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Customs

Tax-free car import initiative for expats extended in response to interest | FinMin

Maait explained that this comes in response to the significant interest observed in the initiative's second phase, where registrants in the first 2 months surpassed 3 times the figures from the initial phase

Egypt committed to strengthening int. partnerships to enhance customs

The government, in consultation with the business community and investors, recently updated customs legislation to streamline and modernize procedures, aiming to facilitate both domestic and international trade

FinMinistry’s e-payment center reports 607.3M transactions worth EGP 8.1trn since 2019

The FinMin underlined the stability of Egypt’s e-payment channels for taxes, growing a steady 30% with a reported EGP 1.9 trillion collected

Ports release $63B worth of imported goods since start of 2023 | Customs head

Earlier this fall, the Ministry of Finance revealed that imported goods and products valued at $131 billion were released by the customs authority over the course of 21 months until the end of June 2023

New changes to customs law to simplify customs clearance, allows delisted companies to re-register

The amendments included the introduction of electronic customs declaration submissions for all incoming goods once unloaded unless stored in customs-licensed yards or warehouses