Deputy FinMin says Egypt’s tax incentives reflect ‘new vision’ for economic reform

Egypt’s first tax relief package signals a broader shift toward a modernised, partnership-driven tax system that aligns with the country’s economic reform strategy, according to Sherif El-Kilany, Deputy Minister of Finance for Tax Policies.

“The first package of tax relief and incentives reflects a new vision for tax development as part of broader economic reforms.” El-Kilany said. “The package aims to build trust with taxpayers, strengthen voluntary compliance, attract new taxpayers, integrate the informal economy, and reveal the true scale of Egypt’s broad and diverse economy.

Speaking as part of the government’s ongoing campaign to promote tax reform, El-Kilany said implementation teams across the Egyptian Tax Authority are driving efforts to operationalise the new measures, which include simplified processes, dispute resolution mechanisms, and incentives targeting small and micro-businesses.

He noted a “notable rise” in taxpayer participation under the reformed system and emphasised that taxpayer satisfaction is now considered a key performance metric.

“Taxpayer satisfaction with services at tax centres and offices is the key measure of tax performance.” El-Kilany said, highlighting growing engagement from both officials and private-sector stakeholders. He voiced optimism about the strong engagement from all stakeholders, saying the momentum is driving forward the tax reform programme.

The tax relief package is part of Egypt’s broader push to improve the investment climate, support formalisation, and unlock growth opportunities—particularly for small enterprises previously operating outside the formal tax net.

Attribution: Amwal Al Ghad English