ERP Software for Egyptian Businesses

The B2B e-invoicing mandate has been rolled out in phases since November 2020, progressively covering businesses by size and registration status. The system requires invoices to be generated in XML or JSON format, electronically signed using an HSM (Hardware Security Module) or USB token, and submitted to the ETA in real time for approval. Only ETA-approved invoices are considered legally valid for VAT deduction purposes. Yukti generates compliant electronic invoices, handles the digital signing process, and transmits documents to the ETA platform for real-time approval.

The B2C e-receipt mandate extended to additional taxpayer categories starting September 2025, with the eighth sub-phase requiring new groups to integrate their point-of-sale (POS) devices or ERP systems with the ETA central system. Every branch and POS terminal of a listed taxpayer must issue e-receipts for all B2C sales. Yukti supports both B2B e-invoicing and B2C e-receipt generation within a single system, ensuring comprehensive coverage across all transaction types.

Egyptian VAT applies at a standard rate of 14% on most goods and services. Certain essential goods and services are exempt or zero-rated, including basic food items and educational services. The Table Tax (a specific tax on certain goods like tobacco, alcoholic beverages, and petroleum products) applies in addition to or instead of VAT for specified categories. Yukti handles both VAT and Table Tax calculations.

Egyptian accounting follows Egyptian Accounting Standards (EAS), which are substantially based on IFRS with some local modifications. Financial statements must be prepared in Arabic and filed with the relevant authorities. The tax year follows the calendar year for most businesses, with corporate income tax at 22.5% for most companies and a higher rate for oil exploration companies. Yukti supports EAS-compliant chart of accounts and generates financial statements in the required format.

Payroll in Egypt includes social insurance contributions (both employer and employee share), income tax withholding on graduated scales, and the social solidarity contribution for higher earners. Electronic archival of all tax documents is required for at least seven years. Yukti calculates all statutory deductions and maintains compliant digital records for the full retention period.