The eighth and final stage of the electronic invoice system

Starting the implementation of the first sub-phase of the eighth and final phase of the electronic bill system as of September 15th As of April 1, 2023, only electronic invoices will be considered in deduction or refund of VAT, and in proof of costs or expenses when submitting tax returns. Reda Abdel Qader, Assistant Minister of Finance for Tax Authority Affairs: Starting the implementation of the first sub-phase of the eighth and final phase of the electronic bill system as of September 15th.The first sub-phase of the eighth phase of the system includes companies registered in tax offices in the governorates of Alexandria, Beheira and Marsa Matrouh.Mokhtar Tawfik, head of the Egyptian Tax Authority: All financiers must quickly take the necessary measures to join the electronic invoice system, in accordance with the mandatory decisions issued in their regard to avoid falling under the law.As of April 1, 2023, only electronic invoices will be considered in deduction or refund of value-added tax, and in proof of costs or expenses when submitting tax returns.Reda Abdel Qader, Assistant Minister of Finance for Tax Authority Affairs, said that as of September 15, the implementation of the first sub-phase of the eighth and final phase of the electronic invoice system began to oblige all companies registered in tax offices in the governorates of Alexandria, Beheira and Marsa Matrouh to issue electronic tax invoices for the goods they sell or pay. From services, pointing out that the second sub-phase of the eighth stage of the system, which includes obligating companies registered in the missions in the governorates of Sharkia, Gharbia, Kafr El-Sheikh, Menoufia and Damietta, with the electronic invoice system, will start on October 15, 2022. Mokhtar Tawfiq, head of the Egyptian Tax Authority, added that there are four sub-stages in the eighth stage to oblige all companies registered in tax offices in all governorates of the Republic to register on the electronic invoice system, as all tax authority funders will be obligated to join the electronic invoice system on December 15, 2022, demanding All financiers quickly take the necessary measures to join the electronic invoice system, in accordance with the mandatory decisions issued in their regard to avoid falling under the law.”Mukhtar Tawfiq” pointed out that only electronic invoices will be considered in deducting or refunding the value-added tax in accordance with the mandatory decisions issued to implement the electronic invoice system, stressing that upon completion of obligating tax authority financiers to join the electronic invoice system, as of April 1, 2023 they will not be Only electronic invoices are used in deducting or refunding value-added tax, as well as in proving costs or expenses when submitting tax returns.The Head of the Tax Authority stressed that the Ministry of Finance and the Tax Authority provide all facilities and support to companies for the mandatory joining of the electronic invoice system, whether through the support centers related to the electronic invoice.