{"id":602188,"date":"2019-03-20T03:44:15","date_gmt":"2019-03-20T03:44:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/"},"modified":"2019-03-20T03:44:15","modified_gmt":"2019-03-20T03:44:15","slug":"cabinet-to-discuss-final-draft-of-smes-act-next-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/","title":{"rendered":"Cabinet to discuss final draft of SMEs Act next week"},"content":{"rendered":"

The Cabinet will discuss the final draft of the SMEs Act next week, Finance Minister Mohamed Maait said<\/a>. The government has been working on raising the VAT registration threshold with the aim of taking more SMEs out of VAT, a government official told Enterprise earlier this month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Cabinet will discuss the final draft of the SMEs Act next week, Finance Minister Mohamed Maait said. The government has been working on raising the VAT registration threshold with the aim of taking more SMEs out of VAT, a government official told Enterprise earlier this month.<\/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":[9344],"tags":[72,180,2375,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602188","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-legislation","tag-legislation-policy","tag-smes","wpautop","entry"],"acf":{"mongo_id":"4d196d30-fcac-41f4-8a3a-e5dfe5eaa244","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[602155],"teaser":"","voice_url":""},"yoast_head":"\nCabinet to discuss final draft of SMEs Act next week - 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\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet to discuss final draft of SMEs Act next week\" \/>\n<meta property=\"og:description\" content=\"The Cabinet will discuss the final draft of the SMEs Act next week, Finance Minister Mohamed Maait said. The government has been working on raising the VAT registration threshold with the aim of taking more SMEs out of VAT, a government official told Enterprise earlier this month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-20T03:44:15+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\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cabinet to discuss final draft of SMEs Act next week\",\"datePublished\":\"2019-03-20T03:44:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/\"},\"wordCount\":57,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"legislation\",\"Legislation + Policy\",\"SMEs\"],\"articleSection\":[\"Legislation + Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/cabinet-to-discuss-final-draft-of-smes-act-next-week\/\",\"name\":\"Cabinet to discuss final draft of SMEs Act next week - 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Sources\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\/5\/939.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601698,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/committee-finishes-small-enterprises-tax-draft-law\/","url_meta":{"origin":602188,"position":1},"title":"Committee finishes small enterprises tax draft law","author":"enterpriseam admin","date":"7 March 2019","format":false,"excerpt":"EXCLUSIVE- VAT minimum registration requirements to be amended as an incentive to SMEs: The government is set to amend the minimum revenue required to register for VAT to spare SMEs from the burden of paying a VAT, a government official told Enterprise yesterday. The government plans to raise the minimum\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":599274,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/24\/maglis-el-dawla-completes-its-review-of-smes-customs-acts\/","url_meta":{"origin":602188,"position":2},"title":"Maglis El Dawla completes its review of SMEs, customs acts","author":"enterpriseam admin","date":"24 June 2019","format":false,"excerpt":"LEGISLATION WATCH- Maglis El Dawla completes review of SMEs, customs acts: The Council of State (Maglis El Dawla) has completed its review of proposed SMEs and customs acts and has sent them back to the Madbouly Cabinet for approval, unidentified sources tell the local press. Once Cabinet signs off on\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":593104,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/18\/draft-smes-act-gets-early-nod-from-house-committee\/","url_meta":{"origin":602188,"position":3},"title":"Draft SMEs Act gets early nod from House committee","author":"enterpriseam admin","date":"18 November 2019","format":false,"excerpt":"LEGISLATION WATCH- Draft SMEs Act gets early nod from House committee: The proposed SMEs Act, which would provide tax and non-tax incentives for small and medium-sized businesses to join the formal economy, received preliminary House committee approval yesterday, according to Masrawy. The current 76-article draft provides a legal framework to\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\/2\/1149.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621273,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/egypt-smes-to-pay-1-vat-under-proposed-smes-act-finmin-has-new-definition-of-small-business\/","url_meta":{"origin":602188,"position":4},"title":"Egypt SMEs to pay 1% VAT under proposed SMEs Act, FinMin has new definition of small business","author":"enterpriseam admin","date":"5 November 2018","format":false,"excerpt":"** #3 EXCLUSIVE- Businesses with annual top lines of less than 500k would pay 1% VAT under proposed SMEs Act: The Finance Ministry will set a VAT rate of 1% for SMEs, two senior ministry sources told Enterprise. 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