Egyptian Ministry of Finance Publishes Draft Amendments to VAT Law for Consultation Including VAT Obligations for E-Commerce

On 15 June 2020, the Egyptian Ministry of Finance published draft amendments to the VAT Law (Law 67 of 2016) for consultation. Some of the main changes include:

• The introduction of VAT obligations for non-residents performing e-commerce transactions with Egyptian consumers, including simplified VAT registration;
• The introduction of monthly electronic VAT return requirements instead of bi-monthly; and
• The introduction of VAT exemptions on several supplies, including:
  • input supplies of goods a…