A recent law waiving car customs for Egyptian expats was announced but there are still many questions about the laws and how much if any taxes will be 

Exempting Egyptian Expats from Car Customs Duty | Faydety

A recent law waiving car customs for Egyptian expats was announced but there are still many questions about the laws and how much if any taxes will be paid so join us as we find the answers.&nbsp;According to Dr. Magdy Abdel Aziz, former advisor to the minister of finance for customs affairs on Tuesday 18th of October 2022 for “Happening in Egypt” program on MBC Masr here is the breakdown:&nbsp;More on customs, exempted cars for expatriates <a href="https://www.faydety.com/learn/%D8%B9%D8%A7%D9%84%D9%85-%D8%A7%D9%84%D9%85%D8%A7%D9%84-1/%D8%B4%D8%B1%D9%88%D8%B7-%D8%A7%D8%B3%D8%AA%D9%8A%D8%B1%D8%A7%D8%AF-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%AE%D8%A7%D8%B1%D8%AC-%D9%84%D9%84%D9%85%D8%BA%D8%AA%D8%B1%D8%A8%D9%8A%D9%86-%D9%85%D8%B9%D9%81%D8%A7%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%AC%D9%85%D8%A7%D8%B1%D9%83-2463">here</a>.&nbsp;<h3>There are 3 categories of customs exempt cars for expatriates:&nbsp;</h3>&nbsp;<h2>Category one:</h2>&nbsp;<ul style="list-style-type:disc;"><li>1600 cc</li><li>Customs: 4%</li><li>Schedule tax 1%</li><li>Value-added taxes, 14%</li><li>Development fees, 3%</li></ul>&nbsp;Check out our article on <a href="https://www.faydety.com/learn/%D9%82%D8%A7%D9%85%D9%88%D8%B3-%D8%A7%D9%84%D9%81%D9%84%D9%88%D8%B3-3/%D8%A7%D8%B3%D8%B9%D8%A7%D8%B1-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B9%D8%A7%D9%82%D9%8A%D9%86-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D8%A8%D8%B9%D8%AF-%D8%A7%D9%84%D8%BA%D8%A7%D8%A1-%D8%A7%D9%84%D8%AC%D9%85%D8%A7%D8%B1%D9%83-2022-2051">prices of handicap cars after customs removal in 2022</a>&nbsp;<h2>Category two:</h2>&nbsp;<ul style="list-style-type:disc;"><li>Between 1600 CC and 2000 cc</li><li>Customs: 135%</li><li>Schedule tax 15%</li><li>Value added tax is 14%</li><li>Development fees, 5%</li></ul>&nbsp;Compare and find the best car insurance <a href="https://www.faydetyinsurance.com/car-insurance">here</a>&nbsp;<h2>Category three:</h2>&nbsp;<ul style="list-style-type:disc;"><li>2000 cc and up</li><li>Customs: 135%</li><li>Schedule tax 30%</li><li>Value added tax, 14%</li><li>Development fee is 8.5%</li></ul>&nbsp;The Ministry of finance’s website has a detailed table for each category where you will be able to find which category your car falls under. Registration is very easy.If the car is of European origin the customs fee will be waived but the VAT, schedule tax, and development fee will remain.&nbsp;<h2>Customs on used cars:</h2>&nbsp;<ul style="list-style-type:disc;"><li>If the car is 1 year old 10% of the car’s value will be deducted</li><li>If the car is 2 years old 15% will be deducted</li><li>If the car is 3 years old 20% will be deducted</li><li>If the car is older than that the customs would be calculated as usual</li></ul>&nbsp;Check out this <a href="https://www.youtube.com/watch?v=AH64cF2UgYg&amp;feature=emb_imp_woyt">video</a> for more information

Exempting Egyptian Expats from Car Customs Duty

Insurance is a contract, in the form of a policy, in which an individual or entity receives financial protection and/or compensation against losses from an insurance company. Insuring something means diverting the burden of payment for its loss from a personal responsibility to one that the insurance company bears on your behalf, in a certain percentage, depending on the type of insurance you have.&nbsp;&nbsp;The insurance company relies on calculating the probability of a loss or damage to an insured asset. If there is a high probability, then the insurance cost tends to be expensive; on the other hand, if the probability is low, the insurance cost tends to be relatively cheaper.&nbsp;Let's start with the basics.&nbsp;<h2>Insurance Policy:</h2>&nbsp;As stated briefly above, an insurance policy is a contract between you and an insurance company. This policy outlines your agreement's details and determines the claims that the insurer is legally required to pay in exchange for a premium. It essentially states that the insurer must pay for any loss or damage caused by risks covered under the policy.&nbsp;<h2>Insurance Premium:</h2>&nbsp;An insurance premium is a certain amount of money that you need to pay periodically in exchange for the maintenance of your chosen insurance policy. If you are unable to pay the premium, the insurance policy will be forfeited. If this happens and you decide you would like to keep your coverage, you may be required to pay a fine or charge a higher premium accordingly.&nbsp;<blockquote>The insurance company relies on calculating the probability of a loss or damage to an insured asset</blockquote>&nbsp;<h2>Types of Insurance:</h2>&nbsp;There are many different types of insurance. Though it is possible to divide them into two basic categories, under which the other types of insurance fall, the two categories are:&nbsp;<h2>Life Insurance / Health Insurance</h2>&nbsp;Life insurance is a contract between you and an insurance company where, in exchange for premium payments paid by you during your lifetime, the company will pay a sum of money to your beneficiaries after your death.&nbsp;&nbsp;Health insurance covers medical expenses that may arise due to illness. These expenses could entail costs of hospitalization, cost of medicines, or medical consultation fees.&nbsp;These insurance types are primarily based on individuals, although some countries go one step further and provide pet insurance. This is because, at times, the cost of medicines and veterinarian visits are higher than the costs of individuals.&nbsp;<h2>Property Insurance / Disaster Insurance</h2>&nbsp;This type of insurance reimburses an individual or business and protects a physical property against loss from theft, fire, natural disasters, etc. Property insurance covers the building or structure itself as well as its contents, whether personal or corporate, including furnishings, inventory, and other items.&nbsp;Get your <a href="https://www.faydetyinsurance.com/en">Insurance Policy</a> Now through Faydety!

What do you know about the Insurance system in Egypt? and what's its Policies, Premium, and kinds? All you need to know about insurance

Exempting Egyptian Expats from Car Customs Duty

Find out exactly how much you will pay

There are 3 categories of customs exempt cars for expatriates:

Category one:

Category two:

Category three:

Customs on used cars:

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