Egypt - Increase in Social Security Limits

Egypt - Increase in Social Security Limits

The Social Insurance and Pension Law no. 148 of 2019 mandates a 15% increase on the minimum and maximum salary limits on which the social security contributions are calculated on. This increase is effective 1 January every year for a period of seven years from 1 January 2021.

Therefore, effective 1 January 2023 -
  1. the monthly minimum salary limit increases from EGP 1 400 to EGP 1 700, and 
  2. the monthly maximum limit increases from EGP 9 400 to EGP 10 900.
    • Related Articles

    • Egypt | How to exempt Directors from social security contributions

      Within Egypt the option to exempt Directors of a company from the standard social security can be applied by highlighting a Director status. Navigate to Employee > Tax Profile Ensure the employee record tax status field is set to Directors from the ...
    • Egypt | Increase in Social Security Limits effective 1 January 2025

      The Social Insurance and Pension Law No. 148 of 2019 and its Executive Regulations No. 2437 of 2021 mandate a 15% increase in the minimum and maximum salary limits on which social security contributions are calculated. This increase is effective on ...
    • Egypt - Increase in Social Security Limits Effective 1 January 2024

      The Social Insurance and Pension Law no.148 of 2019 mandates a 15% increase on the minimum and maximum salary limits on which the social security contributions are calculated. This increase is effective 1 January every year for a period of seven ...
    • UAE: How do I update Social Security in UAE?

      There are two new note components created in UAE for the Scoial Security. Social Security GCC National Employee Percentage (Tax Code: GCCEE) Social Security GCC National Employre Percentage (Tax Code: GCCER) The Social Security Juristrication must be ...
    • Angola | How Do I Exempt An Employee From Social Security?

      To exempt an employee from Social Security, the "Social Security Exemption" component is available for use and would be added on the employee's Recurring Payroll Component screen (Employee > Payroll Processing > Recurring Payroll Components). This ...