Adjustment to Social Security Contribution Caps
12 December 2024 – The Egypt General Social Insurance Authority (EGSIA) has recently revised the minimum and maximum caps for social security contributions, effective from 1 January 2025. This update follows the instructions issued in 2019, which mandated a 15% annual increase in the applicable caps from 2020 to 2027.
As of 1 January 2025, the revised caps are as follows:
Cap category |
Current wage cap for year 2024 |
Wage cap from 1 January 2025 |
Minimum cap |
EGP 2,000 |
EGP 2,300 |
Maximum cap |
EGP 12,600 |
EGP 14,500 |
Additionally, the applicable social security contribution rates in Egypt are as follows:
Employee share: 11%
Employer share: 18.75%
Managers and board members included in commercial register: 21%
Deloitte’s view
The annual updates aim to keep pace with Egypt's dynamic economy as part of the authorities’ commitment to achieving social justice. It is crucial for businesses to stay up-to-date and compliant with such annual updates.
In this context, our team at Deloitte is ready to provide support, helping you navigate these regulatory adjustments and ensuring that your practices remain in accordance with the latest legal requirements.
