Egypt: Summary of Local Statutory Regulation Changes Issued by the Egyptian Government for 2021

February 9, 2021
1 min read

The tax authority has communicated changes to the filing requirements for companies starting January 2021.

Here are the changes outlined:

Quarterly Form 4

Form 4 is a quarterly document and requires the following information to be completed:

  • Total gross salaries of the 3 months of the quarter
  • Total taxes paid
  • Total headcount.

When submitting this form, the verification number of the payroll tax payments must be included.

The deadline to submit is:

  • 30 days after quarter-end.

 

Monthly Form 2

Form 2 is a monthly document and requires the following information to be completed:

  • Total gross salaries of the month
  • Total taxes
  • Total headcounts of all non-socially insured employees whose income meets specific criteria instead of the entity they are socially insured with.

The deadline to submit is:

  • 30 days after month-end.

 

Annual Form 3

Form 3 is an annual document and requires the following information to be completed:

  • Total gross salaries of the year
  • Total taxes
  • Total headcounts of all non-socially insured employees whose income meets the reverse criteria compared to monthly Form 2.

The deadline to submit is:

  • 30 days after year-end.

 

Annual Tax Reconciliation. 

This form is an annual document.

The deadline to submit is January 31st.

 

Non-Compliance

Fines for late submission of the above forms:

Range from EGP5,000-EGP200,000.

Subscribe

Sign up to receive all the latest global payroll legislation news