EGYPT
Compliant HR, Payroll, Tax & Employer of Record Africa
OVERVIEW
A challenging aspect of working in Egypt is compliance and their tax system. Regardless of being a contractor or a permanent employee, you have to pay tax on all of your earnings whilst you are working in Egypt. In addition to paying tax in Egypt, you may still be eligible to pay tax in your home country. Understanding the legislation behind this can be a challenge. Does your home country have a double taxation agreement with Egypt? Understanding the basics of income tax in Egypt and your options helps you work out the best way to organise your affairs.
GENERAL INFORMATION
CAPITAL CITY
Cairo
OFFICIAL LANGUAGE
Arabic
CURRENCY
Egyptian pound (E£) (EGP)
DIALLING CODE
+20
TAX AUTHORITY
TAX YEAR
1 April – 31 March
TIME ZONE
UTC+2 (EET)
GENERAL INFORMATION
CAPITAL CITY
Cairo
OFFICIAL LANGUAGE
Arabic
CURRENCY
Egyptian pound (E£) (EGP)
DIALLING CODE
+20
TAX AUTHORITY
Ministry of Finance
TAX YEAR
1 April – 31 March
TIME ZONE
UTC+2 (EET)
MORE INFORMATION
A challenging aspect of working in Egypt is compliance and their tax system. Regardless of being a contractor or a permanent employee, you have to pay tax on all of your earnings whilst you are working in Egypt. In addition to paying tax in Egypt, you may still be eligible to pay tax in your home country. Understanding the legislation behind this can be a challenge. Does your home country have a double taxation agreement with Egypt? Understanding the basics of income tax in Egypt and your options helps you work out the best way to organise your affairs.
If you’re working in Egypt under a permanent contract, many employers will handle your tax under the PAYE (Pay-As-You-Earn) system. This means that they calculate and process your taxes in Egypt for you and then send you a net wage. Your income tax, public health insurance, social security and other deductions will all be covered by this payment. This is the easiest way to handle your income tax in Egypt, but contractors may not be offered this service because of their short stay with each employer.
Anybody who cannot pay their tax in Egypt through the PAYE system is left with the prospect of filing a tax return. This can be an onerous task, if you do not have the understanding of the system. Does Egypt have a tax treaty with your home country? You will need to find out or find someone who can provide assurance, whist this takes time and effort.
Contractors and Companies in Egypt are faced with masses of paperwork and numerous wasted hours filing returns unless they find an alternative option. Employ Africa can act as your employer during your stay in the country whilst still allowing you the freedom to work. The only difference is that you submit your timesheets to Employ Africa; calculate and pay your taxes as you earn, and then you receive a net wage (as well as compliant documentation for your records). Employ Africa are experts in Egypt taxation, and they’ll ensure that you keep the largest proportion of your earnings whilst complying with local laws. They can deal with any issues with the Egypt tax office or tax department directly.
We assist in a wide range of sectors Petrochemical, Mining, Power Generation, Water Technology Oil and Gas , software developers, IT Project Managers, testers, business analysts and telecommunications for whom we get tax efficient payments and sponsorship for their Egypt work permit. Our advice is 100 percent free, and it comes with no obligations. You will be paying taxes in Egypt but without the overhead of directly dealing with the Egypt tax authorities. Get in touch with us today for some reliable advice on tax in Egypt!
Immigration and work permits are often, problematic, which can cause delays during projects. At Employ Africa we are not only in a position to provide immediate support via our immigration lawyers and practitioner’s, who are vastly experienced, we are also able to support Work Permits under our company name by sponsoring your employee. The sponsored work permits assist when you have been awarded a local contract but are not yet ready to open a local office.
Employer of Record for Egypt Africa
Although an Employer of Record often works with a staffing agency, the two are separate business entities. Each has specific roles and responsibilities in their symbiotic relationship. We Handle Employer of Record and Payroll throughout Africa.