Egypt initially identifies 7 strategic industries to be exempted from taxes

Getty Images

The decision includes the petrochemical, green hydrogen, solar power, electric vehicles (EVs), mining, textiles, and electronics industries, the official added

Staff Writer, Arab Finance

September 5, 2023

PHOTO

The Egyptian government has initially identified seven major strategic industries to benefit from the tax exemptions announced last August, a government official told Asharq Business on September 5th.

The decision includes the petrochemical, green hydrogen, solar power, electric vehicles (EVs), mining, textiles, and electronics industries, the official added.

The official noted that other industries are being studied to be included in the decision, adding that the final list of the tax-exempted industries will be completed before the end of 2023.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO