{"id":600917,"date":"2019-02-13T04:17:43","date_gmt":"2019-02-13T04:17:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/"},"modified":"2019-02-13T04:17:43","modified_gmt":"2019-02-13T04:17:43","slug":"uber-raises-fares-to-offset-anticipated-implementation-of-vat","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/","title":{"rendered":"Uber raises fares to offset anticipated implementation of VAT"},"content":{"rendered":"

<\/a> 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)<\/a>. The Ride-Hailing Apps Act, which passed the House of Representatives in its controversial final form in May of last year, did not impose VAT on ride-hailing companies. A source from the committee drafting the executive regulations to the law had said earlier this year that the regulations would introduce a new levy of EGP 2-5 per trip, so it is likely that the regulations would also introduce the VAT.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 final form in May of […]<\/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":[9291],"tags":[2370,72,328,9098,69,441],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600917","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","tag-ride-hailing","tag-ride-hailing-apps-act","tag-tax","tag-uber","wpautop","entry"],"acf":{"mongo_id":"68655639-ffe0-429e-a664-fec80c5b2364","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[600886],"teaser":"","voice_url":""},"yoast_head":"\nUber raises fares to offset anticipated implementation of VAT - 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\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uber raises fares to offset anticipated implementation of VAT\" \/>\n<meta property=\"og:description\" content=\"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 final form in May of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-13T04:17:43+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\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Uber raises fares to offset anticipated implementation of VAT\",\"datePublished\":\"2019-02-13T04:17:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\"},\"wordCount\":114,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\",\"ride-hailing\",\"Ride-hailing Apps Act\",\"tax\",\"Uber\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/\",\"name\":\"Uber raises fares to offset anticipated implementation of VAT - 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White-taxi drivers were supposedly launching this very same app back in 2016 at the height of their complaints over the growth of ride-hailing apps Uber\u2026","rel":"","context":"In "Automotive + Transportation"","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":628083,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/taxman-going-after-uber-careem-for-retroactive-vat-payments\/","url_meta":{"origin":600917,"position":2},"title":"Taxman going after Uber, Careem for retroactive VAT payments","author":"enterpriseam admin","date":"25 June 2018","format":false,"excerpt":"EXCLUSIVE- This comes as the taxman looks to collect as much as EGP 6 bn from Uber and Careem in retroactive VAT payments for the last two years. Government sources tell us that tax officials should have a final figure within two weeks once they\u2019re done reviewing paperwork filed by\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":595220,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/cabinet-approves-regs-of-ride-hailing-apps-act\/","url_meta":{"origin":600917,"position":3},"title":"Cabinet approves regs of Ride-Hailing Apps Act","author":"enterpriseam admin","date":"19 September 2019","format":false,"excerpt":"REGULATION WATCH- Gov\u2019t kickstarts implementation of Ride-Hailing Apps Act: The Madbouly Cabinet approved in its weekly meeting yesterday the executive regulations of the Ride-Hailing Apps Act, it said in a statement. The regs cover a variety of regulatory procedures, including registration, licensing, taxes and social insurance \u2014 stipulating that all\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\/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":600917,"position":4},"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 "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":568591,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/taxi-association-refuses-to-cooperate-with-uber-as-it-launches-new-white-taxi-hailing-service\/","url_meta":{"origin":600917,"position":5},"title":"Taxi association refuses to cooperate with Uber as it launches new white taxi hailing service","author":"enterpriseam admin","date":"28 January 2020","format":false,"excerpt":"Taxi association refuses to cooperate with Uber as it launches new white taxi hailing service: The head of Egypt\u2019s association for white taxi drivers has refused to cooperate with ride-hailing apps as Uber launches a new service allowing users to hail white taxis in Egypt. 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