Egypt: Central units established to facilitate customs procedures for automakers

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The unit will be affiliated to the Ministry of Finance

Staff Writer, Arab Finance

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The Minister of Finance Ahmed Kouchouk has issued a decree on establishing a central unit to facilitate customs and tax procedures for companies operating in the automotive industry, as per a statement by the Egyptian Tax Authority (ETA).

The unit will be affiliated to the Ministry of Finance , the statement read.

The decree applies to automakers, whether they are assembly firms or auto feeders.

The unit will comprise representatives from the ETA and the Egyptian Customs Authority (ECA).

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