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Egyptian bloggers, vloggers to register for income tax

Egyptian bloggers, vloggers to register for income tax

ArabFinance: All Egyptian online content creators, including bloggers and vloggers, are required to register for income tax, Reda Abdel Qader, Chairperson of the Egyptian Tax Authority (ETA), said in a recent statement.

Online content creators whose revenues reached EGP 500,000 per year since their online debut are also required to register for the value-added tax (VAT).

The authority has allocated hotline 16395 to receive inquiries related to taxation of e-commerce and online content creation activities.

The authority also urged demanded individuals and companies that use social media networks for e-commerce to register for income tax and VAT, in case their revenues reached EGP 500,000 per year, in accordance with the law.

 

 

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