{"id":577927,"date":"2022-12-11T04:00:17","date_gmt":"2022-12-11T04:00:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/11\/e-invoicing-registration-deadline-kicked-back\/"},"modified":"2022-12-11T04:00:17","modified_gmt":"2022-12-11T04:00:17","slug":"e-invoicing-registration-deadline-kicked-back","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/11\/e-invoicing-registration-deadline-kicked-back\/","title":{"rendered":"E-invoicing registration deadline kicked back"},"content":{"rendered":"

<\/a> FinMin extends e-invoicing registration deadline for the self-employed:<\/strong> 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<\/a> out Thursday.<\/p>\n

REMEMBER- <\/strong>There has been a chorus of opposition<\/a> to the new system from self-employed professionals including doctors, engineers, lawyers and artists, with dentists the most recent to voice their concerns. Only 150k companies had signed up to the new system ahead of the previous deadline<\/a>of 15 December, according to a tally<\/a> from the Tax Authority at the end of November. That\u2019s well below the 1 mn companies that will be required to register.<\/p>\n

And we think they need to get with the system, literally.<\/strong> Industry associations for lawyers have pushed back for years against VAT and e-invoicing, while the doctors and pharmacists\u2019 syndicates have resisted anything that would give the taxman clarity about their members\u2019 finances.<\/p>\n

BACKGROUND- What e-invoicing system?<\/strong> The Tax Authority has since late 2020 been rolling out a system that will see all B2B and B2C transactions captured via a state-controlled e-invoices portal. A business invoicing another business must use the portal to log its invoice, while retailers are required to integrate their point-of-sale software with the system to give the Tax Authority clarity on their sales. The system aims to clamp down on tax evasion and allow the Tax Authority to focus on undertaking tax audits on non-registered, non-compliant companies. You can check out our primer<\/a> on the system here.<\/p>\n

What\u2019s going on now? <\/strong>Major retailers and just about all businesses are now enrolled in the system. Lawyers, engineers, doctors, pharmacists and artists were to have followed suit by this week.<\/p>\n","protected":false},"excerpt":{"rendered":"

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- There has been a […]<\/p>\n","protected":false},"author":1,"featured_media":577928,"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":[7385],"tags":[72,276,69,3583],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-577927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-taxation","tag-enterpriseam","tag-finance-ministry","tag-tax","tag-taxation","wpautop","entry"],"acf":{"mongo_id":"2bf798f1-37dd-4862-b1eb-536f8c97a47f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/183.jpg","photo_position":"above","related_issue":[577918],"teaser":"","voice_url":""},"yoast_head":"\nE-invoicing registration deadline kicked back - 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\/12\/11\/e-invoicing-registration-deadline-kicked-back\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-invoicing registration deadline kicked back\" \/>\n<meta property=\"og:description\" content=\"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. 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Hundreds of lawyers gathered outside syndicates in Cairo, Alexandria,\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\/12\/91.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577776,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/05\/opposition-to-e-invoicing-among-the-self-employed-is-mounting\/","url_meta":{"origin":577927,"position":2},"title":"Opposition to e-invoicing among the self-employed is mounting","author":"enterpriseam admin","date":"5 December 2022","format":false,"excerpt":"It was a packed evening on talk shows last night, as Kelma Akhira\u2019s Lamees El Hadidi tried to understand the opposition of self-employed professionals to the Tax Authority\u2019s e-invoicing system.REMEMBER- The Tax Authority is requiring self-employed professionals, including doctors, engineers, lawyers and artists to register on the e-invoicing system by\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/68.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580118,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/this-evening-inflation-hits-five-year-high-ezz-el-arab-tapped-as-cibs-non-executive-chairman-finmin-extends-e-invoicing-registration-deadline-for-the-self-employed\/","url_meta":{"origin":577927,"position":3},"title":"THIS EVENING: Inflation hits five-year high + Ezz El Arab tapped as CIB\u2019s non-executive chairman + FinMin extends e-invoicing registration deadline for the self-employed","author":"enterpriseam admin","date":"8 December 2022","format":false,"excerpt":"Good afternoon, friends. We\u2019ve made it to the weekend after a whirlwind week for us here at Enterprise \u2014 and a particularly busy and interesting news week for Omm El Donia at large.THE BIG STORIES TODAY #1- Deval drives inflation to five-year high: Urban annual inflation accelerated to 18.7% in\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/662.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580250,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/15\/this-evening-valu-to-spend-usd-25-mn-on-regional-and-product-expansion-companies-have-another-two-weeks-to-register-with-finmins-e-invoicing-system\/","url_meta":{"origin":577927,"position":4},"title":"THIS EVENING: valU to spend USD 25 mn on regional and product expansion + Companies have another two weeks to register with FinMin\u2019s e-invoicing system","author":"enterpriseam admin","date":"15 December 2022","format":false,"excerpt":"Good afternoon, friends. It\u2019s finally time to slide into the weekend \u2014 and winter break for some kids.THE BIG STORY TODAY valU to spend USD 25 mn on regional + product expansion: EFG Hermes\u2019 buy-now-pay-later platform valU expects to invest some USD 25 mn to complete its expansion to Saudi\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/720.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580224,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/14\/this-evening-new-top-rate-for-income-tax-coming-its-fed-decision-day\/","url_meta":{"origin":577927,"position":5},"title":"THIS EVENING: New top rate for income tax coming? + It\u2019s Fed decision day","author":"enterpriseam admin","date":"14 December 2022","format":false,"excerpt":"Good afternoon, friends, and happy almost-THURSDAY. That end-of-year rush is in full gear here at home and it doesn\u2019t look like it will be letting up for the next few days.THE BIG STORY TODAY FinMin proposes new top rate for income tax: The Finance Ministry has submitted amendments to the\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/709.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\/577927","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=577927"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577927\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/577918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/577928"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=577927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=577927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=577927"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=577927"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=577927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}