{"id":598174,"date":"2019-05-16T03:28:17","date_gmt":"2019-05-16T03:28:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/"},"modified":"2019-05-16T03:28:17","modified_gmt":"2019-05-16T03:28:17","slug":"ida-sets-new-deadline-for-unregistered-factories-to-become-formal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/","title":{"rendered":"IDA sets new deadline for unregistered factories to become formal"},"content":{"rendered":"

IDA sets new deadline for unregistered factories to go legit: <\/b>The Industrial Development Authority (IDA) has given unregistered factories in accredited industrial zones until 30 June to obtain licenses and sign up with the registry of industrial companies, according to an IDA statement<\/a>. Companies that comply will be exempt from fines for having missed an earlier deadline of 30 December.<\/p>\n

The incentive is part of the government\u2019s drive to widen the tax base <\/b>by encouraging the informal economy to leave the shadows. The Sisi administration is presently preparing tax incentives<\/a> for SMEs to encourage them to join the formal sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

IDA sets new deadline for unregistered factories to go legit: The Industrial Development Authority (IDA) has given unregistered factories in accredited industrial zones until 30 June to obtain licenses and sign up with the registry of industrial companies, according to an IDA statement. Companies that comply will be exempt from fines for having missed an […]<\/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":[8572],"tags":[72,289,2412,131,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598174","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-industrial-development-authority","tag-informal-economy","tag-manufacturing","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"99b2add0-cc35-4002-9845-55124d68bcb5","is_powered_by":true,"section_story_id":"8ff9daf8-061a-4ced-95b0-da000e241f78","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598164],"teaser":"","voice_url":""},"yoast_head":"\nIDA sets new deadline for unregistered factories to become formal - 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\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDA sets new deadline for unregistered factories to become formal\" \/>\n<meta property=\"og:description\" content=\"IDA sets new deadline for unregistered factories to go legit: The Industrial Development Authority (IDA) has given unregistered factories in accredited industrial zones until 30 June to obtain licenses and sign up with the registry of industrial companies, according to an IDA statement. Companies that comply will be exempt from fines for having missed an […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-16T03:28:17+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IDA sets new deadline for unregistered factories to become formal\",\"datePublished\":\"2019-05-16T03:28:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/\"},\"wordCount\":109,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Industrial Development Authority\",\"informal economy\",\"Manufacturing\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/\",\"name\":\"IDA sets new deadline for unregistered factories to become formal - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-05-16T03:28:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IDA sets new deadline for unregistered factories to become formal\"}]},{\"@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":"IDA sets new deadline for unregistered factories to become formal - 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\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/","og_locale":"en_US","og_type":"article","og_title":"IDA sets new deadline for unregistered factories to become formal","og_description":"IDA sets new deadline for unregistered factories to go legit: The Industrial Development Authority (IDA) has given unregistered factories in accredited industrial zones until 30 June to obtain licenses and sign up with the registry of industrial companies, according to an IDA statement. Companies that comply will be exempt from fines for having missed an […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-05-16T03:28:17+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"IDA sets new deadline for unregistered factories to become formal","datePublished":"2019-05-16T03:28:17+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/"},"wordCount":109,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Industrial Development Authority","informal economy","Manufacturing","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/","name":"IDA sets new deadline for unregistered factories to become formal - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-05-16T03:28:17+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/ida-sets-new-deadline-for-unregistered-factories-to-become-formal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"IDA sets new deadline for unregistered factories to become formal"}]},{"@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":623241,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/ida-extends-deadline-for-industrial-registration-to-31-december\/","url_meta":{"origin":598174,"position":0},"title":"IDA extends deadline for industrial registration to 31 December","author":"enterpriseam admin","date":"23 October 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) decided yesterday to give factories in industrial zones a penalty-free extension until 31 December to get their permits and industrial registration paperwork in order. The extension applies to both idle and working factories and grants the latter an exemption from having to submit proof of\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625479,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/ida-agrees-to-extend-construction-deadline-for-1000-factories-project-investors-for-6-months\/","url_meta":{"origin":598174,"position":1},"title":"IDA agrees to extend construction deadline for 1,000 factories project investors for 6 months","author":"enterpriseam admin","date":"6 August 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) has agreed to give 20 investors from the New Cairo 1,000 factories project a six-month extension to the deadline to either begin construction or production, or risk losing their plots, says Hesham Kamal, a member of the factories\u2019 investors union. The deadline expires in January\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627721,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/10\/ida-gives-40-investors-from-1000-factories-three-month-ultimatum-to-remedy-their-situation\/","url_meta":{"origin":598174,"position":2},"title":"IDA gives 40 investors from 1,000 factories three-month ultimatum to remedy their situation","author":"enterpriseam admin","date":"10 June 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) gave 40 investors from the New Cairo 1,000 factories project a three-month deadline to either begin construction or production, or risk losing their plots, sources from the authority said. The IDA had previously issued several warnings, which the investors reportedly did not heed.","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621372,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/ida-to-re-tender-land-plots-seized-from-1000-factories-project-investors\/","url_meta":{"origin":598174,"position":3},"title":"IDA to re-tender land plots seized from 1,000 factories project investors","author":"enterpriseam admin","date":"6 November 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) is set to re-tender 15 land plots seized from investors in the New Cairo 1,000 factories project, IDA sources tell Al Mal. The authority has reportedly withdrawn land from 600 factories investors after failing to meet several consecutive deadlines to begin construction or production, according\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627456,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/ida-to-reexamine-higher-fees-for-industrial-licensing\/","url_meta":{"origin":598174,"position":4},"title":"IDA to reexamine higher fees for industrial licensing","author":"enterpriseam admin","date":"3 June 2018","format":false,"excerpt":"IDA to take a second look at higher fees for industrial licensing: IDA to The Industrial Development Authority (IDA) is said to be reexamining a new set of higher fees it issued last week amid complaints from businessmen and investors, the head of Parliament\u2019s SMEs Committee, Mohamed El Morshedy, tells\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":627676,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/ida-to-decide-on-whether-to-begin-seizing-land-from-1000-distressed-factories\/","url_meta":{"origin":598174,"position":5},"title":"IDA to decide on whether to begin seizing land from 1,000 \u201cdistressed\u201d factories","author":"enterpriseam admin","date":"7 June 2018","format":false,"excerpt":"The Industrial Development Authority (IDA) will decide today whether to begin seizing land from 128 investors unlucky enough to be part of the 1,000 factories who are constantly crying out for help in New Cairo over delays in completing construction or beginning production, according to an IDA source. The authority\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"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\/598174","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=598174"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598174\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/598164"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=598174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=598174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=598174"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=598174"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=598174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}