{"id":601090,"date":"2019-02-19T03:59:56","date_gmt":"2019-02-19T03:59:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypt-uber-sign-agreement-to-pay-vat-retroactively\/"},"modified":"2019-02-19T03:59:56","modified_gmt":"2019-02-19T03:59:56","slug":"egypt-uber-sign-agreement-to-pay-vat-retroactively","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypt-uber-sign-agreement-to-pay-vat-retroactively\/","title":{"rendered":"Egypt, Uber sign agreement to pay VAT retroactively"},"content":{"rendered":"

<\/a> Uber has agreed to charge and remit VAT in Egypt:<\/b> Ride-hailing app Uber signed on Sunday an agreement with the Finance Ministry that will see the ride-hailing service charge and remit value-added tax (VAT) on its operations in Egypt, state-run news agency MENA quotes Tax Authority head Abdel Azeem Hussein as saying. Reports in the domestic press have Finance Minister Mohamed Maait confirming the agreement<\/a>. A senior government official told us in parallel that the agreement will see Uber remit VAT retroactive to 2016. The news comes as Uber raised its fares last week<\/a>.<\/p>\n

Background: <\/b>Rival service Careem has been tacking VAT onto the cost of its rides since early 2018, Hazem Ghorab, the company\u2019s head of corporate comms in Egypt, told Reuters<\/a>. The Tax Authority had issued a directive requiring ride-hailing apps to charge VAT on transactions last year<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Uber has agreed to charge and remit VAT in Egypt: Ride-hailing app Uber signed on Sunday an agreement with the Finance Ministry that will see the ride-hailing service charge and remit value-added tax (VAT) on its operations in Egypt, state-run news agency MENA quotes Tax Authority head Abdel Azeem Hussein as saying. Reports in the […]<\/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":[72,276,328,2380,441,7110],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601090","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-finance-ministry","tag-ride-hailing","tag-speed-round","tag-uber","tag-vat","wpautop","entry"],"acf":{"mongo_id":"fdbe28e9-1db8-44ec-aea9-f9b009e0175c","is_powered_by":true,"section_story_id":"318fee87-108e-455e-9420-6397f2c59f59","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601084],"teaser":"","voice_url":""},"yoast_head":"\nEgypt, Uber sign agreement to pay VAT retroactively - 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\/19\/egypt-uber-sign-agreement-to-pay-vat-retroactively\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, Uber sign agreement to pay VAT retroactively\" \/>\n<meta property=\"og:description\" content=\"Uber has agreed to charge and remit VAT in Egypt: Ride-hailing app Uber signed on Sunday an agreement with the Finance Ministry that will see the ride-hailing service charge and remit value-added tax (VAT) on its operations in Egypt, state-run news agency MENA quotes Tax Authority head Abdel Azeem Hussein as saying. 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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":600917,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/uber-raises-fares-to-offset-anticipated-implementation-of-vat\/","url_meta":{"origin":601090,"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 "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":622917,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/16\/online-retailers-now-have-to-charge-and-remit-vat\/","url_meta":{"origin":601090,"position":3},"title":"Online retailers now have to charge and remit VAT","author":"enterpriseam admin","date":"16 October 2018","format":false,"excerpt":"** #4 EXCLUSIVE- Online retailers now have to charge and remit VAT: The Finance Ministry has notified e-commerce platforms, including Souq, Jumia, and OLX, that they will be required to begin charging value-added tax (VAT) on all transactions in goods that would be subject to VAT if sold offline, government\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":626666,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/finmin-takes-next-step-in-taxing-e-commerce-social-media-ad-buys\/","url_meta":{"origin":601090,"position":4},"title":"FinMin takes next step in taxing e-commerce, social media ad buys","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"EXCLUSIVE- FinMin takes next step in taxing online ad buys and e-commerce transactions: A Finance Ministry committee is looking into setting up a tax formula for ads on social media and e-commerce transactions, ministry sources tell Enterprise. The committee looking at Organisation for Economic Co-operation and Development (OECD) best practices\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":601250,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/ride-hailing-apps-get-the-green-light-from-top-administrative-court\/","url_meta":{"origin":601090,"position":5},"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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