|Policy status:||In Force|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Tax relief|
|Policy Target:||Multiple RE Sources>All|
|Legal References:||Presidential Decree No 17/2015 amending Investment Law no. 8/1997|
In order to further attract energy investments in the energy sector (including renewable energy sector) in the country, in 2015 Egypt adopted substantial amendment to its Investment Law from 1997. Incentives include trimming sales tax to 5% from as high as 10%, and setting customs duties on equipment used for production at 2%.
Following non-tax incentives are offered to energy producers:
|Related policies:||Egypt Renewable Energy Law (Decree No 203/2014)|
Last modified: Wed, 31 Aug 2016 14:33:28 CEST