Egypt vs Iceland
Corporate Tax Comparison
Time of Update: Egypt: 4/05/2026 / Iceland: 4/04/2026
Compare Egypt and Iceland corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Egypt vs Iceland Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Egypt
Iceland
General CIT Rate:
22.5
General CIT Rate:
20 (for LLCs and limited partnerships); 37.6 (for other entities)
CIT Return Due Date:
Within four months after the end of the fiscal year.
CIT Return Due Date:
31 May
CIT Payment Due Date:
Within four months after the end of the fiscal year.
CIT Payment Due Date:
November 1st and December 1st
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).
CIT Estimated Payment Due Date:
Except for January and October, prepayments should be made on the first day of each month.
Withholding Tax (WHT)
Egypt
Iceland
Resident Withholding Tax (Dividend/Interest/Royalty):
5-10/0/0
Resident Withholding Tax (Dividend/Interest/Royalty):
22/22/0
None-Resident Withholding Tax (Dividend/Interest/Royalty):
5-10/0/20
None-Resident Withholding Tax (Dividend/Interest/Royalty):
21/13/22
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Egypt
Iceland
General Capital Gain Tax Rate:
0, 10 or 22.5
General Capital Gain Tax Rate:
20 (for corporations, same as CIT rate for LLCs); 22 (for individuals)
Effective Tax Rate (ETR)
Egypt
Iceland
Composite Effective Average Tax Rate:
20.81%
Composite Effective Average Tax Rate:
18.79%
Composite Effective Marginal Tax Rate:
14.44%
Composite Effective Marginal Tax Rate:
14.93%
