The draught bill that the administration had proposed regarding the exemption of Egyptian cars from customs and import duties has now been approved by the Egyptian Parliament.
After reading the Plan and Budget Committee’s report on the law, the session witnessed the discussion of the draught law’s articles. The committee’s report stated that the draught law stems from the state’s commitment to sponsoring the interests of Egyptians abroad, protecting their rights, giving them an advantage, and encouraging them, as well as their contributions to developing T
In accordance with the government project, the Council approved Article 1 of the draught law, which stated: an exception to the rules and provisions governing taxes and fees due to import passengers for personal use, the provisions of customs exemptions established in accordance with the Customs Law issued by Law No.
Import restrictions and Act 207 of 2020 According to the rules and provisions outlined in this matter, it is established that an Egyptian who has a valid residence permit abroad has the right to import one private vehicle for his personal use. This includes any taxes and fees that were necessary to release the vehicle, such as value-added tax and table tax. The law, in exchange for paying a cash amount in foreign currency, is not worth a return, which is transferred from abroad for the benefit of the Ministry of Finance on one of the bank accounts determined by the decision stipulated in Article (8) of this law, by 100% of the value of all taxes and fees that had to be performed to
Import restrictions and Act 207 of 2020 According to the rules and provisions outlined in this matter, it is established that an Egyptian who has a valid residence permit abroad has the right to import one private vehicle for his personal use. This includes any taxes and fees that were necessary to release the vehicle, such as value-added tax and table tax. The law states that a return that is sent from abroad to the advantage of the Ministry of Finance on one of the bank accounts chosen in accordance with the decision outlined in Article (8) of this law is not worth more than 100% of the value of all taxes and fees that had to be paid to
New information regarding Egyptians’ immunity from customs
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