Export IT Rebate Program

Export-IT Rebate program is an integral part of ITIDA’s strategy to encourage, promote exports of ICT companies and support them in penetrating key markets. Egypt is one of the leading countries in the region that introduced Export Rebate Program to support the ICT industry.
Overview
 

Export-IT Rebate program forms an integral part of ITIDA strategy to support ICT exports while channeling exporters to increase their competitiveness. The agency structured this program to support ICT exports while channeling exporters to increase their competitiveness.

Egypt extends its exporting frontiers as a leading country in the region by introducing the export rebate program to bolster domestic ICT industry. ITIDA first launched the program in 2010 to help Egyptian companies increase their exports from IT/ITES products and services.

By virtue of this program, eligible companies receive direct cash rebate on the collected proceeds of their value-added exports within a specified calendar year.

Throughout Export-IT eight previous rounds, ITIDA strengthened and broadened support for more than 165 local companies. The total rebate amounted to 280 million EGP and the program contributed to IT export sales volume with 5.8 billion EGP of revenues.

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In 2018, ITIDA re-launched Export-IT program for the ninth consecutive year allocating 50 million EGP to the new round.


Objectives
 

·  Support Egyptian companies in developing their resources and leverage their competitiveness

·  Develop and increase the Egyptian exports of ICT services


Benefits
 

The main strength of Export-IT lies in the data gathered from participating companies covering their ICT exports in "terms of amount," "export destination," "types of service exported," and "business verticals served".

All export transactions and supporting documents are audited, reviewed, and cross-validated by the program's external auditor.

Bringing a good sample of the participated companies, we analyze data collected, after auditor validation, to provide an in-depth overview of Egyptian ICT exports.

ITIDA conducts this analysis taking in consideration the confidentiality of information each company delivers.

More than 16 thousand Egyptian employee working in local companies that export ICT/ITES services and products to more than 165 countries.


ITIDA carefully studies the audited indicators of the validated export values, services exported, business models adopted by companies as well as export destinations and business verticals served.

Based on the exports indicators, further comparative analysis is conducted covering global ICT exports, potential markets and opportunities through global forecasted ICT spending and market trends.

 

Eligibility Criteria
 

ICT companies with more than 50% Egyptian ownership, headquartered in Egypt and exporting:

  • · ICT Services
  • · Embedded Software
  • · IT-enabled Services* (examples: call center services, consultation and training services related to IT) 
  • *IT-enabled services are subject to Export-IT committee's approval.


Rebate value:

Approved trusted companies receive direct cash rebate amounting from 10% to 30% of their value added exports as mentioned in the table below. Rebate ceiling per company applies according to the program's terms and conditions.

Main rebate ranges from 10% to 20% of the value added exports based on the company's size; micro, small, medium or large.

Additional rebate (1) is estimated at 5% of value added exports of e-Games, e-Health, e-Design, and e-Commerce
Additional rebate (2) amounting up to 5% of value added exports to companies operating or having branches in one of the new technology parks (with a maximum of EGP 500K per year)

Rebate overall ceiling is EGP 2.5 million per company or EGP 3 million for companies operating or having branches in one of the new technology parks.

 

​Rebate Incentive Summary

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The program announces the exact rebate percentages by the end of each round according to the approved budget for the entire round and received applications.


Processes
 
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​​Apply
 


To register under Export-IT 2018, please click here and follow the resources at the bottom of this page.

Aiming to facilitate the submission process of Export-IT 2018, application form and its supporting documents would be signed and submitted electronically. This is through the software application of the program using the e-signature token.

 

Accordingly, interested companies, which did not issue the e-signature certificate, are invited to apply as per the following:

 

1.2.1 Obtain e-signature contract from ITIDA (Investment and International Business Development Department)

ITIDA - 1st Floor

Smart Village, B121, Cairo - Alex. Desert Road, Km 28.

 

1.2.2 The company's authorized signatory should arrange to fill in the e-signature application and contract hardcopy to be collected from ITIDA.

1.2.3 Submit the original hardcopy of the signed e-signature application and contract along with the signatory's valid ID and the company's recent commercial register maximum by 22/11/2018 to Investment and International Business Development Department

 

Note: Companies need to renew the token certificate should arrange to renew the certificate of the token directly from Misr for Central Clearing Depository and Registry (MCDR) or Egypt Trust Company according to the entity issued its e-signature certificate.

 

1. Orientation Sessions

 

- Venue: Cairo ( ITIDA premises) 

- Date: 12/11/2018

- Time: 9:00 am to 1:00 pm.

 

Detailed orientation sessions covering the program criteria, terms and conditions, application form and required documents will be conducted different governorates by Export Development team.

 

In addition to a technical orientation session, covering the Registration and Documents Submission using Export-IT software application.

 

2. Documents Submission:

Start Date: To be advised

End Date: To be advised

 

Companies should arrange to submit Export-IT application form and supporting documents as indicated in the checklist and terms & conditions document through Export-IT software using the E-Signature token.

 

It is worth noting that the only hardcopy documents that need to be submitted will be the following certificates issued by the company' external auditor:

  • - Revenue Certificate
  • - Ownership Certificate
  • - Cost Certificate

 

Delivering the hardcopies should be to ITIDA's premises from Sunday - Thursday from 09:00 a.m. - 2:30 p.m. to the following address:

​Investment and International Business Development Department

ITIDA - 1st Floor

Smart Village, B121, Cairo - Alex. Desert Road, Km 28

 

To download Export-IT software (will be available later).

*for companies that participated in Export-IT 2017, kindly re-download the Export-IT software to be able to proceed with the registration and documents submission

 

Contacts
 

For any inquiries regarding the Export-IT program, kindly contact ITIDA's call center on 16CIT (16248) or exportdev@itida.gov.eg


Resources
 

Export-IT 2018 application form and checklist
Export-IT 2018 declaration and pledge​
Export-IT Rebate – T&C and docs list
Export-IT 2018 sample file
Export-IT software application
E-signature token issuance process​

Notes
 

· Companies that have previously participated in Export-IT program during the past eight years are also requested to register under Export-IT program 2018

· There is no minimum or maximum limit with respect to the company's export proceeds, size, and number of employees, etc. All trusted companies meeting the program's criteria would be eligible to participate in the program

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