We process payments securely through a variety of methods such as credit cards, debit cards, and alternative payment options such as mobile wallets, Fawry, and Valeo.
We may automatically collect and remit sales tax for your sales. However, this may not always apply. Check your tax obligations that we notify you of when you contact us.
Payment schedules and methods can vary depending on the seller’s preferences. You can usually set your preferred payment method (bank transfer, mobile wallet, etc..) within your seller account settings.
You'll likely need to provide us with your Tax Identification Number (TIN) for tax reporting purposes. You can still sell your products with us if you don’t have TIN. You can contact us to find out more details.
Yes, you are responsible for reporting and paying taxes on your income from sales made with us. Tax laws can be complex, so consulting a tax professional is highly recommended. You can always refer to The Egyptian Tax Authority website {www.eta.gov.eg/ar/home} and look up information for small businesses, or you can consult a specialist.
The Egyptian Tax Authority website {https://www.eta.gov.eg/ar/home} provides a wealth of information for small businesses, or you can consult a specialist in the field of taxes.
Failure to report income may result in penalties and interest fees from tax authorities. It is essential to keep accurate records and report your income correctly.
Use the platform's sales reports and transaction details. You may keep a record of all store-related expenses as well (e.g. receipts, invoices, etc.).
Yes! This is a common practice for self-employed individuals. Consult your tax advisor on the recommended amount to allocate based on your projected income.
Tax return filing requirements may vary depending on products and your income level. Consult your tax advisor to determine if you need to file estimated taxes quarterly.
Yes, shipping materials are typically a business expense and are tax deductible.
It's best to keep receipts for all your business expenses for at least a few years in case an audit is conducted by the tax authorities.
If you discover an error, consult your tax advisor about the best way to amend your tax return. There may be penalties associated with late or incorrect filings.
Many sellers do this.
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