OrbitaxOrbitax

Egypt Approves VAT Law Changes for Crude Oil, Advertising and News Agency Services, and Construction Services

|Approved Changes|Egypt
Egypt

On 29 June 2025, the Egyptian parliament approved various amendments to VAT Law No. 67 of 2016. Some of the main changes include:

  • The repeal of the general exemption for crude oil, which is now subject to a 10% schedule tax (excise tax);
  • The repeal of the general exemption for advertising and news agency services, which are now subject to the standard VAT rate of 14%;
  • A change in the VAT rate …

Continue Reading