{"id":1391,"date":"2017-04-23T22:52:57","date_gmt":"2017-04-23T22:52:57","guid":{"rendered":"http:\/\/127.0.0.1:8081\/?page_id=67"},"modified":"2017-04-23T22:52:57","modified_gmt":"2017-04-23T22:52:57","slug":"regulations-reduced-vat-imposed-machines-and-equipment","status":"publish","type":"post","link":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/","title":{"rendered":"Regulations of Reduced VAT imposed on Machines and Equipment"},"content":{"rendered":"<p>The Ministry of Finance issued Decree no. 106 of 2017 to regulate how the reduced <abbr title=\"value added tax\">VAT<\/abbr><br \/>\nrate of 5% (instead of the regular rate of 14%) on machines and equipment shall apply.<\/p>\n<p>According to Art. 3 of the <abbr title=\"value added tax\">VAT<\/abbr> Law, the reduced <abbr title=\"value added tax\">VAT<\/abbr> rate applies on machines and<br \/>\nequipment imported or locally procured by a company for the sole purpose of producing<br \/>\nits goods or providing its services. If the machines and equipment are imported by a<br \/>\nthird party for the benefit of the producer or the service provider, the third party must<br \/>\nsubmit sufficient supporting documents evidencing the transaction, otherwise the<br \/>\nregular <abbr title=\"value added tax\">VAT<\/abbr> rate shall apply until submitting such documents.<\/p>\n<p>For complete production lines, a fixed <abbr title=\"value added tax\">VAT<\/abbr> rate of 5% shall apply even if the production<br \/>\nline is imported in parts. In this case, the competent authority (being the General<br \/>\nAuthority for Investment and Free Zones (<abbr title=\"General Authority for Investment and Free Zone\">GAFI<\/abbr>) or the Industrial Development<br \/>\nAuthority (<abbr title=\"Industrial Development Authority\">IDA<\/abbr>)) shall send a letter to the Tax Authority confirming that the imported<br \/>\nmachines are a complete production line. The Tax Authority shall then send a letter to<br \/>\nthe Customs Authority with the applicable <abbr title=\"value added tax\">VAT<\/abbr> rate.<\/p>\n<p>A joint committee from the Tax Authority and the Customs will inspect the plant after<br \/>\ninstallation to ensure that imported machines and equipment are subject to the<br \/>\nreduced <abbr title=\"value added tax\">VAT<\/abbr> rate.<\/p>\n<p>For more information on this topic, you can contact <a href=\"mailto:f.salah@riad-riad.com?Subject=Regulations%20of%20Reduced%20VAT%20imposed%20on%20Machines%20and%20Equipment\">Dr. Fatma Salah<\/a>, or <a href=\"mailto:h.elkady@riad-riad.com?Subject=Regulations%20of%20Reduced%20VAT%20imposed%20on%20Machines%20and%20Equipment\">Heba Elkady<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Finance issued Decree no. 106 of 2017 to regulate how the reduced VAT rate of 5% (instead of the regular rate of 14%) on machines and equipment shall apply.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Regulations of Reduced VAT imposed on Machines and Equipment - riad-riad.com<\/title>\n<meta name=\"description\" content=\"Regulations of Reduced VAT imposed on Machines and Equipment\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regulations of Reduced VAT imposed on Machines and Equipment - riad-riad.com\" \/>\n<meta property=\"og:description\" content=\"Regulations of Reduced VAT imposed on Machines and Equipment\" \/>\n<meta property=\"og:url\" content=\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/\" \/>\n<meta property=\"og:site_name\" content=\"riad-riad.com\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-23T22:52:57+00:00\" \/>\n<meta name=\"author\" content=\"Mohamed\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/\"},\"author\":{\"name\":\"Mohamed\",\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/person\/343abff9d1fb725bfa1dbf1244aab1cb\"},\"headline\":\"Regulations of Reduced VAT imposed on Machines and Equipment\",\"datePublished\":\"2017-04-23T22:52:57+00:00\",\"dateModified\":\"2017-04-23T22:52:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/\"},\"wordCount\":237,\"publisher\":{\"@id\":\"https:\/\/riad-riad.com\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/\",\"url\":\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/\",\"name\":\"Regulations of Reduced VAT imposed on Machines and Equipment - riad-riad.com\",\"isPartOf\":{\"@id\":\"https:\/\/riad-riad.com\/#website\"},\"datePublished\":\"2017-04-23T22:52:57+00:00\",\"dateModified\":\"2017-04-23T22:52:57+00:00\",\"description\":\"Regulations of Reduced VAT imposed on Machines and Equipment\",\"breadcrumb\":{\"@id\":\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/riad-riad.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Regulations of Reduced VAT imposed on Machines and Equipment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/riad-riad.com\/#website\",\"url\":\"https:\/\/riad-riad.com\/\",\"name\":\"riad-riad.com\",\"description\":\"Just another WordPress site\",\"publisher\":{\"@id\":\"https:\/\/riad-riad.