The Egyptian Tax Authority announced that the implementation of its sixth phase of the electronic invoice system is scheduled to start in mid-February.
Reda Abdel Qader, Chairperson of the Egyptian Tax Authority, called on the companies obligated to join the system in its sixth phase, to quickly implement the registration procedures on the system, through the self-registration feature, as well as obtain the electronic stamp before February 15, 2022.
Abdel Qader also cited Article 35 of the Unified Tax Procedures Law, that states companies and legal persons are obligated to register their sales and purchases on the e-invoice system. Article 37 of the same law stipulates that every taxpayer is obligated to issue an invoice or receipt in electronic form.
“The authority will take all legal measures, including transferring companies that are not committed to joining the system in accordance with the provisions of the Unified Tax Procedures Law to the prosecution,” Abdel Qader stated.
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