Tax on Selling Gold in Egypt
Egypt doesn't tax individuals on gains from selling their own gold: income tax covers set categories of income, and capital gains tax applies to securities, not personal belongings. Selling your jewellery, bars or coins is therefore untaxed, and the gold trade division said in August 2025 that there is no resale tax on gold. Buying jewellery carries 14% VAT on the making charge.
Facts checked 30 October 2026 · Not financial, legal or tax advice
At a glance
| What you sell | How the gain is taxed | Notes |
|---|---|---|
| Gold jewellery, bars and coins sold privately | Not taxed. | Dealers may only deduct their buy/sell spread and a hedge margin, not a "resale tax". |
| Gold dealt in as a business | Commercial profits taxed at progressive income tax rates up to 27.5%. | |
| Silver | Same as gold: no tax on private sales. | VAT applies to silver jewellery making charges too. |
How gold gains are taxed
- Egypt's income tax law taxes individuals on specific categories of income, such as salaries, business and professional income. Capital gains tax for individuals applies to shares and other securities (10% on EGX-listed shares for residents). Gold and other personal belongings aren't in any taxable category, so a private sale is untaxed.
- In August 2025 the General Division for Gold and Jewelry said there is "no such thing as a resale tax" on gold, after reports of traders charging customers 1% to 3%.
- If you buy and sell gold as a trade, the profit is business income taxed at progressive rates up to 27.5%.
- When you buy jewellery, VAT of 14% is charged on the making charge only, not on the value of the gold. The Tax Authority's average making charges for gold, silver and platinum jewellery were raised by 10% for 1 July 2026 to 30 June 2027.
Reporting
- Nothing to report for a private sale of your own gold.
- Gold traders register for tax and declare profits as business income.
Losses
- Losses on private gold sales can't be used, since the gains aren't taxed.
Tax on Selling Gold in Egypt: FAQ
Is there tax on selling gold in Egypt?
Not for individuals selling their own gold. Egypt has no capital gains tax on personal belongings, and private gold sales aren't a taxable category of income. Profits from trading gold as a business are taxed.
Is there a resale tax on gold jewellery in Egypt?
No. In August 2025 the General Division for Gold and Jewelry said there is no resale tax and no law supports one; dealers may only apply their buy/sell spread and a hedge margin.
Do I pay VAT when buying gold jewellery in Egypt?
Yes, 14% VAT on the making charge only, not on the value of the gold itself.
Sources (4)
General information about the rules for individual investors, checked October 2026. Tax depends on your circumstances and residence; check with the tax authority or an adviser. Not tax advice.