Back to the complete issue
Wednesday, 8 July 2020

Gov’t announces “seriousness” fees for settlement of building code violations

Gov’t announces “seriousness” fees for settlement of building code violations: Prime Minister Moustafa Madbouly announced the values of fees required to demonstrate seriousness for applicants seeking to settle building code violations, in a meeting with the ministers of finance, housing and local development on Tuesday, a cabinet statement said. The fees must be submitted alongside the settlement applications, and will be deducted from the overall charges if the applications are accepted. Demolition procedures will commence right away for rejected applications.

Applicants who have already submitted settlement requests can start paying their fees from 15 July. There is currently a backlog of 325k such applications. For new settlement applicants, the deadline will be 30 September.

The new fees must be brought in line with current building legislation, House Housing Committee member Ihab Mansour told Al Mal. Legislation stipulates that applicants must pay at least 25% of the overall violation fees in a lump sum within 60 days of the application being accepted, or in quarterly installments over a maximum of three years.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.