Egypt has issued a presidential decree raising customs tariffs on imports of luxury goods. Under the decree a 40% tariff will be applied to imports of goods including sunglasses, watches, video games, shrimps, fireworks and boats. Two new customs tariffs have also been introduced by the new decree: a 20% tariff on goods imported by tourist organizations, with the exception of cars, and a 2% tariff levied on materials used in the production of milk formula.
Related Posts

Egypt to replace capital gains tax with stamp tax on stock transactions
Egypt's Cabinet replaces the capital gains tax on securities with a stamp tax. Egypt’s Cabinet has decided to cancel the capital gains tax on securities listed on the country’s stock exchanges on 4 June 2025. Ministers have decided to
Read More
Kazakhstan authorises signing of first income tax treaty with Egypt
Kazakhstan authorises the Finance Minister to sign its first income tax treaty with Egypt. Kazakhstan issued Decree No. 382 on 28 May 2025, authorising Finance Minister Madi Takiyev to sign an income tax treaty with Egypt. This will be the
Read More
Kazakhstan: Ministry of Finance consults resolution authorising signing of tax treaty with Egypt
Kazakhstan’s Ministry of Finance opened a public consultation on changes to a draft resolution authorising the signing of an income tax treaty with Egypt on 16 May 2025. The public can submit comments until 30 May 2025. The change updates
Read More
Egypt introduces tax reforms to support SMEs
Egypt has introduced new tax reforms to support small and medium enterprises (SMEs) on 12 February 2025. The reform measures include three new laws: Law No. 5 of 2025: This legislation updates Egypt’s tax system by simplifying compliance,
Read More
Egypt introduces tax relief and dispute settlement law
The Egyptian Tax Authority (ETA) has introduced Law No. 5 of 2025, effective from 13 February 2025, offering tax relief and dispute settlement opportunities to enhance compliance and resolve outstanding tax matters. Key provisions include: Under
Read More
Egypt enacts tax incentives for SMEs for 2025
Egypt's Parliament published Law No. 6 of 2025 on 12 February 2025, introducing tax incentives for small enterprises as part of a broader tax reform. Effective 1 March 2025, the law applies to businesses with an annual turnover of up to EGP 20
Read More