tax agency has announced that starting May this year, taxpayers will no longer automatically receive paper VAT returns. This change is

Type: Legislation Israel is gearing up to enforce B2B e-invoicing regulations, accompanied by FAQs from the Tax Authority ahead of the 5th May 2024 deadline.