{"id":557462,"date":"2021-09-20T04:00:56","date_gmt":"2021-09-20T04:00:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/e-invoicing-rollout-rolls-on\/"},"modified":"2021-09-20T04:00:56","modified_gmt":"2021-09-20T04:00:56","slug":"e-invoicing-rollout-rolls-on","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/e-invoicing-rollout-rolls-on\/","title":{"rendered":"E-invoicing rollout rolls on"},"content":{"rendered":"

<\/a> Joint stock companies and investment companies in Cairo will have to register with the government\u2019s electronic invoicing platform and begin issuing digital invoices <\/strong>by <\/strong>15 December<\/strong> under a directive (pdf)<\/a> issued by the Tax Authority on Thursday. The decision will affect more than 3.7k companies, the names of which were published by the authority.<\/p>\n

Large taxpayers are already on board: <\/strong>Some 2.8k large taxpayers have signed up to the Finance Ministry\u2019s new digital platform over several phases going back to last November, and last week was the final deadline<\/a> for them to register. Large companies who have not joined the system now face penalties<\/a> that include inclusion in the Tax Authority\u2019s black list and being denied basic government services.<\/p>\n

What next?<\/strong> State agencies and companies in which the state owns a majority stake must also register by 1 October. The government plans to roll out electronic invoicing for all business-to-consumer transactions, a process which Finance Minister Mohamed Maait told Reuters<\/a> last week will start to be implemented within six months but one that is expected to be altogether more complicated than the first B2B phase. The ministry is hoping to get all of the country\u2019s taxpayers submitting B2B invoices by April 2023<\/a>.<\/p>\n

The new system could double the government\u2019s tax revenue<\/strong>, Maait said. \"My expectation is that with the completion of the easiest project, tax revenue will be doubled, from EGP 1 tn to EGP 2 tn,\" the minister said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Joint stock companies and investment companies in Cairo will have to register with the government\u2019s electronic invoicing platform and begin issuing digital invoices by 15 December under a directive (pdf) issued by the Tax Authority on Thursday. The decision will affect more than 3.7k companies, the names of which were published by the authority. Large […]<\/p>\n","protected":false},"author":1,"featured_media":557463,"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":[72,9728,277,69,288],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax","tag-enterpriseam","tag-finance-minister","tag-mohamed-maait","tag-tax","tag-tax-authority","wpautop","entry"],"acf":{"mongo_id":"bd3ab8f6-e6bc-4562-9904-eb485b5cb217","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/9\/271.jpg","photo_position":"above","related_issue":[557453],"teaser":"","voice_url":""},"yoast_head":"\nE-invoicing rollout rolls on - 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\/2021\/09\/20\/e-invoicing-rollout-rolls-on\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-invoicing rollout rolls on\" \/>\n<meta property=\"og:description\" content=\"Joint stock companies and investment companies in Cairo will have to register with the government\u2019s electronic invoicing platform and begin issuing digital invoices by 15 December under a directive (pdf) issued by the Tax Authority on Thursday. The decision will affect more than 3.7k companies, the names of which were published by the authority. 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Tax centers that handle\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\/2020\/12\/151.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564068,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/05\/the-tax-authority-stick\/","url_meta":{"origin":557462,"position":2},"title":"The Tax Authority stick","author":"enterpriseam admin","date":"5 August 2021","format":false,"excerpt":"The Tax Authority referred 10 more companies to the prosecution this week due to their failure to comply with the authority\u2019s e-invoicing system, Tax Authority head Reda Abdelkader said in a statement (pdf) today.This brings the total number of non-compliant companies to 53 across all three registration phases, he adds.\u2026","rel":"","context":"In "SPEED ROUND: TAXATION"","block_context":{"text":"SPEED ROUND: TAXATION","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-taxation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":670467,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/20\/foreign-oil-firms-voice-concerns-over-plan-to-register-crude-suppliers\/","url_meta":{"origin":557462,"position":3},"title":"Foreign oil firms voice concerns over plan to register crude suppliers","author":"enterpriseam admin","date":"20 August 2025","format":false,"excerpt":"Kouchouk vowed to resolve the issue before the end of the month","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\/2025\/5\/2299.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568373,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/28\/sign-up-for-e-invoicing-system-or-else\/","url_meta":{"origin":557462,"position":4},"title":"Sign up for e-invoicing system \u2014 or else","author":"enterpriseam admin","date":"28 December 2020","format":false,"excerpt":"The Finance Ministry is instituting a zero-tolerance policy on all large taxpayers that do not join the e-invoicing system by 1 July 2021, with plans in place to punish them and deny them basic services, benefits and incentives, Finance Minister Mohamed Maait said in a statement yesterday. The government had\u2026","rel":"","context":"In "REGULATION WATCH"","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/458.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":557462,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557462","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=557462"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557462\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/557453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/557463"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557462"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557462"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}