Reda Abdel Qader, Chairperson of the Egyptian Tax Authority (ETA), has called on those who engage in e-commerce activity and online content creators to quickly register with the ETA.
He explained that the documents required for the tax registration are: national ID, lease or ownership contract, a utility receipt (electricity – water – gas – telephone…), and the company’s contract in the case of legal persons.
He stressed that the department’s e-commerce unit is making intensive efforts to follow up and communicate with everyone who practices e-commerce activities in order to inform them about the required procedures and answer their inquiries and questions.
Abdel Qader said that the ETA allocated hotline 16395 to receive inquiries related to taxation of e-commerce and online content creation activities.
The authority also demanded individuals and companies that use social media networks for e-commerce to register for income tax and VAT – in case their revenues reached EGP 500,000 per year – in accordance with the law.
There are three types of companies that engage in e-commerce activity: First, companies use e-commerce as one of the various means of sale or distribution. Second, companies depend mainly on electronic means in selling and distributing their products and services. Third, companies use digital platforms to promote products of other companies to customers.
Moreover, all companies that engage in commercial or non-commercial (free professions) activities are subject to income tax according to Law 91 of 2005.