Egypt New V.A.T LawOctober 2016
Starting September 8, 2016 there is a new V.A.T. law in Egypt replacing the sales tax which was in effect since 1991.
The standard V.A.T rate on supply of goods and services is 13%. There are also reduced rates of 5% and 10% for certain goods and services and an upper 20% rate on certain products, e.g. cars and electric goods. The standard V.A.T. rate will rise to 14% starting July 1, 2017.
Egypt Mauritius Double Tax TreatyMarch 2015
The 2012 double tax treaty, DTA, between the two countries entered into force on March 10,2014 applying from January 1, 2015 in Egypt and July 1, 2015 in Mauritius. The tax withholding rates for dividends are 10% or 5% when the recipient holds 25% or more of the paying company. The rate for interest is 10% and 12% for royalties.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
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