Within the framework of raising awareness of the rights and obligations of citizens, the tax declaration on the net income of natural persons and the full details of the filing of a tax declaration; taxation is one of the most important sovereign resources of the State, and its annual revenues are retranslated into the general State budget into services and projects To the Egyptian citizen.

Dates for submission of approval:

• Natural person from 1 January to 31 March of each year.

• The legal person is from January 1 to April 30 or within 4 months of the end of the fiscal year.

Advantages of submitting a tax return:

• Benefiting from the system of examining the sample of financiers annually.

• Acknowledgment is considered a self-linkage where the financier determines its profits and revenues and thus determines the tax payable.

• In the case of submission of the declaration based on books and records held by the Authority, the Authority may not correct the contents of these books and records.

• Avoid exposure to a fine not to give a declaration of not less than 2000 pounds and not more than 10 thousand pounds.

Things to consider when making a statement:

• It should include acknowledgment of all activities and all revenues, including real estate revenues.

• The signature of the financier or its legal representative, and if the turnover is more than £ 2 million, it must be signed by an accountant who is enrolled in the accountants and auditors schedule, in the case of financial companies and cooperatives, the statement must be signed by an accountant who is enrolled in the schedule of accountants and auditors, whatever the turnover number.

Important tax information:

• The taxpayer is exempted from submitting the declaration if the income is limited to salaries only, or if the income is limited to the income of the real estate wealth only and was less than 5000 pounds or both, if the income does not exceed 5000 pounds.

• The deadline for submission of the declaration may be extended by 60 days provided that a request is submitted to the tax division 15 days before the deadline of, provided that the due tax must be paid upon submission.

• Any error in the acknowledgment of an amended declaration may be corrected within 30 days of the legal date for submission of the declaration. In this case, it shall be considered as an original declaration or within 5 years of this date provided that the financier has not used any fraudulent method and it was discovered by Tax Authority.