Mandatory Electronic Invoicing in Egypt
Learn how to get your company ready to exchange documents in accordance with regulations in Egypt with the support of Comarch
Learn how to get your company ready to exchange documents in accordance with regulations in Egypt with the support of Comarch
E-invoicing system in Egypt is similar to the Italian clearance model, which requires every invoice to be reported and approved by the tax authority before its delivery to the final recipient. Tax registrants must be able to generate e-invoices in XML or JSON format and electronically sign them using HSM or USB token.
The timeline for implementing e-invoicing in Egypt is as follows:
Tax registrants must be able to generate e-invoices in XML or JSON format and electronically sign them using HSM or USB token. Furthermore each invoice contains dedicated UUID number, required in case of amending documents e.g. credit or debit notes, which is assigned by the Egyptian Tax Authority (ETA). Once approved a notification will be sent to the issuer and recipient who, after integration with Egyptian system, are able to download the e-invoices and securely archive the data in case of any tax audit.
Invoices must be signed electronically by using HSM or USB token.
Each invoice must contain dedicated UUID number, required in case of amending documents e.g. credit or debit notes, which is assigned by the Egyptian Tax Authority (ETA). Once approved a notification is sent to the issuer and recipient who, after integration with Egyptian system, are able to download the e-invoices and securely archive the data in case of any tax audit.
Accepted formats are XML or JSON.
We have 20+ years of experience in carrying out various EDI, e-invoicing, and other document exchange projects around the world. In those years, we have successfully connected more than 130,000 entities from over 60 countries.
Full compliance with the latest data exchange regulations and modern data transfer standards
Applying new technologies and IT solutions in order to streamline workflows and automate activities and procedures
Tailor-made solutions based on processes specific to each company – own road map and a suitable pace of changes
Highest level of security for all sensitive and important company data
If your company is based or has branches in the CountryName and you need to prepare your billing and tax systems to comply with the new requirements. Click on the button below to get in touch with one of our experts.