{"id":559653,"date":"2021-01-31T04:08:09","date_gmt":"2021-01-31T04:08:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/"},"modified":"2021-01-31T04:08:09","modified_gmt":"2021-01-31T04:08:09","slug":"companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/","title":{"rendered":"Companies in dedicated investment zones are in line for a VAT exemption"},"content":{"rendered":"

<\/a> Goods and services from special economic zones (SEZs) may soon be made <\/strong>VAT-exempt <\/strong>under draft legislative amendments approved by the House Planning and Budgeting Committee on Wednesday, reports Al Mal<\/a>. If passed in a final general assembly vote, the changes \u2014 part of a raft of amendments to the VAT Act \u2014 would afford projects set up in SEZs the same treatment as those in freezones, which pay no VAT on goods and services they import or export, excluding cars.<\/p>\n

More VAT changes in the pipeline:<\/strong> An amendment that would scrap VAT on strategic commodities including legumes, grains, table salt, and spices received committee approval<\/a> last week, whileproposals to close exemptions<\/a> for products including crackers and sweet pastries as well as commercial and administrative real estate remain with the committee.<\/p>\n","protected":false},"excerpt":{"rendered":"

Goods and services from special economic zones (SEZs) may soon be made VAT-exempt under draft legislative amendments approved by the House Planning and Budgeting Committee on Wednesday, reports Al Mal. If passed in a final general assembly vote, the changes \u2014 part of a raft of amendments to the VAT Act \u2014 would afford projects […]<\/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":[72,187,69,132,7110,3094],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559653","post","type-post","status-publish","format-standard","hentry","category-legislation-watch","tag-enterpriseam","tag-legislation-watch","tag-tax","tag-trade","tag-vat","tag-vat-act","wpautop","entry"],"acf":{"mongo_id":"22ae34e3-24fa-4a73-8ce0-733a7e67db74","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559637],"teaser":"","voice_url":""},"yoast_head":"\nCompanies in dedicated investment zones are in line for a VAT exemption - 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\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Companies in dedicated investment zones are in line for a VAT exemption\" \/>\n<meta property=\"og:description\" content=\"Goods and services from special economic zones (SEZs) may soon be made VAT-exempt under draft legislative amendments approved by the House Planning and Budgeting Committee on Wednesday, reports Al Mal. If passed in a final general assembly vote, the changes \u2014 part of a raft of amendments to the VAT Act \u2014 would afford projects […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-31T04:08:09+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\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Companies in dedicated investment zones are in line for a VAT exemption\",\"datePublished\":\"2021-01-31T04:08:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/\"},\"wordCount\":140,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Legislation Watch\",\"tax\",\"trade\",\"VAT\",\"VAT Act\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/\",\"name\":\"Companies in dedicated investment zones are in line for a VAT exemption - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-01-31T04:08:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Companies in dedicated investment zones are in line for a VAT exemption\"}]},{\"@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":"Companies in dedicated investment zones are in line for a VAT exemption - 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\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/","og_locale":"en_US","og_type":"article","og_title":"Companies in dedicated investment zones are in line for a VAT exemption","og_description":"Goods and services from special economic zones (SEZs) may soon be made VAT-exempt under draft legislative amendments approved by the House Planning and Budgeting Committee on Wednesday, reports Al Mal. If passed in a final general assembly vote, the changes \u2014 part of a raft of amendments to the VAT Act \u2014 would afford projects […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-01-31T04:08:09+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Companies in dedicated investment zones are in line for a VAT exemption","datePublished":"2021-01-31T04:08:09+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/"},"wordCount":140,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Legislation Watch","tax","trade","VAT","VAT Act"],"articleSection":["LEGISLATION WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/","name":"Companies in dedicated investment zones are in line for a VAT exemption - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-01-31T04:08:09+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/companies-in-dedicated-investment-zones-are-in-line-for-a-vat-exemption\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Companies in dedicated investment zones are in line for a VAT exemption"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":572225,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/ads-will-be-subject-to-vat-but-not-stamp-tax-vat-drawback-system-for-tourists-could-be-expanded-under-sweeping-changes-proposed-to-value-added-tax-act\/","url_meta":{"origin":559653,"position":0},"title":"Ads will be subject to VAT (but not stamp tax), VAT drawback system for tourists could be expanded under sweeping changes proposed to Value-Added Tax Act","author":"enterpriseam admin","date":"16 June 2020","format":false,"excerpt":"SMART POLICY- Most commercial advertising will be subject to value-added tax under sweeping amendments to the VAT Act that the Finance Ministry finalized yesterday andposted to its website (pdf). In a move sure to be welcomed by advertisers and media organizations alike, the amendments would (if passed) also lift 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\/6\/173.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569322,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/amended-vat-act-to-remove-baked-snacks-from-list-of-vat-exempt-goods-in-egypt\/","url_meta":{"origin":559653,"position":1},"title":"Amended VAT Act to remove baked snacks from list of VAT-exempt goods in Egypt","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"LEGISLATION WATCH- Amended VAT Act to remove baked snacks, shower gel from list of VAT-exempt goods: The committee drawing up amendments to the VAT Act has reportedly agreed to impose the 14% VAT tax on baked snacks, crackers, and shower gel, instead of a 5% rate currently in place, 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":572389,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/23\/egypts-cabinet-economic-committee-approves-proposed-vat-tax-act-amendments\/","url_meta":{"origin":559653,"position":2},"title":"Egypt\u2019s Cabinet Economic Committee approves proposed VAT Tax Act amendments","author":"enterpriseam admin","date":"23 June 2020","format":false,"excerpt":"LEGISLATION WATCH- The Cabinet economic group signed off yesterday on proposed amendments to the VAT Tax Act, which now go to cabinet as a whole for approval, according to a statement. The proposed legislative changes, which the Finance Ministry finalized last week, would subject most commercial advertising to the value-added\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":568556,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/15\/snackfood-industry-want-vat-act-amendments-scrapped\/","url_meta":{"origin":559653,"position":3},"title":"Snackfood industry want VAT act amendments scrapped","author":"enterpriseam admin","date":"15 November 2020","format":false,"excerpt":"LEGISLATION WATCH- Snackfood industry petitions House not to impose full VAT on sweets: Snackfood makers are lobbying the House Planning and Budgeting Committee to leave VAT on pastries and baked goods unchanged in any upcoming amendments to the VAT Act, CEO of snack food giant Edita Hani Berzi told 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\/11\/148.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575752,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/26\/vat-act-amendments-submitted-to-egypts-house-of-representatives\/","url_meta":{"origin":559653,"position":4},"title":"VAT Act amendments submitted to Egypt\u2019s House of Representatives","author":"enterpriseam admin","date":"26 October 2020","format":false,"excerpt":"LEGISLATION WATCH- Office space and snack tax? Amendments to the VAT Act that would impose VAT on non-residential property and some snack foods are now with the House of Representatives after going through Cabinet, the local press reports. The changes would apply a 14% VAT to the rent and purchase\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":554013,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/snacks-arent-getting-the-vat-treatment\/","url_meta":{"origin":559653,"position":5},"title":"Snacks aren\u2019t getting the VAT treatment","author":"enterpriseam admin","date":"16 December 2021","format":false,"excerpt":"Breaking down the VAT Act amendments: Earlier this week, the House of Representatives gave its final approval to amendments to the VAT Act that change up the tax treatment for a handful of services and products, as per a committee report (pdf). Other new stipulations in the newly-passed amendments:The big\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/362.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\/559653","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=559653"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559653\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559637"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559653"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559653"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}