EGYPT
E-INVOICING
Latest update May 24th, 2024
On this page you will learn more on e-Invoicing in Egypt
Delve into the compliance standards, unravel the e-Invoicing framework and infrastructure.
Note: the Country Profile below is focused on the current e-Invoicing and e-Reporting obligations.
Status: 🟢 Live
Covered by DT: 🟢 Yes
Scope
- B2G / B2B /B2C eInvoicing for all VAT-registered or resident taxpayers in Egypt
Adoption timeline
- November 2020: B2B eInvoicing becomes mandatory in stages (phased roll-out in seven phases)
- July 2021: B2G eInvoicing becomes mandatory for all Public Administrations
- October 2021: B2G eInvoicing becomes for suppliers of PAs
- July 2022: B2C invoices have come within the scope of eInvoicing obligations (e-receipt system)
Model
- CLEARLANCE MODEL for B2G and B2B eInvoicing
- E-RECEIPT SYSTEM for B2C eInvoicing
Format
JSON or XML
Each invoice requires a special identification code called a Unique Universal Identifier (UUID)
Archiving
It is mandatory to store the invoice for 5 years
External references:
- ETA – Egyptian Tax Authority [link]
FAQ
When is electronic invoicing mandatory?DT-Brainfarm2024-06-12T10:09:08+02:00
Electronic invoicing has become mandatory in an increasing number of countries worldwide. This trend is motivated by the need to increase tax transparency, reduce tax evasion, and improve the efficiency of business operations. Additionally, electronic invoicing serves as a driver of innovation for businesses locally, promoting digitization and automation of administrative processes. Digital Technologies, with its advanced platform, stays updated on these regulatory developments, ensuring that your company remains compliant with the laws in force in every part of the world.
Visit our Electronic Invoicing Radar to stay updated on international regulations and news regarding e-Invoicing and e-Reporting.
In which countries is electronic invoicing mandatory?DT-Brainfarm2024-06-12T10:09:16+02:00
Electronic invoicing is mandatory in many countries, but regulations can vary significantly from one state to another. Many countries have implemented stringent regulations, each with specific requirements regarding models, formats, and transmission requirements. This fragmentation makes managing electronic invoices complex for companies operating internationally. The Digital Technologies platform is designed to be globally compliant, supporting your company in managing electronic invoices in any country where you operate, ensuring maximum compliance at all times.
To learn about the specific regulations of each country, visit our Electronic Invoicing Radar.
How does electronic invoicing work?DT-Brainfarm2024-06-12T10:09:24+02:00
Electronic invoicing involves the generation, sending, receiving, and storing of invoices in digital format, according to specific technical and regulatory standards, which vary from country to country. The Digital Technologies platform simplifies this process, automating the creation and sending of compliant invoices, reducing errors, and improving the operational efficiency of your company. With Digital Technologies, you can entrust the entire process to a single provider who handles invoice transmission in compliance with current regulations, thereby eliminating complexity and administrative burden.
For more information about our platform, visit the page.
When is electronic invoicing mandatory?DT-Brainfarm2024-06-12T10:06:43+02:00
Electronic invoicing has become mandatory in an increasing number of countries worldwide. This trend is motivated by the need to increase tax transparency, reduce tax evasion, and improve the efficiency of business operations. Additionally, electronic invoicing serves as a driver of innovation for businesses locally, promoting digitization and automation of administrative processes. Digital Technologies, with its advanced platform, stays updated on these regulatory developments, ensuring that your company remains compliant with the laws in force in every part of the world.
Visit our Electronic Invoicing Radar to stay updated on international regulations and news regarding e-Invoicing and e-Reporting.
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