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/riad-riad.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/riad-riad.com\/#organization\",\"name\":\"Riad & Riad\",\"url\":\"https:\/\/riad-riad.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/riad-riad.com\/wp-content\/uploads\/2021\/10\/cropped-forfavi-wordpress.png\",\"contentUrl\":\"https:\/\/riad-riad.com\/wp-content\/uploads\/2021\/10\/cropped-forfavi-wordpress.png\",\"width\":512,\"height\":512,\"caption\":\"Riad & Riad\"},\"image\":{\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/person\/343abff9d1fb725bfa1dbf1244aab1cb\",\"name\":\"Mohamed\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/riad-riad.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0aa5d2ad24184dfcc5bc7e23aac5981f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0aa5d2ad24184dfcc5bc7e23aac5981f?s=96&d=mm&r=g\",\"caption\":\"Mohamed\"},\"sameAs\":[\"https:\/\/riad-riad.com\"],\"url\":\"https:\/\/riad-riad.com\/author\/mohamed\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Regulations of Reduced VAT imposed on Machines and Equipment - riad-riad.com","description":"Regulations of Reduced VAT imposed on Machines and Equipment","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/","og_locale":"en_US","og_type":"article","og_title":"Regulations of Reduced VAT imposed on Machines and Equipment - riad-riad.com","og_description":"Regulations of Reduced VAT imposed on Machines and Equipment","og_url":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/","og_site_name":"riad-riad.com","article_published_time":"2017-04-23T22:52:57+00:00","author":"Mohamed","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mohamed","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/#article","isPartOf":{"@id":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/"},"author":{"name":"Mohamed","@id":"https:\/\/riad-riad.com\/#\/schema\/person\/343abff9d1fb725bfa1dbf1244aab1cb"},"headline":"Regulations of Reduced VAT imposed on Machines and Equipment","datePublished":"2017-04-23T22:52:57+00:00","dateModified":"2017-04-23T22:52:57+00:00","mainEntityOfPage":{"@id":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/"},"wordCount":237,"publisher":{"@id":"https:\/\/riad-riad.com\/#organization"},"articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/","url":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/","name":"Regulations of Reduced VAT imposed on Machines and Equipment - riad-riad.com","isPartOf":{"@id":"https:\/\/riad-riad.com\/#website"},"datePublished":"2017-04-23T22:52:57+00:00","dateModified":"2017-04-23T22:52:57+00:00","description":"Regulations of Reduced VAT imposed on Machines and Equipment","breadcrumb":{"@id":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/riad-riad.com\/regulations-reduced-vat-imposed-machines-and-equipment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/riad-riad.com\/"},{"@type":"ListItem","position":2,"name":"Regulations of Reduced VAT imposed on Machines and Equipment"}]},{"@type":"WebSite","@id":"https:\/\/riad-riad.com\/#website","url":"https:\/\/riad-riad.com\/","name":"riad-riad.com","description":"Just another WordPress site","publisher":{"@id":"https:\/\/riad-riad.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/riad-riad.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/riad-riad.com\/#organization","name":"Riad & Riad","url":"https:\/\/riad-riad.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/riad-riad.com\/#\/schema\/logo\/image\/","url":"https:\/\/riad-riad.com\/wp-content\/uploads\/2021\/10\/cropped-forfavi-wordpress.png","contentUrl":"https:\/\/riad-riad.com\/wp-content\/uploads\/2021\/10\/cropped-forfavi-wordpress.png","width":512,"height":512,"caption":"Riad & Riad"},"image":{"@id":"https:\/\/riad-riad.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/riad-riad.com\/#\/schema\/person\/343abff9d1fb725bfa1dbf1244aab1cb","name":"Mohamed","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/riad-riad.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0aa5d2ad24184dfcc5bc7e23aac5981f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0aa5d2ad24184dfcc5bc7e23aac5981f?s=96&d=mm&r=g","caption":"Mohamed"},"sameAs":["https:\/\/riad-riad.com"],"url":"https:\/\/riad-riad.com\/author\/mohamed\/"}]}},"_links":{"self":[{"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/posts\/1391"}],"collection":[{"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/comments?post=1391"}],"version-history":[{"count":0,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/posts\/1391\/revisions"}],"wp:attachment":[{"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/media?parent=1391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/categories?post=1391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riad-riad.com\/wp-json\/wp\/v2\/tags?post=1391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}