Egypt Social Tax Ceiling Unification Awaits Executive Regulation

Plans to unify taxable caps within Egypt’s system of social insurance taxation by Jan. 1 have not materialized, as the government has not published the executive regulations necessary to implement the change.

Social Insurance Law No. 148/2019 (Arabic), which was issued Aug. 19, 2019, updated and consolidated previous laws and regulations defining employers’ obligations for all categories of insured employees, including Egyptians working abroad. The law unified the two separate maximum monthly amounts of compensation paid to an employee, also known as contribution ceilings, on which employer and employee social insurance tax rates could be assessed, pending the publication of ...