Reda Abdel Qader – Mobile campaigns in cooperation with the Enterprise Development Authority to raise awareness and inventory of the tax community in order to integrate the informal economy into the formal system, according to the directives of the Minister of Finance.

“Reda Abdel Qader, Head of the Egyptian Tax Authority,” confirmed that within the framework of implementing the directives of the Minister of Finance, the necessity of coordinating with the Medium, Small and Micro Enterprise Development Agency to educate the tax community about the advantages of Law No. 152 for the year 2020 on the development of medium, small and micro enterprises, so that it can The financiers of benefiting from the tax and customs incentives provided by this law, have been coordinating with the TANNAM Agency The projects will implement mobile campaigns aimed at educating the tax community about the benefits of the Enterprise Development Law, in addition to limiting the informal economy to integrate it into the formal system. ) of the ten regions planned to start, in addition to members of the Projects Authority. 913

He said “Head of the Egyptian Tax Authority” The Small, Medium and Micro Enterprises Law is an important step towards controlling the tax community and integrating the informal economy into the formal economy system through the package of benefits and incentives provided by this law, adding that the executive regulations of this law include all the details related to start-up licenses These projects and the required conditions. The regulation also includes rules for regulating the availability of financing for these projects, the state’s plan for easy financing, and the reconciliation of the conditions of medium, small and micro enterprises operating in the informal economy, as well as defining tax and non-tax incentives. The tax services for projects, the basis for the tax treatment, and the incentives for companies and establishments that support small and micro enterprises and entrepreneurship. Dr. El-Sayed Saqr, Head of the Regions, Centers and Ports Sector, confirmed that several joint meetings were held between officials in the Tax Authority and officials in the Project Development Authority, to organize the implementation of these mobile campaigns to limit the tax community, and to set the work mechanism and requirements for these campaigns. Pointing out that these meetings included officials participating in these campaigns from the heads of regions and tax missions (income and value added), technicians from the Central Administration for Inventory and officials from the Enterprise Development Authority.

Dr. El-Sayed Saqr added that within the framework of the safe transition from working under the umbrella of the Income Tax Law to working under the umbrella of Law 152 of 2020, there are a number of procedures To be followed by owners of medium, small and micro enterprises wishing to work under the umbrella of Law 152 of 2020, and the most important of these procedures is the need to He directed the owners of these projects to the offices of the agency spread across the republic according to the geographical scope, in order to issue a classification certificate and a certificate of dealing with government agencies that would enable the project owner to complete the process of reconciling his status and benefit from all the incentives established by Law No. 152 of 2020.

“Mohamed Kishk, assistant head of the Egyptian Tax Authority,” explained that during these mobile campaigns, citizens will be educated about the tax advantages and incentives that Presented by the Law (913 of the year 913 for owners of medium and small projects and micro, through the development of a simplified tax system as an alternative to the system in force in accordance with Income Tax Law No. 91 of 2005, in addition to raising their awareness of the existence of a package of non-tax incentives, stipulated in the Law of Medium, Small and Micro Enterprises.