Finance Ministry Expands Tax and Customs Incentives to Support Automotive and Investment Sectors in FY 2026/2027

The Ministry of Finance has announced an expansion of tax, customs, and real estate incentive packages for fiscal year 2026/2027, aiming to support the business community and productive sectors, particularly the automotive, industrial, and investment sectors. The move comes as tax revenues increased by 29% from July through March without imposing additional burdens, driven by stronger economic activity, a broader tax base, and simplified procedures.

Tax Revenue Growth Without Additional Burdens

Finance Minister Ahmed Kouchouk stated that the results of the tax incentives and facilitation strategy are becoming increasingly evident, thanking the business community for its role in supporting economic activity. He noted that tax revenues grew by 29% during the first nine months of the current fiscal year without placing new burdens on citizens or investors.

New Facilitation Packages for Investors

The minister explained that the upcoming fiscal year will see the implementation of new tax, customs, and real estate facilitation packages designed to ease obligations and financial pressures on both citizens and investors. He added that the second package of tax incentives supports a shift toward a customer service culture within the tax system.

Kouchouk further revealed that the ministry has 40 tax and customs measures aimed at facilitating investment and supporting business expansion and growth, while also working to reduce customs clearance times, accelerate trade flows, and strengthen the competitiveness of the Egyptian economy.

Digital Transformation and Service Enhancement

The Finance Minister also announced the imminent launch of an electronic application for real estate taxes and another for real estate transactions, alongside the expansion of distinguished tax centers. These initiatives are intended to support digital transformation efforts and improve the quality of services provided to taxpayers.

He emphasized that the ministry continues to enhance the competitiveness of economic activities and support productive and export-oriented sectors, reinforcing growth and investment opportunities in the coming period.