{"id":545825,"date":"2022-04-13T04:04:33","date_gmt":"2022-04-13T04:04:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/"},"modified":"2022-04-13T04:04:33","modified_gmt":"2022-04-13T04:04:33","slug":"e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/","title":{"rendered":"E-receipt system pilot to kick off 15 April + official rollout set for 1 July"},"content":{"rendered":"

<\/a> E-receipt system pilot to kick off 15 April: <\/strong>The Finance Ministry will launch a pilot of its e-receipt system for business-to-consumer (B2C) transactions this Friday, 15 April, it said in a statement<\/a> yesterday. The trial period will last for 11 weeks until 1 July when the system will be officially rolled out, it said.<\/p>\n

What\u2019s this all about? <\/strong>The taxman wants the ability to track back and validate any sale a retail business makes to a customer. Imagine, for example, a shopper at your Friendly Neighborhood Supermarket buying an EGP 500 basket of goods. With the e-receipt system, the details of the transaction would be captured in real time by the taxman from the point of sale. That would make it impossible for Friendly Neighborhood Supermarket\u2019s owner to hide revenue from the Tax Authority by keeping two sets of books: one with 100% of sales and expenses for his \/ her own use, and the other for government consumption with, say, 85% of sales and 100% of expenses.<\/p>\n

How it works:<\/strong> Sales data controllers will be installed in all payment processing systems used by retailers and wholesalers to monitor and record all tax-relevant transactions. A state contractor \u2014 which has not yet been contracted, we\u2019re told \u2014 will provide retailers with POS machines and will be responsible for activating and monitoring them and providing technical support. The e-receipts will also be encoded with QR codes that allow tax officials to verify their validity.<\/p>\n

Who\u2019s involved:<\/strong> Some 100 taxpayers from a variety of sectors will be involved in the pilot, Mohamed Keshk, who heads an internal audit department at the Tax Authority\u2019s large taxpayers division, told us yesterday. He declined to name names, but did say that two of consumer electronics giant El Araby\u2019s subsidiaries are involved in the program.<\/p>\n

E-receipts won\u2019t be issued from the get-go:<\/strong> During the first month of the pilot, sales data controllers will be distributed and retailers will receive training on how to use the system, says Keshk. By mid-May, we can expect to see the first e-receipts being rolled out, he added.<\/p>\n

Wasn\u2019t this supposed to start two weeks ago?<\/strong> We had reported that the pilot would kick off on 1 April<\/a>, but Keshk told us yesterday that the beginning of April marked the end of the authority\u2019s preparations, rather than the start date for the pilot.<\/p>\n

What\u2019s the plan for the official rollout?<\/strong> Companies with the largest sales volumes will be the first to be onboarded to the system in July, before it is rolled out to medium and small companies at a later stage, Keshk said. The ministry has not yet settled on a timeline for the full rollout, he added.<\/p>\n

The system is being implemented by E-Tax<\/strong>, a subsidiary of EGX-listed fintech player e-Finance.<\/p>\n

BACKGROUND:<\/strong> The new system complements the ongoing rollout of the wider e-invoicing program<\/a>, and \u2014 in addition to cracking down on tax evasion \u2014 aims to help the Tax Authority reduce the size of the informal economy. It could also shore up consumer rights, since purchasers will no longer have to keep hold of paper receipts if they end up deciding to return items, FinMin has said.<\/p>\n

Current state of the e-invoicing rollout:<\/strong> Over 52k companies have so far registered on the system and have sent some 154 mn e-invoices, according to the statement. The system had detected over 17k cases of tax evasion \u2014 clawing back more than EGP 6 bn for the treasury \u2014 as of the end of 1Q, officials said previously.<\/p>\n

Where this came from: <\/strong>The Tax Authority launched a pilot<\/a> for the B2B e-invoicing program with 134 companies in late 2020, before extending the system to all large taxpayers last July<\/a>. All B2B invoices issued by businesses based in the Greater Cairo Area will be automated by June, director of taxpayer services at the Tax Authority Mohsen El Gayar recently told Enterprise<\/a>, while all B2B and B2C invoices across the country should be fully automated by December.<\/p>\n","protected":false},"excerpt":{"rendered":"

