{"id":622963,"date":"2018-10-17T03:24:54","date_gmt":"2018-10-17T03:24:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/"},"modified":"2018-10-17T03:24:54","modified_gmt":"2018-10-17T03:24:54","slug":"freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/","title":{"rendered":"Freezone companies are trying to wiggle out of paying into Universal Healthcare scheme"},"content":{"rendered":"

<\/a> ** #5 \u2013 Freezone companies are trying to wiggle out of paying into Universal Healthcare <\/strong>scheme:<\/strong> A number of freezone companies are objecting to paying the 0.25% tax on sales revenue to fund the new universal healthcare scheme, as stipulated under the Universal Healthcare Act, unnamed company representatives said<\/a>. By their logic, freezone companies are exempt from paying taxes and fees under the Investment Act, which means that they should also be exempt from paying the 0.25% tithe. A government source noted, however, that the levy is not a tax that can be waived \u2014 it applies to all companies operating in Egypt, regardless of whether they\u2019re onshore or offshore for customs purposes. The act \u2014 part of the Sisi administration\u2019s EGP 600 bn health coverage plan \u2014 also sets premiums for employers of 4% of each employee\u2019s monthly salary, while employees are required to pay premiums of 1% of their salary into the system. The El Sisi administration began rolling out the first phase of the act in July<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

** #5 \u2013 Freezone companies are trying to wiggle out of paying into Universal Healthcare scheme: A number of freezone companies are objecting to paying the 0.25% tax on sales revenue to fund the new universal healthcare scheme, as stipulated under the Universal Healthcare Act, unnamed company representatives said. By their logic, freezone companies are […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622963","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"610c9981-f008-4fa6-865a-47a73bde1b16","order":"0","is_powered_by":true,"section_story_id":"ba2a5382-7ab8-4567-9708-248cd6179cbc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622945],"teaser":"","voice_url":""},"yoast_head":"\nFreezone companies are trying to wiggle out of paying into Universal Healthcare scheme - 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\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Freezone companies are trying to wiggle out of paying into Universal Healthcare scheme\" \/>\n<meta property=\"og:description\" content=\"** #5 \u2013 Freezone companies are trying to wiggle out of paying into Universal Healthcare scheme: A number of freezone companies are objecting to paying the 0.25% tax on sales revenue to fund the new universal healthcare scheme, as stipulated under the Universal Healthcare Act, unnamed company representatives said. By their logic, freezone companies are […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-17T03:24:54+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\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Freezone companies are trying to wiggle out of paying into Universal Healthcare scheme\",\"datePublished\":\"2018-10-17T03:24:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/\"},\"wordCount\":175,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/\",\"name\":\"Freezone companies are trying to wiggle out of paying into Universal Healthcare scheme - 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be rolled out incrementally throughout Egypt over the course of 11-13 years, the Finance Ministry\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":599888,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/14\/finmin-says-its-willing-to-revisit-tax-scheme-under-egypts-universal-healthcare-act\/","url_meta":{"origin":622963,"position":1},"title":"FinMin says it\u2019s willing to revisit tax scheme under Egypt\u2019s Universal Healthcare Act","author":"enterpriseam admin","date":"14 January 2019","format":false,"excerpt":"FinMin signals it may be willing to revisit tax scheme under Universal Healthcare Act: The Finance Ministry is \u201cwilling\u201d to revisit the legislative framework that sets out the taxes the government will collect to fund the universal healthcare scheme under the Universal Healthcare Act, Minister Mohamed Maait said at a\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":602320,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/egypt-agrees-to-set-0-25-healthcare-tithe-for-tourism-companies-on-commission-earned\/","url_meta":{"origin":622963,"position":2},"title":"Egypt agrees to set 0.25% healthcare tithe for tourism companies on commission earned","author":"enterpriseam admin","date":"25 March 2019","format":false,"excerpt":"Gov\u2019t agrees to set 0.25% healthcare tithe for tourism companies on commission earned: The government has agreed to calculate the 0.25% healthcare tithe for companies in the tourism industry based on the commission these companies earn on certain products and services such as airline tickets, rather than overall revenues, Al\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":600352,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/fine-print-on-0-25-healthcare-tax-who-pays-what\/","url_meta":{"origin":622963,"position":3},"title":"Fine print on 0.25% healthcare tax \u2014 who pays what","author":"enterpriseam admin","date":"28 January 2019","format":false,"excerpt":"EXCLUSIVE- Reading the fine print on 0.25% healthcare tax \u2014 who pays what: With the tax season fast approaching, the Finance Ministry has outlined the fine print on the 0.25% healthcare tithe it will collect this year to fund the new national healthcare system under the 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