Unique Identification Number

A unique identification number is a special number used to deal with tax authorities in Egypt, such as the tax authority. This number is assigned to each financier (individual or company) as soon as it is registered in the tax system, and is considered as a unique identification number used in all tax transactions

The tin - Tax identification number is an essential element of the modern tax system and is of great importance in regulating the relationship between financiers (individuals or companies) and the tax authority. Here are its importance and benefits:

1- A unique definition of a financier

* The Unique Identification Number serves as a tax ID for each individual or entity registered with the tax authority.

* It ensures that no confusion occurs between different financiers or companies, especially in the case of a similarity of names.

2- Ease of dealing with the tax authority

* The marked identification number is used in all official correspondence with the tax authority.

* It helps to quickly conduct tax operations such as filing tax returns, paying taxes, or submitting requests for exemptions or inquiries.

3. Ensuring transparency and credibility

* Contributes to improving tax transparency by linking All tax transactions are single-digit.

* Helps tax authorities to track flows Finance and fair application of tax laws.

4. Facilitating digital transformation

* With the transition to the electronic billing system, the unique identification number has become an essential part of this system, as it is used to connect financiers with their digital documents and transactions.

* Enables financiers to manage their tax affairs electronically through the IRS portal

5. Legal compliance

* Registration and obtaining a unique identification number is mandatory according to Egyptian tax laws.

* Not having this number may lead to legal problems or fines.

6. Facilitate tax refunds and exemptions

* The Unique Identification Number is used to process tax refund requests or take advantage of tax exemptions granted by laws, especially in economic zones such as the Suez Canal Economic Zone

7. Building a unified database

* It helps the government to build an accurate database of all economic activities, which enhances economic planning and decision-making.

* The application submitted on the tax portal is stamped with the company's seal and on the company's offices.

* The company's tax card (valid) or a data document.

* A special modern commercial register of the company.

* The national ID card of the financier or commissioner.

* A general power of attorney (for the agent only) to deal with the Tax Authority, a recent one that has not passed more than 6 months, or an authorization issued by the company, including a valid bank signature.

* A record of proof of case.

* Bring the company seal

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