Compare Egypt and Turkey corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Published — Egypt: 2/14/2024 · Turkey: 2/14/2024 · Time of Update — Egypt: 10/07/2026 · Turkey: 10/02/2026
Published — Egypt: 2/14/2024 · Turkey: 2/14/2024 · Time of Update — Egypt: 10/07/2026 · Turkey: 10/02/2026
Corporate Income Tax (CIT)
Egypt
Turkey
description
General CIT Rate:
22.5
description
General CIT Rate:
25 (financial companies up to 30%)
event
CIT Return Due Date:
Within four months after the end of the fiscal year.
event
CIT Return Due Date:
The 30th day of the fourth month after the end of the fiscal year.
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CIT Payment Due Date:
Within four months after the end of the fiscal year.
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CIT Payment Due Date:
Corporate income tax is paid by the end of the month in which the return is filed (30 April for a calendar-year company).
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CIT Estimated Payment Due Date:
Egyptian taxpayers have the option to use the prepayment method. This means that they can pay 60% of the previous year's declared tax (or the estimated amount for the current year) to the Egyptian Tax Authority in three installments. If they choose to do so, they do not have to comply with the local income withholding tax rules (their income will not be subjected to local withholding tax).
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CIT Estimated Payment Due Date:
Quarterly provisional tax is paid by the 17th of the second month after each quarter (17 May, 17 August, 17 November and 17 February).
Capital gains are constrained by the normal corporate income tax rate.
Effective Tax Rate (ETR)
Egypt
Turkey
percent
Composite Effective Average Tax Rate:
20.81%
percent
Composite Effective Average Tax Rate:
22.33%
percent
Composite Effective Marginal Tax Rate:
14.44%
percent
Composite Effective Marginal Tax Rate:
9.56%
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