Egypt extends its exporting frontiers as a regional leader by introducing the Export-IT Program to bolster the domestic ICT industry. ITIDA first launched the program in 2010 to help Egyptian companies grow their exports from IT/ITES products and services By virtue of the program, eligible companies receive direct exports support on the collected proceeds of their value-added exports within a specified calendar year. Throughout the 13 rounds of Export-IT, ITIDA continued to strengthen and expand its support where over 290 local companies benefitted from the program. In 2023, ITIDA launched a new round of Export-IT program covering the export proceeds collected during 2022 with a major development aiming mainly to maximize the benefits of micro and small companies and encourage medium companies to grow and increase their exports.
ICT companies with more than 50% Egyptian ownership, headquartered in Egypt and exporting:
Note:Companies with total annual revenue exceeding 150 million EGP are not eligible for the program.
Companies’ Classification: Total Annual Revenue (TAR) is the sole criterion used to classify companies.
By virtue of the program, approved companies receive direct cash support as mentioned below:
Exact rebate percentages will be announced by end of program according to the approved budget for the entire program and received applications. Note: Export support ceiling is EGP 2.5 million per company.