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Egypt relaunches tax-free car import initiative

by Tradinghow
October 31, 2023
in Investing
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Egypt relaunches tax-free car import initiative
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Egypt has relaunched the tax-free car import initiative by reactivating the initiative’s app, Minister for Immigration and Egyptian Expatriates Affairs Soha Gendi announced.

This came in compliance with the presidential decree No. 174 of 2023 on granting facilities to Egyptians abroad.

The decree allows Egyptians overseas to benefit from the tax-free car import initiative for another three-month period.

The cabinet is entitled to expand the period to another three months, the minister noted.

 

Copyright © 2022 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).



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