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 eliminate the capital gains tax and replace it with a stamp tax on securities transactions applicable to both residents and non-residents to encourage company listings.
The Cabinet agreed to introduce measures to encourage more companies to list on the Egyptian stock market. The proposed amendments will be released in July.
Introduced in 2014, Egypt’s capital gains tax faced repeated delays due to regulatory gaps, calculation difficulties, and reduced investor interest. In response to ongoing concerns from the financial sector, the government has now decided to abolish it entirely and reinstate the simpler, more widely accepted stamp tax.
