Question 1

Are these accounting firms in Cairo familiar with ETA e-invoicing?

Accepted Answer

Yes. Every Wafeq partner serving Cairo is familiar with the Egyptian Tax Authority's e-invoicing mandate, which now covers nearly all VAT-registered businesses. Many also handle ETA registration and ERP-side integration for larger Egyptian businesses.

Question 2

Can these firms set up companies in Egyptian free zones as well as mainland?

Accepted Answer

Most Cairo firms on this page handle company formation across mainland Egypt and the main free zones (6 October, 10 Ramadan, and the Suez Canal Economic Zone), as well as the New Administrative Capital. They also advise on the investment law incentives that apply to specific zones and sectors.

Question 3

How does Egyptian VAT compare to KSA and the UAE?

Accepted Answer

Egypt applies a 14% standard VAT rate (with a 5% rate on certain goods), compared to KSA's 15% and the UAE's 5%. Filing is monthly for most businesses rather than quarterly, and the ETA e-invoicing mandate has tightened the documentation and timing requirements.

Question 4

Are Egyptian Accounting Standards (EAS) the same as IFRS?

Accepted Answer

EAS broadly aligns with IFRS but adapts some local rules, particularly around inflation accounting, foreign exchange treatment, and certain disclosure requirements. Cairo firms with multinational clients typically prepare books under both standards when needed.

Question 5

Can a Cairo firm work with my business if I'm in Alexandria or upper Egypt?

Accepted Answer

Most Cairo firms serve clients across Egypt: Alexandria, Mansoura, Asyut, and the wider delta and upper Egypt regions. Accounting work is largely remote, so bookkeeping, VAT returns, and reporting all run inside Wafeq regardless of where the accountant sits.

Wafeq-certified accounting firms in Cairo and Greater Egypt

Aok Book - اي اوك بوك

Afaaq Al-Maarefah Company