Corporate - Branch income

Last reviewed - 29 June 2022

Branches of foreign corporations operating in Egypt receive tax treatment identical to that of corporate entities for the results of their activities in Egypt.

A branch, but not a subsidiary, may deduct a 'head office charge' of an amount of up to 10% of its taxable income.

According to law no. 53 of 2014, which imposed WHT on dividend payments, a PE's profits will be deemed dividend payments (and thus subject to 10% WHT, such rate is updated from the previous 5% WHT based on Law no. 199 of 2020) if not repatriated within 60 days of the following financial year-end.