Dividend and Capital Gains Tax at Egypt

The dividend will be 10% on all dividend distributions made by private companies for both residents and non-residents.

The dividend will be 5% on all dividend distributions made by private companies listed on the Egyptian stock Exchange for both residents and non-residents.

For resident individuals and corporations, capital gains are subject to a tax when they are realized from publicly listed securities, at a rate of 10%, taking into consideration that the tax on capital gains derived from the disposal of securities listed on the Egyptian stock Exchange is delayed till the end of 2021.

The capital gains realized by non-residents individuals and corporations from the disposal of securities listed on the Egyptian stock Exchange, and from the sale of treasury bills, are not subject to capital gains tax.

The capital gains resulting from settlement of debts of public sector companies where the state owns at least 51% of the entity, via the  transfer of all or part of its land, are exempt from income tax, and such exemption is granted on a pro rate basis to the percentage of ownership of the state, and is limited to the rate.