For companies that want to export tiles to Egypt, understanding Egypt's specific import regulations can not only ensure smooth customs clearance of goods, but also effectively handle tax refund issues. This article will analyze Egypt's relevant regulations and their impact on tax refunds in detail.

Import and Export Control Measures in Egypt: ACID

In order to strengthen the management of imported goods, Egypt has fully implemented the ACID system, also known as the Advance Cargo Information Declaration system, starting July 1, 2021, a new system designed to ensure that all imported goods have completed relevant information registration before arrival in Egypt ports.

For enterprises engaged in trade with Egypt, it is imperative to complete registration and submit relevant information on the NAFEZA platform before the shipment of goods. The most important thing is to obtain an ACID number for Egypt, as this number will become the necessary information on all freight documents. If the ACID number is not provided on the freight documents, the goods will be forced back and face a fine. Therefore, coordination and communication with Egyptian importers and freight companies is important.

Tax Refund: Not Related to Registration

For many exporters, tax refunds are a matter of great concern. Tax refunds in the process of exporting to Egypt are mainly based on submitted relevant documentation, such as information about existing actual overseas sales and overseas payments. The question of whether a company will be registered in Egypt is actually not related to a tax refund. In other words, whether the company chooses to register in Egypt in its own name or in the name of the producer, it does not affect its interest in tax refunds.