The minimum wage for 2023 is EGP 2700 per month.
The minimum wage for 2023 is EGP 2700 per month.
The individual income tax ranges from 0% to 25%. Income tax is calculated according to progressive rates.
Gross Annual Income (EGP) | Tax Rate (%) |
---|---|
From 0 to 15,000 | 0% |
15,000 to 30,000 | 2.5% |
30,000 to 45,000 | 10% |
45,000 to 60,000 | 15% |
60,000 to 200,000 | 20% |
200,000 to 400,000 | 22.5% |
More than 400,000 | 25% |
The employer cost is generally estimated at 19.75% of the employee's salary.
Some employer costs have limits, therefore, the percentage will vary.
One time fee
Standard working hours are 8 hours per day, 40 hours per week. The standard work week is from Sunday to Thursday.