Technology

Technology companies grow fast, raise money, hire across borders and sell to clients in many countries. The accounting and tax set-up that worked at ten people rarely survives the first serious investor, the first foreign client or the first tax examination.

OAF helps technology companies and foreign tech groups operating in Egypt build a structure, accounts and tax position that investors, acquirers and the Tax Authority will all accept.

WHERE TECH COMPANIES USUALLY LOSE MONEY

• Revenue recognition. Subscriptions, multi-year contracts and upfront payments recognised the wrong way distort profit and create tax differences.
• VAT on services. VAT on digital and cross-border services is often applied inconsistently between local and foreign clients.
• Group structure. Intellectual property, development and sales split across countries without transfer pricing documentation invite challenge.
• Investor readiness. Due diligence slows down or fails when accounts, cap table and tax filings don't reconcile.

HOW WE HELP

• Company formation for foreign tech companies opening an Egyptian entity or development centre.
• Tax planning for group structure, intellectual property and cross-border services.
• External audit of financial statements, ready for investors and group reporting.
• Transaction advisory and due diligence for fundraising, acquisitions and exits.
• Financial consulting on revenue models, unit economics and board reporting.

WHY OAF

OAF is led by Dr. Mansour Etman, with more than 35 years of practice and over 200 clients. Our tax team includes former Directors-General of the Egyptian Tax Authority, so your structure is reviewed the way an examiner will see it, before it is tested.

FREQUENTLY ASKED QUESTIONS

Can you set up a development centre in Egypt for a foreign tech company?
Yes. We handle the entity set-up and structure the tax and transfer pricing so the arrangement holds up from day one.

Can you prepare us for investor due diligence?
Yes. We review your accounts, tax filings and documentation before investors do, so issues are fixed before they affect valuation.

Do you advise on VAT for software and digital services?
Yes. We review how VAT applies to your local and foreign clients and correct inconsistencies before they become assessments.

Book a consultation to review your company's structure and tax position.