{"id":657914,"date":"2024-12-29T00:00:00","date_gmt":"2024-12-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/29\/finmin-deputy-shares-fresh-details-on-the-customs-on-imported-mobile-phones\/"},"modified":"2024-12-29T00:00:00","modified_gmt":"2024-12-29T00:00:00","slug":"finmin-deputy-shares-fresh-details-on-the-customs-on-imported-mobile-phones","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/29\/finmin-deputy-shares-fresh-details-on-the-customs-on-imported-mobile-phones\/","title":{"rendered":"FinMin deputy shares fresh details on the customs on imported mobile phones"},"content":{"rendered":"

Learning more about the new fees on phones imported through unofficial channels:<\/strong> Deputy Finance Minister for Taxes Sherif Al Kilani virtually joined El Hekaya\u2019s Amr Adib (watch, runtime: 14:20<\/a>) to explain the mechanism of applying the newly-introduced customs and tax fees on mobile phones imported through unofficial channels. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

ICYMI- <\/strong>Imported mobile phones will be subject to customs and tax fees<\/a> totaling 38.5% \u2014 including a 5% development fee tax \u2014 as part of incoming government regulations to support the country\u2019s mobile phone manufacturing localization efforts. <\/p>\n

A 90-day window: <\/strong>Every person coming from abroad will be allowed to enter the country with their personal mobile phone, while every additional phone on the person will be subject to the new fees, Al Kilani said. If the fee is not settled within 90 days of entering the country the phone will be disconnected from network services.<\/p>\n

But why? <\/strong>Some 95% of the mobile devices entering the country bypass official channels, Al Kilani said. \u201cThis results in an estimated monthly loss of USD 100 mn in uncollected customs.\u201d <\/p>\n

ALSO ON THE AIRWAVES- <\/strong>Adib covered (watch, runtime: 18:05<\/a>) last week\u2019s meeting between Prime Minister Moustafa Madbouly and private sector heavyweights<\/a> where they discussed the challenges facing the private sector and the measures private sector players want from the state in the years to come. Finally, \u201csomeone is speaking out and the government is listening,\u201d Adib said, calling the government to \u201clet the people speak up\u201d and exit the economy in favor of the private sector. \u201cWe need to see the private sector in charge of 70% of the economy,\u201d he added. <\/p>\n","protected":false},"excerpt":{"rendered":"

All phones imported through unofficial channels will be subject to fees totaling 38.5%<\/p>\n","protected":false},"author":1,"featured_media":657915,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7232],"tags":[309,72,106,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-657914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-customs","tag-enterpriseam","tag-last-nights-talk-shows","tag-trade","wpautop","entry"],"acf":{"mongo_id":"99e8c5cf-6c66-4d48-b8c6-181eb534ce51","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/2382.png","photo_position":"above","homepage_title":"","full_issue_title":"FinMin deputy shares fresh details on the customs on imported mobile phones","related_issue":[657894],"teaser":"All phones imported through unofficial channels will be subject to fees totaling 38.5%","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.be816ccf-171f-4b98-a8da-9ae183e88755.mp3"},"yoast_head":"\nFinMin deputy shares fresh details on the customs on imported mobile phones - 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\/2024\/12\/29\/finmin-deputy-shares-fresh-details-on-the-customs-on-imported-mobile-phones\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinMin deputy shares fresh details on the customs on imported mobile phones\" \/>\n<meta property=\"og:description\" content=\"All phones 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they\u2019re not responsible, sending the Chamber of Commerce to lobby the NTRA for clarity on what\u2019s going on","rel":"","context":"In "RETAIL"","block_context":{"text":"RETAIL","link":"https:\/\/enterpriseam.com\/egypt\/category\/retail\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1632.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658098,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/05\/govt-launches-digital-platform-to-tighten-control-over-the-mobile-phone-market\/","url_meta":{"origin":657914,"position":1},"title":"Gov\u2019t launches digital platform to tighten control over the mobile phone market","author":"enterpriseam admin","date":"5 January 2025","format":false,"excerpt":"Taxes and customs duties on imported mobile phones remain unchanged, and the new system won\u2019t apply to phones activated in the country before 1 January.","rel":"","context":"In 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