Tawfik emphasized the importance of complying with the instructions of the Minister of Finance to facilitate tax procedures for financiers.
Head of Egyptian Tax Authority monitors tax centers and zones ahead of deadline - Press Photo
Head of the Egyptian Tax Authority, Mokhtar Tawfik, conducted monitoring tours of tax centers, tax zones, and their subsidiaries, on Friday and Saturday.
This was to monitor the progress of work, assess performance, and ensure the provision of all facilities and services to financiers, especially as the deadline for submitting tax returns for legal entities is nearing.
This is particularly significant as tax centers and tax zones will remain open until 5 pm on Sunday, April 30, to facilitate the submission of tax returns.
During his tours, Tawfik emphasized the importance of complying with the instructions of the Minister of Finance to facilitate tax procedures for financiers and provide all necessary technical support.
He further stressed that the Tax Authority is committed to building bridges of trust and cooperation with all parties in the tax community.
Tawfik stated that the Tax Authority is making every effort to provide all necessary facilities, answer all inquiries, and provide technical support to financiers, making it easier for them to submit their returns and pay their taxes.
Tawfik explained that the Tax Authority is providing full support to help financiers register for the electronic invoicing system.
The Tax Authority has contacted all professional unions and chambers of commerce to coordinate and provide committees to assist their members in registering for the electronic invoicing system.
Tawfik noted that these committees have witnessed a significant turnout, especially in the Acting Professions Union and the Cinema Professions Union.
The Tax Authority is also providing services for citizens and companies through its front offices in tax centers.
The Egyptian government has recently been making strides in enhancing the country's economic infrastructure.
In 2021, the country launched its first sovereign green bond issue worth $750 million, which will fund several green projects.
The government has also signed an agreement with the International Finance Corporation (IFC) to launch a new program to support small and medium-sized enterprises (SMEs) in Egypt.
Additionally, Egypt has signed a memorandum of understanding (MoU) with the United Nations Industrial Development Organization (UNIDO) to promote inclusive and sustainable industrial development in the country.
