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Egypt
Country Overview
| Capital | Cairo |
|---|---|
| Currency | EGP |
| Payroll cycle | Monthly |
| Employer taxes | 19.75% |
| Minimum wage | 3,500 EGP for the private sector |
| Working hours | 8 hours per day |
Latest HR Statutory Updates
2024
FEBRUARY 2024
New adjustments in the Income Tax brackets and personal exemption for 2024.
2023
DECEMBER 2023
Social Insurance Changes Effective January 2024
NOVEMBER 2023
Revised Income Tax Rate for 2023
New minimum wage for private sector employees
JULY 2023
The Hijri New Year and Revolution Day paid holidays.
JUNE 2023
New tax threshold and income tax exemption introduced.
JANUARY 2023
Change in social insurance salary capping.