Egypt’s President Abdel Fattah El Sisi has approved key legislations designed to implement part of the first package of tax relief measures aimed at supporting businesses, especially small and medium-sized enterprises (SMEs). These legislative changes include:
- Law No. 5 of 2025: This law focuses on the settlement of the status of specific taxpayers and assessees, streamlining their tax obligations and ensuring compliance.
- Law No. 6 of 2025: This law offers targeted tax incentives and facilitations for businesses with an annual turnover of up to 20 million Egyptian pounds, encouraging growth and investment in the SME sector.
- Law No. 7 of 2025: This law amends certain provisions of the Unified Tax Procedures Law (Law No. 206 of 2020), simplifying tax procedures for businesses to improve efficiency and compliance.
These reforms are part of Egypt’s ongoing efforts to foster a more business-friendly environment, promote economic growth, and ease the burden on small and medium enterprises that play a crucial role in the national economy.