OECD Investment Policy Reviews: Egypt 2020
This review uses the OECD Policy Framework for Investment to provide an assessment of the investment climate in Egypt and to discuss the challenges and opportunities faced by the government of Egypt in its reform efforts. The review examines trends in foreign investment and their socio-economic benefits, the country’s wider regulatory framework on investors’ entry and expansion, its legal framework for investment, and its strategy for investment promotion and facilitation. It also looks at Egypt’s zone-based policies, tax policy and investment incentives, its strategies to promote responsible business conduct, and progress in infrastructure connectivity.
Tax policy and incentives in Egypt
This chapter provides an overview of Egypt’s tax system, including recent reforms, and an assessment of the country’s investment incentives regime. It provides an overview of existing incentives, their implications for the tax administration and proposes options to ensure that tax incentives achieve the government’s policy goals in a cost-effective manner. The chapter also looks at tax governance and transparency issues.