The system will contribute to boosting investments and bring more informal businesses into the formal economy, which will complement the government’s efforts towards reducing tax evasion
The green initiative also aims to encourage investment in green economy-related projects, raising Egypt’s economic growth
The new unified electronic tax platform is set to launch in 10 areas within Cairo, enabling taxpayers to use e-tax services using a unified tax registration number
Once the ACI system goes live, unregistered cargo will be denied entry to the country through maritime ports, states Maait
Details on when it will be issued and the size and type of the offering was not announced
