Egypt
Africa
How are Giftcards treated for tax purposes in Egypt (VAT, single-purpose / multi-purpose)?
Egypt levies VAT at fourteen percent. There is no distinction between single purpose and multi purpose Giftcards. Giftcards are treated as means of payment with VAT due upon redemption on the goods value.
Is there a legal rule in Egypt on the validity period of Giftcards?
There is no specific statutory minimum or maximum validity in Egypt. The issuer Terms and Conditions apply under Consumer Protection Law one hundred eighty one slash two thousand eighteen requiring clear and fair terms.
What special rules apply in Egypt to the sale, issuance, or redemption of Giftcards?
Merchants must clearly state validity fees and redemption conditions. Misleading or unclear information may constitute unfair practice. VAT applies upon redemption.
What consumer rights apply in Egypt for expired Giftcards?
There is no statutory right to redeem expired Giftcards. Unfair or non transparent deadlines may be challenged before the Consumer Protection Agency.