Egypt: New phase for e-invoicing published & new e-receipt system trial launched

Coskun Antal
October 15, 2021

According to a newly published decree (No: 443-2021), starting from 15 December 2021, joint-stock companies and investment companies in Cairo are required to join the e-invoice system, i.e. issue and register e-invoices in the invoicing system. The decision affects 3737 companies whose names are published by the Egyptian Tax Authority (ETA). By April 2023, the government plans to extend the obligation to all B2B invoices.

Also, the authorities have announced a trial launch of an electronic receipt system for B2C transactions. 100 companies have signed up to take part in a six-month trial phase during which they need to record all transactions via a real-time electronic system. Unlike for B2B transactions, no target dates for the roll-out of the B2C system have yet been published.

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Author

Coskun Antal

Coşkun is Regulatory Specialist at Sovos, based in Istanbul. Coşkun monitors and interprets both the regulations and associated technical specifications issued by tax authorities. He has a Bachelor’s degree in Electrical Engineering from Istanbul Technical University.
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