{"id":546774,"date":"2022-05-29T04:00:45","date_gmt":"2022-05-29T04:00:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/"},"modified":"2022-05-29T04:00:45","modified_gmt":"2022-05-29T04:00:45","slug":"finmin-to-rollout-e-receipts-nationwide-by-mid-2025","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/","title":{"rendered":"FinMin to rollout e-receipts nationwide by mid-2025"},"content":{"rendered":"

<\/a> All companies will be required to implement the new e-receipt system for B2C <\/strong>transactions by July 2025<\/strong>, the Finance Ministry said in a statement<\/a> 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<\/a>, and will gradually onboard companies over a three-year period from October, the ministry said.<\/p>\n

Companies will be onboarded in batches<\/strong>, with an additional 400 in Cairo and Alexandria joining the program in October. Other deadlines will follow with companies grouped by industry (consumer durables, jewelers, grocers) and others by governorate. We have the full breakdown here.<\/a><\/p>\n

Refresher:<\/strong> E-receipts will work alongside the ministry\u2019s e-invoicing system<\/a> to allow authorities to monitor all transactions in the country. E-receipts will record all business-to-consumer (B2C) sales, enabling the Tax Authority to detect tax evasion and bring more businesses into the formal economy. Read this<\/a> for more on how the system works.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 will gradually onboard companies over […]<\/p>\n","protected":false},"author":1,"featured_media":546775,"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":[339,72,276,277,69,288],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax","tag-e-finance","tag-enterpriseam","tag-finance-ministry","tag-mohamed-maait","tag-tax","tag-tax-authority","wpautop","entry"],"acf":{"mongo_id":"46bdb5c9-d733-4aa5-a972-729b4cf0eb9d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/379.jpg","photo_position":"above","related_issue":[546762],"teaser":"","voice_url":""},"yoast_head":"\nFinMin to rollout e-receipts nationwide by mid-2025 - 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\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinMin to rollout e-receipts nationwide by mid-2025\" \/>\n<meta property=\"og:description\" content=\"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 will gradually onboard companies over […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-29T04:00:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/5\/379.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FinMin to rollout e-receipts nationwide by mid-2025\",\"datePublished\":\"2022-05-29T04:00:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/\"},\"wordCount\":163,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/5\/379.jpg?fit=%2C&ssl=1\",\"keywords\":[\"e-finance\",\"EnterpriseAM\",\"Finance Ministry\",\"Mohamed Maait\",\"tax\",\"Tax Authority\"],\"articleSection\":[\"Tax\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/finmin-to-rollout-e-receipts-nationwide-by-mid-2025\/\",\"name\":\"FinMin to rollout e-receipts nationwide by mid-2025 - 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The decision will affect more than 3.7k companies, the names of which were\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\/271.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564998,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/timeline-for-all-companies-to-join-e-invoicing-system-announced\/","url_meta":{"origin":546774,"position":2},"title":"Timeline for all companies to join e-invoicing system announced","author":"enterpriseam admin","date":"11 March 2021","format":false,"excerpt":"EXCLUSIVE- FinMin releases timeline for nationwide rollout of B2B e-invoicing system: The Finance Ministry is planning to gradually rollout the e-invoicing system for all B2B transactions across various governorates after all large taxpayers join the system on 1 July 2021, Mohsen El Gayar, director of taxpayer services at the Tax\u2026","rel":"","context":"In "SPEED ROUND: REGULATION WATCH"","block_context":{"text":"SPEED ROUND: REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544984,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/30\/e-receipt-pilot-starting-1-april\/","url_meta":{"origin":546774,"position":3},"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":573601,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/egypts-tax-authority-is-rolling-2-5k-companies-into-its-e-filing-system-in-1q2021\/","url_meta":{"origin":546774,"position":4},"title":"Egypt\u2019s Tax Authority is rolling 2.5k companies into its e-filing system in 1Q2021","author":"enterpriseam admin","date":"11 August 2020","format":false,"excerpt":"Second phase of Tax Authority\u2019s e-filing rollout to take place in 1Q2021: More than 2.5k companies will be required to submit tax returns and sales receipts electronically when the government rolls out the second phase of its e-filing system in 1Q2021, said Mohsen El-Gayar, Director of Taxpayer Services at the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/8\/81.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545825,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/e-receipt-system-pilot-to-kick-off-15-april-official-rollout-set-for-1-july\/","url_meta":{"origin":546774,"position":5},"title":"E-receipt system pilot to kick off 15 April + official rollout set for 1 July","author":"enterpriseam admin","date":"13 April 2022","format":false,"excerpt":"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. 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