{"id":601547,"date":"2019-03-04T04:18:09","date_gmt":"2019-03-04T04:18:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/"},"modified":"2019-03-04T04:18:09","modified_gmt":"2019-03-04T04:18:09","slug":"topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/","title":{"rendered":"Topline tax for Egypt\u2019s zone companies to apply only to new projects:"},"content":{"rendered":"

Topline tax for zone investors to apply only to new projects: <\/b>The Investment Ministry\u2019s dispute resolution unit has decided to exempt already existing freezone companies from the fees and levies imposed on their toplines in 2017, Baker McKenzie\u2019s Mohamed Ghannam said<\/a>. \u0650\u0650\u0650A 2% fee on all goods sold in Egypt out of the zones, a 1% tax on goods exported from zones and 1% fee on the operating costs of industrial projects in the zones \u2014 all stipulated by the 2017 Investment Act<\/a> \u2014 will now only apply to newly set up projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

Topline tax for zone investors to apply only to new projects: The Investment Ministry\u2019s dispute resolution unit has decided to exempt already existing freezone companies from the fees and levies imposed on their toplines in 2017, Baker McKenzie\u2019s Mohamed Ghannam said. \u0650\u0650\u0650A 2% fee on all goods sold in Egypt out of the zones, a […]<\/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":[72,1318,125,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601547","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-fiscal-policy","tag-investment-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1d66e6af-2195-464e-afd0-f60ad63fca3f","is_powered_by":true,"section_story_id":"2927e908-f16a-4a93-ae2b-efc0d6465439","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601529],"teaser":"","voice_url":""},"yoast_head":"\nTopline tax for Egypt\u2019s zone companies to apply only to new projects: - 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\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Topline tax for Egypt\u2019s zone companies to apply only to new projects:\" \/>\n<meta property=\"og:description\" content=\"Topline tax for zone investors to apply only to new projects: The Investment Ministry\u2019s dispute resolution unit has decided to exempt already existing freezone companies from the fees and levies imposed on their toplines in 2017, Baker McKenzie\u2019s Mohamed Ghannam said. \u0650\u0650\u0650A 2% fee on all goods sold in Egypt out of the zones, a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-04T04:18:09+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\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Topline tax for Egypt\u2019s zone companies to apply only to new projects:\",\"datePublished\":\"2019-03-04T04:18:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/\"},\"wordCount\":101,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"fiscal policy\",\"investment watch\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/topline-tax-for-egypts-zone-companies-to-apply-only-to-new-projects\/\",\"name\":\"Topline tax for Egypt\u2019s zone companies to apply only to new projects: - 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The General Authority for Investment (GAFI) could look at giving companies based in free zones a break, says Moatasem Rashed, the head of the Private Free Zones Investors Association, an industry association. Rashed is nudging GAFI to cut taxes and\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":628420,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/house-economic-committee-to-discuss-amendments-to-law-on-special-economic-zones\/","url_meta":{"origin":601547,"position":1},"title":"House Economic Committee to discuss amendments to law on special economic zones","author":"enterpriseam admin","date":"3 May 2018","format":false,"excerpt":"LEGISLATION WATCH- The House Economic Committee is planning to discuss amendments to the law governing special economic zones such as the Suez Canal Economic Zone (SCZone) after it wraps up its talks on the FY2018-19 draft state budget, committee head Amr Ghallab tells Al Mal. 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