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Tag: Egypt

Egypt Payroll Outsourcing Alert

Egypt – Additional Personal Income Tax Introduced. On 4 March 2020, the government of Egypt announced the Law No. 4 of 2021, amending provisions of the Law No. 16 of 2018, establishing a fund honoring the martyrs, victims, missing and the injured of war and secur...

Apr 18, 2021 1 min read

Egypt Social Security Contribution Updates

Egypt Social Security Contribution Bases Updates. Effective from 1 January 2020, the government of Egypt announced that the monthly social security minimum and maximum contribution base amounts will increase on an annual basis until the tax year 2027. The monthl...

Dec 13, 2020 1 min read

Egypt Payroll Outsourcing Alert

Egypt – Coronavirus Tax Calculations Clarified. As previously communicated by Mercans in its Statutory Alert dated 4 July 2020, in order to alleviate the economic impact of COVID-19, effective from 1 August 2020, the government of Egypt introduced an additional ...

Sep 21, 2020 2 min read

Egypt Payroll Outsourcing Alert

Egypt – “Coronovirus Tax” Introduced Effective from 1 August 2020, the government of Egypt has introduced an additional tax on 1%, that will be deducted from employees’ net employment income, to alleviate the economic impact of COVID-19. At the same time, all st...

Aug 16, 2020 1 min read

Egypt Payroll Outsourcing Alert

Egypt – Income Tax Law Changes Announced. The below alert is an update to the Statury Change Alert issued by Mercans on 31 May 2020 and clarifies the timing of the changes related to personal income tax exemtions and rates in Egypt. On 7 May 2020, the governm...

Jun 4, 2020 2 min read

Egypt Payroll Outsourcing Alert

Egypt – Income Tax Law Changes Announced. On 7 May 2020, the government of Egypt issued Law Nr. 26 of 2020, which amends articles 8, 13 and 87 of the Tax Law Nr. 91 of 2005, effective from 1 July 2020. The respective amendments have been summarized below. The...

May 28, 2020 2 min read

Egypt Payroll Outsourcing Alert

Outsource your payroll in Egypt to Mercans to ensure your compliance with the new social security calculation rules. Egypt introduces new Social Security contribution basis from January 1, 2019. Effective from January 1, 2019, Egypt is amending the maximum amount...

Jan 7, 2019 1 min read

Payroll Outsourcing Alert-Egypt

Contact Mercans' Payroll Outsourcing Team in Egypt for Guaranteed Compliance. Outsource your payroll in Egypt to Mercans to ensure your compliance with the new social security calculation rules. Egypt introduces new Social Security contribution basis from July 1,...

Jul 4, 2018 1 min read

Egypt New Tax Rates – Consult Mercans’ Payroll Outsourcing Team

New Tax Rates in Egypt - Outsource Your Payroll to Ensure Compliance Effective from July 1, 2018, Egypt is amending the Article 8 of the Income Tax Law No. 91/2005. The newly enacted Law No. 97 of 2018, issued on June 23, 2018, introduces the below revised tax bra...

Jan 28, 2018 2 min read

Things to Consider Before Accepting a Job in the Middle East

The salaries in the Middle East are often many times higher than in your home country. On top of that, there is no income tax in most of the countries in the Middle East. This means that your net earnings will be several times higher than what you would be earning at home...

Jul 25, 2015 5 min read

Saudi Arabia’s Ministry of Labor introduces new regulations for telecommuter programs

The Ministry of Labor for the Kingdom of Saudi Arabia has issued a Ministerial Decree No. 792 dated December 14, 2014 and effective from February 20, 2015, which establishes procedural requirements for the companies that wish to employ telecommuters or teleworkers....

Jul 16, 2015 2 min read