ETA Simplifies VAT Compliance for Non-Resident Vendors and EDPs
The Egyptian tax authority ➤ has implemented a simplified framework for VAT registration and compliance for non-resident vendors and electronic distribution platforms (EDPs) selling remote services to consumers in Egypt
The simplified registration system ➤ is designed to make it easier for non-resident vendors and EDPs to comply with Egyptian VAT requirements
Under the simplified registration system ➤ non-resident vendors and EDPs can register for VAT online, without having to establish a physical presence in Egypt. The registration process is simplified and streamlined, and non-resident vendors and EDPs are only required to provide basic information about their business and their VAT obligations
Once registered ➤ non-resident vendors and EDPs are required to charge VAT on their sales of remote services to final consumers in Egypt and to remit the VAT to the Egyptian tax authority
The simplified registration system ➤ also provides for simplified VAT returns and reporting requirements, which should make it easier for non-resident vendors and EDPs to comply with their VAT obligations in Egypt
Make sure to register by June 22, 2023, to comply with the simplified vendor registration regime