{"id":559250,"date":"2021-01-14T03:45:32","date_gmt":"2021-01-14T03:45:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/"},"modified":"2021-01-14T03:45:32","modified_gmt":"2021-01-14T03:45:32","slug":"executive-regs-for-smes-act-under-review-by-cabinet","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/","title":{"rendered":"Executive regs for SMEs Act under review by cabinet"},"content":{"rendered":"

The executive regulations for the SMEs Act are currently under review by the <\/strong>Madbouly Cabinet<\/strong> and \u201cother relevant authorities,\u201d Deputy CEO of the Micro Small and Medium Enterprise Development Agency Tarek Shash said in a statement picked up by Masrawy<\/a>. The SMEs Act was ratified last July<\/a> and offers small businesses a number of tax and regulatory incentives<\/a> to join the formal economy.<\/p>\n

The regs are expected to be finalized and ratified within a few weeks<\/strong>, Shash said on the airwaves last night (watch, runtime: 9:43<\/a>). The regs will affect some 4 mn SMEs, which provide nearly 77% of the country\u2019s jobs, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The executive regulations for the SMEs Act are currently under review by the Madbouly Cabinet and \u201cother relevant authorities,\u201d Deputy CEO of the Micro Small and Medium Enterprise Development Agency Tarek Shash said in a statement picked up by Masrawy. The SMEs Act was ratified last July and offers small businesses a number of tax […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7344],"tags":[72,187,287,1348],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559250","post","type-post","status-publish","format-standard","hentry","category-legislation-watch","tag-enterpriseam","tag-legislation-watch","tag-smes","tag-smes-act","wpautop","entry"],"acf":{"mongo_id":"74ecb0ff-0f5b-47e0-a20a-dab47b50fbb7","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559235],"teaser":"","voice_url":""},"yoast_head":"\nExecutive regs for SMEs Act under review by cabinet - 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\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Executive regs for SMEs Act under review by cabinet\" \/>\n<meta property=\"og:description\" content=\"The executive regulations for the SMEs Act are currently under review by the Madbouly Cabinet and \u201cother relevant authorities,\u201d Deputy CEO of the Micro Small and Medium Enterprise Development Agency Tarek Shash said in a statement picked up by Masrawy. The SMEs Act was ratified last July and offers small businesses a number of tax […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T03:45:32+00:00\" \/>\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\/2021\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Executive regs for SMEs Act under review by cabinet\",\"datePublished\":\"2021-01-14T03:45:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/\"},\"wordCount\":111,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Legislation Watch\",\"SMEs\",\"SMEs Act\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/executive-regs-for-smes-act-under-review-by-cabinet\/\",\"name\":\"Executive regs for SMEs Act under review by cabinet - 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The recently-ratified law includes tax and non-tax incentives to support SMEs to join the formal economy. Those include tax\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596734,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/finance-ministry-completes-executive-regs-for-public-contracts-act\/","url_meta":{"origin":559250,"position":1},"title":"Finance Ministry completes executive regs for Public Contracts Act","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"LEGISLATION WATCH- The Finance Ministry has completed the executive regulations of the Public Contracts Act and will send them to Cabinet for review, Youm7 reports. The new regulations aim to promote fair competition for government tenders, increase interest, and improve the transparency of the bidding process. The regulations lengthen 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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":585866,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/01\/new-regs-to-help-smes-access-finance\/","url_meta":{"origin":559250,"position":2},"title":"New regs to help SMEs access finance","author":"enterpriseam admin","date":"1 May 2023","format":false,"excerpt":"MSMEDA finance can be used to unlock bank loans","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/05\/shops-alexandria-1920px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592647,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/03\/govt-issues-public-contracts-act-executive-regulations\/","url_meta":{"origin":559250,"position":3},"title":"Gov\u2019t issues Public Contracts Act executive regulations","author":"enterpriseam admin","date":"3 November 2019","format":false,"excerpt":"REGULATION WATCH- Gov\u2019t issues executive regulation for Public Contracts Act: The government has issued the executive regulations of the Public Contracts Act, according to a Finance Ministry statement on Friday. The statement was very light on details, but reiterated previous statements that the regs would set up an e-procurement system\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575423,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/microfinance-act-amendments-that-bring-smes-under-legislation-signed-into-law\/","url_meta":{"origin":559250,"position":4},"title":"Microfinance Act amendments that bring SMEs under legislation signed into law","author":"enterpriseam admin","date":"14 October 2020","format":false,"excerpt":"LEGISLATION WATCH- SME lenders are now subject to the Microfinance Act now that President Abdel Fattah El Sisi ratified amendments to the law yesterday. 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