E-receipt system pilot to kick off 15 April: The Finance Ministry will launch a pilot of its e-receipt system for business-to-consumer (B2C) transactions this Friday, 15 April, it said in a statement yesterday. The trial period will last for 11 weeks until 1 July when the system will be officially rolled out, it said. What\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":545826,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7382],"tags":[72,276,69,288],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax","tag-enterpriseam","tag-finance-ministry","tag-tax","tag-tax-authority","wpautop","entry"],"acf":{"mongo_id":"6deafdd9-17f0-427d-8b0d-8d2afa71e220","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/4\/228.jpg","photo_position":"above","related_issue":[545814],"teaser":"","voice_url":""},"yoast_head":"\nE-receipt system pilot to kick off 15 April + official rollout set for 1 July - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-receipt system pilot to kick off 15 April + official rollout set for 1 July\" \/>\n<meta property=\"og:description\" content=\"E-receipt system pilot to kick off 15 April: The Finance Ministry will launch a pilot of its e-receipt system for business-to-consumer (B2C) transactions this Friday, 15 April, it said in a statement yesterday. The trial period will last for 11 weeks until 1 July when the system will be officially rolled out, it said. What\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-13T04:04:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"E-receipt system pilot to kick off 15 April + official rollout set for 1 July\",\"datePublished\":\"2022-04-13T04:04:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/\"},\"wordCount\":670,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Finance Ministry\",\"tax\",\"Tax Authority\"],\"articleSection\":[\"Tax\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/\",\"name\":\"E-receipt system pilot to kick off 15 April + official rollout set for 1 July - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-04-13T04:04:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"E-receipt system pilot to kick off 15 April + official rollout set for 1 July\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"E-receipt system pilot to kick off 15 April + official rollout set for 1 July - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/","og_locale":"en_US","og_type":"article","og_title":"E-receipt system pilot to kick off 15 April + official rollout set for 1 July","og_description":"E-receipt system pilot to kick off 15 April: The Finance Ministry will launch a pilot of its e-receipt system for business-to-consumer (B2C) transactions this Friday, 15 April, it said in a statement yesterday. The trial period will last for 11 weeks until 1 July when the system will be officially rolled out, it said. What\u2019s […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-04-13T04:04:33+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"E-receipt system pilot to kick off 15 April + official rollout set for 1 July","datePublished":"2022-04-13T04:04:33+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/"},"wordCount":670,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","Finance Ministry","tax","Tax Authority"],"articleSection":["Tax"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/","name":"E-receipt system pilot to kick off 15 April + official rollout set for 1 July - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1","datePublished":"2022-04-13T04:04:33+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"E-receipt system pilot to kick off 15 April + official rollout set for 1 July"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/228.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":544984,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/30\/e-receipt-pilot-starting-1-april\/","url_meta":{"origin":545825,"position":0},"title":"E-receipt pilot starting 1 April","author":"enterpriseam admin","date":"30 March 2022","format":false,"excerpt":"E-receipt system pilot to kick off in April: The Finance Ministry will launch its e-receipt system for B2C transactions this Friday, 1 April, to complement the ongoing rollout of its wider e-invoicing program, it said in a statement yesterday.Who\u2019s involved: The ministry didn\u2019t disclose which companies are taking part in\u2026","rel":"","context":"In "Tax"","block_context":{"text":"Tax","link":"https:\/\/enterpriseam.com\/egypt\/category\/tax\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/700.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563808,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/25\/e-receipt-pilot-system-to-launch-within-6-months\/","url_meta":{"origin":545825,"position":1},"title":"E-receipt pilot system to launch within 6 months","author":"enterpriseam admin","date":"25 July 2021","format":false,"excerpt":"E-receipt pilot up and running within six months: The Finance Ministry will launch the pilot phase of its e-receipt system in the next six months to complement the existing e-invoicing program, the ministry said in a statement.Why the move? The new scheme aims to help the Tax Authority monitor and\u2026","rel":"","context":"In "Tax"","block_context":{"text":"Tax","link":"https:\/\/enterpriseam.com\/egypt\/category\/tax\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557569,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/23\/and-so-it-begins\/","url_meta":{"origin":545825,"position":2},"title":"And so it begins...","author":"enterpriseam admin","date":"23 September 2021","format":false,"excerpt":"A pilot program for B2C e-invoicing has kicked off: The Finance Ministry has announced the rollout of electronic invoicing for business-to-consumer transactions, marking a new phase of the government\u2019s efforts to bring more Egyptian businesses into the formal economy and and make it more difficult to avoid giving the taxman\u2026","rel":"","context":"In "Tax"","block_context":{"text":"Tax","link":"https:\/\/enterpriseam.com\/egypt\/category\/tax\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/325.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577927,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/11\/e-invoicing-registration-deadline-kicked-back\/","url_meta":{"origin":545825,"position":3},"title":"E-invoicing registration deadline kicked back","author":"enterpriseam admin","date":"11 December 2022","format":false,"excerpt":"FinMin extends e-invoicing registration deadline for the self-employed: Self-employed individuals \u2014 including doctors, pharmacists, and lawyers \u2014 now have until 30 April 2023 to register with the Tax Authority\u2019s e-invoicing system, after the Finance Ministry extended the deadline from next Thursday, 15 December, according to a ministry statement out Thursday.REMEMBER-\u2026","rel":"","context":"In "Taxation"","block_context":{"text":"Taxation","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/taxation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/183.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546774,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/","url_meta":{"origin":545825,"position":4},"title":"FinMin to rollout e-receipts nationwide by mid-2025","author":"enterpriseam admin","date":"29 May 2022","format":false,"excerpt":"All companies will be required to implement the new e-receipt system for B2C transactions by July 2025, the Finance Ministry said in a statement Thursday outlining the timeline for the rollout of the real-time digital system. The ministry has been piloting the system with around 100 taxpayers since April, and\u2026","rel":"","context":"In "Tax"","block_context":{"text":"Tax","link":"https:\/\/enterpriseam.com\/egypt\/category\/tax\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/379.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559326,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/18\/hey-there-informal-economy-wink-wink\/","url_meta":{"origin":545825,"position":5},"title":"Hey there, informal economy (wink, wink)","author":"enterpriseam admin","date":"18 January 2021","format":false,"excerpt":"The Finance Ministry\u2019s digitalization drive shows exactly zero signs of slowing down. Up next: a pilot program kicking off in 2Q2021 for a digital inventory of real estate now that the government\u2019s drive to bring online registry offices nationwide seems to be wrapping up. The program, which is yet to\u2026","rel":"","context":"In "DIGITIZATION WATCH"","block_context":{"text":"DIGITIZATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/digitization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/205.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=545825"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545825\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/545814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/545826"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=545825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=545825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=545825"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=545825"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=545825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}