BYLaw

Taxpayers in Egypt must navigate a complex tax system carefully. On one hand, tax optimization  (also called tax planning or avoidance) refers to using legitimate provisions of the law to minimize taxes. On the other hand, tax evasion  involves illegal schemes to escape tax payment. Understanding the line between these two is crucial. Egyptian law explicitly punishes evasion as a criminal offense, while allowing legal planning within the rules. Foreign businesses and expats in Egypt should...

Tax optimization (also called tax planning  or tax avoidance) refers to legally reducing taxes by structuring transactions and taking advantage of allowances or incentives. This is distinct from tax evasion , which involves illegal actions (e.g. false accounting or hiding income) to avoid paying taxes. In other words, optimization works within  the law, whereas evasion crosses the line into fraud. Egypt’s tax laws recognize this distinction: lawful planning is encouraged, but deliberate...

Egyptian law treats corporate crime as illegal conduct by companies or their officers for business purposes. In practice, corporate crimes cover a wide range of offenses – from financial fraud and embezzlement  to bribery, tax evasion, and antitrust violations – whenever these acts benefit the company. Corporate crime is closely related to white-collar crime, but the two differ in focus. Corporate crime  typically involves illegal acts by a company (or its agents) against the public  or...