Egyptian British Chamber of Commerce

Tax & Customs

Egypt Tax & Customs

The Government of Egypt is keen to provide an atmosphere for investments that is characterized by its support to the development process of the country. The government gives the private sector priority to invest in various fields in order to participate in this development. The government is working on developing policies and procedures that will provide services to investors in general and exporters in particular. They give support to the principle of transparency on a local and international level. The Egyptian Government has made the Customs Law (2005) and Customs Tariff available in English and Arabic, including the explanations according to the harmonized system for the year 2002; in addition to the executive bill for the exemptions law.
Egypt's corporate tax is competitive at 20 percent. Egypt's income tax varies from 5 to 20 percent, and sales tax (reclaimable like VAT) ranges from 5 to 10 percent.

Full Customs Tariff Table

For more information, visit The Ministry of Finance.

UK Tax & Customs

The UK is an internationally competitive location for tax. Advantages include one of the lowest main corporate tax rates in the EU, generous tax allowances and competitive personal rates, the most extensive network of double taxation treaties in the world, and low social welfare contributions.
The government will reduce its corporate tax rate from 28 percent to 24 percent over the next three years.  A reduction in small profits from 21 to 20 percent has come in effect on 1 April 2011.
The government has further established the ‘Office for Tax Simplification’ aimed at reducing the complexities in the tax system for businesses and individual taxpayers.

UK Tax Planner 2014

For Tariff information, visit Business Link HM Revenue & Customs