{"id":674026,"date":"2025-10-22T00:00:00","date_gmt":"2025-10-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/finance-ministry-to-suspend-taxes-on-machinery-and-production-lines-until-factories-begin-operations\/"},"modified":"2025-10-22T00:00:00","modified_gmt":"2025-10-22T00:00:00","slug":"finance-ministry-to-suspend-taxes-on-machinery-and-production-lines-until-factories-begin-operations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/22\/finance-ministry-to-suspend-taxes-on-machinery-and-production-lines-until-factories-begin-operations\/","title":{"rendered":"Finance Ministry to suspend taxes on machinery and production lines until factories begin operations"},"content":{"rendered":"

Fi<\/strong>nMin moves to ease tax burdens on new manufacturing projects:<\/strong> The Finance Ministry has approved a decision to suspend tax payments on machinery, equipment, and production lines \u2014 whether complete, partial, or disassembled \u2014 until installation and inspection are completed, according to a government document seen by EnterpriseAM. The measure, approved by both the tax and customs authorities, is meant to ease cashflow pressures on manufacturers.<\/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

Who\u2019s eligible?<\/strong> The Customs Authority had initially proposed limiting the facilitation to companies working on national projects, but the Tax Authority confirmed it will apply to all factories and production units used for industrial production. Beneficiaries will be required to submit a written commitment to pay the suspended tax and any applicable additional tax once due.<\/p>\n

What\u2019s next? <\/strong>A ministerial decree is expected to be issued soon to formally activate the new measure, a government source told EnterpriseAM.<\/p>\n

REMEMBER- <\/strong>The decision comes as the government steps up support for the industrial sector through a EGP 90 bn program of subsidized loans<\/a> for industrial, agricultural, and renewable energy players, a percentage of which is earmarked for purchasing machinery and equipment.<\/p>\n","protected":false},"excerpt":{"rendered":"

A ministerial decree activating the measure is expected soon<\/p>\n","protected":false},"author":1,"featured_media":674027,"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":[7382],"tags":[309,72,276,7196,131,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-674026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax","tag-customs","tag-enterpriseam","tag-finance-ministry","tag-industry","tag-manufacturing","tag-tax","wpautop","entry"],"acf":{"mongo_id":"b85b270e-ef3c-4f1c-bf26-b11839db2cba","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/10\/983.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Finance Ministry to suspend taxes on machinery and production lines until factories begin operations","related_issue":[674015],"teaser":"A ministerial decree activating the measure is expected soon","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.a8ad12e2-e6c8-4c2c-a7dd-268baf095ff7.mp3"},"yoast_head":"\nFinance Ministry to suspend taxes on machinery and production lines until factories begin operations - 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The statement does not provide further details on the cases or the value of the settlements.","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605135,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/cabinet-to-sign-off-on-customs-act-amendments-this-week\/","url_meta":{"origin":674026,"position":5},"title":"Cabinet to sign off on Customs Act amendments this week?","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"LEGISLATION WATCH- Cabinet to sign off on Customs Act amendments this week? The proposed amendments to the Customs Act are apparently alive and well, and will be approved by the Madbouly Cabinet this Wednesday, Finance Minister Mohamed Maait said, according to Amwal Al Ghad. Cabinet had approved \u201cin principle\u201d the\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=674026"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674026\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/674015"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/674027"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=674026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=674026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=674026"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=674026"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=674026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}