{"id":323441,"date":"2021-09-23T10:10:06","date_gmt":"2021-09-23T10:10:06","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=323441"},"modified":"2021-09-23T10:10:06","modified_gmt":"2021-09-23T10:10:06","slug":"egypt-launches-pilot-operation-of-e-receipt-system","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/09\/23\/egypt-launches-pilot-operation-of-e-receipt-system\/","title":{"rendered":"Egypt launches pilot operation of e-receipt system"},"content":{"rendered":"<p>The Egyptian Minister of Finance, Mohamed Maait, announced the launch of the pilot operation of the electronic receipt system which will be fully implemented\u00a0in six months and a half.<\/p>\n<div id=\"Outstream\"><\/div>\n<p>Maait noted that the ministry is working on enhancing the governance of the financial system and accelerating the steps to complete the tax and customs automation and modernisation project by March 2022, according to a statement on Thursday.<\/p>\n<p>The move will help boost investments and\u00a0bring more informal businesses into the formal economy, the minister pointed out.<\/p>\n<p>Through the e-receipt system,\u00a0all commercial transactions can be monitored by the Egyptian Tax Authority\u00a0via a real-time electronic system.<\/p>\n<p>This step\u00a0followed the implementation of the electronic invoicing system to which\u00a0more than 2,700 companies have\u00a0registered and over 55 million e-invoices have been recorded. Through the system, more than 2,800 tax evasion cases were uncovered with tax dues amounting to more than EGP 3.5 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Minister of Finance, Mohamed Maait, announced the launch of the pilot operation of the electronic receipt system which will be fully implemented\u00a0in six months and a half.\u00a0<\/p>\n","protected":false},"author":4,"featured_media":323038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,21],"tags":[],"class_list":["post-323441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Egypt launches pilot operation of e-receipt system - egy-africa<\/title>\n<meta name=\"description\" content=\"The Egyptian Minister of Finance, Mohamed Maait, announced the launch of the pilot operation of the electronic receipt system which will be fully implemented\u00a0in six months and a half.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/09\/23\/egypt-launches-pilot-operation-of-e-receipt-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt launches pilot operation of e-receipt system - 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