The Social Security is a tax related to labour income, companies and employees. Revenues from the Social Security tax are to be reinvested in the form of different social programs such as pensions, health care and others.
Social Security Rate for Companies:
The social security rate for companies stands at 26% that is applied on a cap of EGP 1,670/month from basic salary and 24 % that is applied on a cap of EGP 4,040/ month from a variable salary.
Social Security Rate for Employees:
The social security rate for employees stands at 14% that is applied on a cap of EGP 1670/month from basic salary, and 11 % that is applied on a cap of EGP 4,040/ month from a variable salary.
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