{"id":600096,"date":"2019-01-20T04:09:21","date_gmt":"2019-01-20T04:09:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/"},"modified":"2019-01-20T04:09:21","modified_gmt":"2019-01-20T04:09:21","slug":"egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/","title":{"rendered":"Egypt\u2019s new Ride-Hailing Apps Act to impose EGP 2-5 levy per ride"},"content":{"rendered":"<p><b>LEGISLATION WATCH- The executive regulations to the Ride-Hailing Apps Act will likely introduce a new levy of EGP 2-5 per trip<\/b>, a source close to the committee drafting the regs <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2019\/1\/15\/1497138\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D9%81%D8%B1%D8%B6-%D8%B1%D8%B3%D9%88%D9%85-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%B9%D9%84%D9%89-%D8%B1%D8%AD%D9%84%D8%A7%D8%AA-%D8%A3%D9%88%D8%A8%D8%B1-%D9%88%D9%83%D8%B1%D9%8A%D9%85-?fbclid=IwAR0FN30OgBlDqoNPeVVllJa421JP926QF3X5Ekyiz_B0OR-ipEavkraKIfg\">told Masrawy<\/a>. Expect the ride-hailing companies to pass the cost to their customers. Sources from Uber and Careem <a href=\"https:\/\/www.almalnews.com\/Story\/407525\/17\/%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA%20%D9%88%D8%AA%D9%83%D9%86%D9%88%D9%84%D9%88%D8%AC%D9%8A%D8%A7\">speaking to Al Mal<\/a> criticized the proposed levy as unnecessary, saying that consumers are already overburdened. It remains unclear when the executive regulations will be issued: <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/21\/ride-hailing-apps-act-exec-regs-out-soon\/\">last we heard<\/a>, they should have been out by the end of last year. The bill passed the House of Representatives in its controversial <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/\">final form<\/a> in May of last year and was signed into law <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/25\/el-sisi-signs-into-law-acts-on-ride-hailing-apps-ida-powers-and-autonomy-financing-for-low-income-housing-food-carts\/\">shortly thereafter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- The executive regulations to the Ride-Hailing Apps Act will likely introduce a new levy of EGP 2-5 per trip, a source close to the committee drafting the regs told Masrawy. Expect the ride-hailing companies to pass the cost to their customers. Sources from Uber and Careem speaking to Al Mal criticized the proposed [&hellip;]<\/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":[72,1318,180,328,2380,123,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600096","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-fiscal-policy","tag-legislation","tag-ride-hailing","tag-speed-round","tag-startups","tag-transport","wpautop","entry"],"acf":{"mongo_id":"ea6476b2-3165-411c-81bf-c609a3096473","is_powered_by":true,"section_story_id":"59fc46ba-12ee-4fec-ae33-68a236e828f9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600080],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s new Ride-Hailing Apps Act to impose EGP 2-5 levy per ride - 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\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s new Ride-Hailing Apps Act to impose EGP 2-5 levy per ride\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- The executive regulations to the Ride-Hailing Apps Act will likely introduce a new levy of EGP 2-5 per trip, a source close to the committee drafting the regs told Masrawy. Expect the ride-hailing companies to pass the cost to their customers. Sources from Uber and Careem speaking to Al Mal criticized the proposed [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-20T04:09:21+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\/2019\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s new Ride-Hailing Apps Act to impose EGP 2-5 levy per ride\",\"datePublished\":\"2019-01-20T04:09:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/\"},\"wordCount\":125,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"fiscal policy\",\"legislation\",\"ride-hailing\",\"SPEED ROUND\",\"startups\",\"transport\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypts-new-ride-hailing-apps-act-to-impose-egp-2-5-levy-per-ride\/\",\"name\":\"Egypt\u2019s new Ride-Hailing Apps Act to impose EGP 2-5 levy per ride - 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The regs cover a variety of regulatory procedures, including registration, licensing, taxes and social insurance \u2014 stipulating that all\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/5.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591571,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/govt-invites-ride-hailing-companies-to-discuss-ride-hailing-apps-act-exec-regs\/","url_meta":{"origin":600096,"position":1},"title":"Gov\u2019t invites ride-hailing companies to discuss Ride Hailing Apps Act exec regs","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"REGULATION WATCH- The government is inviting ride-hailing companies to come in for a talk about the executive regulations of the Ride-Hailing Apps Act, Masrawy reported. The regulations were made official in September after winning cabinet approval and being published in the Official Gazette, and the meetings now taking place are\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":600917,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/","url_meta":{"origin":600096,"position":2},"title":"Uber raises fares to offset anticipated implementation of VAT","author":"enterpriseam admin","date":"13 February 2019","format":false,"excerpt":"Ride-hailing app Uber has decided to raise its fares to offset inflation, an increase in its drivers\u2019 fees, and the upcoming implementation of the 14% value-added tax (VAT) on its operations, according to an emailed statement (pdf). The Ride-Hailing Apps Act, which passed the House of Representatives in its controversial\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626624,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/ride-hailing-apps-regs-to-be-issued-in-september\/","url_meta":{"origin":600096,"position":3},"title":"Ride-hailing Apps regs to be issued in September","author":"enterpriseam admin","date":"8 July 2018","format":false,"excerpt":"LEGISLATION WATCH- The executive regulations of the Ride-Hailing Apps Act will be issued in September, government sources said on Saturday. The regulations will outline licensing requirements and fees for ride-hailing companies such as Uber and Careem. Under the act, which was signed into law last month, companies will be required\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":601250,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/ride-hailing-apps-get-the-green-light-from-top-administrative-court\/","url_meta":{"origin":600096,"position":4},"title":"Ride-hailing apps get the green light from top administrative court","author":"enterpriseam admin","date":"24 February 2019","format":false,"excerpt":"Top court strikes down challenge to legality of Uber, Careem: The Supreme Administrative Court overturned a ban on ride-hailing apps, allowing them to operate freely in Egypt, Reuters reported. 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