Minister of Finance Ahmed Kouchouk said concessional financing will be provided to the first 100,000 taxpayers who join the simplified tax system, stressing that the move aims to support taxpayers, ease compliance, and help businesses expand. The finance minister noted that rebuilding trust with the business community depends on delivering tangible and effective improvements in tax, customs and real estate-related services. The minister also said that ten facilitations are being targeted within the real estate tax system to simplify procedures and ease burdens on citizens and investors. For his part, Deputy Minister for Tax Policies Sherif El-Kilany said the Advance Cargo Information (ACI) system was instrumental in enabling rapid progress towards customs facilitation measures. He noted that modernising the customs system helps reduce clearance times, strengthen governance and enhance the competitiveness of the Egyptian economy.

Source: Daily News Egypt December 29, 2025 16:11 UTC