The number of Egypt’s startups has ballooned in the past few years as the Egyptian society’s perception of entrepreneurship is particularly high and continues to grow especially with creating broader awareness, technology paving the way for launching their new businesses and expanding the pipeline of entrepreneurs for more entrepreneurial activity than ever before.Entrepreneurship and Startup[...]Tags: Business, Virtual CFO
According to the Article no 27 of Law 95 of 1992 and Article 122 of the executive Regulations as amended by Ministerial Decree No. 40 of March 2018 of the same law, which defined holding companies that operate in the field of establishing companies that issue securities or increasing their capital for companies.
When you prepare IFRS financial statements, you need to present some items in other comprehensive income, some items in profit or loss and some items in changes in equity.
Egypt’s Ministry of Finance issued Ministerial Decree No. 547 of 2018 (Decree No. 547), providing the authority for new transfer pricing guidelines to be published. On 23 October 2018, the Egyptian Tax Authority (ETA) published the new guidelines on its website.Tags: Transfer Pricing
Financial inclusion is where individuals and businesses have access to useful and affordable financial products and services that meet their needs that are delivered in a responsible and sustainable way. Financial inclusion is defined as the availability and equality of opportunities to access financial services.Tags: Financial Inclusion
A statement issued by the Ministry of Finance confirmed that the ministry finalized a draft of unified tax procedures law . The Ministry of Finance's statement pointed out that this law aims to facilitate procedures for linking the collection of various taxes (Corporate tax, VAT, stamp duty and the development of the state's financial resources) in order to prevent multiple procedures and facilitate the tax compliance for tax payers.Tags: Electronic Invoice, Taxes