Work in Egypt for a corporation based in Canada
Can I work remotely for a company in Canada while being in Egypt?
It is usually doable, but we recommand to check the following key points first:
- Are you a Canadian Citizen? If not, you need a work permit, and you need to get one.
- Are you a Canadian Permanent Resident?
- Are you a Canadian Citizen with a valid work permit? If not, you need to get a new work permit.
In any case, you need to be aware that if you work for a company in Canada, you need to be registered in Canada as a worker, and that is a process that can take from 6 to 8 months.
How to live in Egypt and find remote work in Canada?
Finding remote work in Canada if you are located in Egypt might be difficult, therefore we recommend that you leave Egypt and work from abroad.
It’s much easier to find remote work in Canada than in Egypt. We will help you with all the steps and get you started on your new life abroad.
Working remotely from abroad is much easier than working in Egypt.
How a company in Canada can send my salary in Egypt?
When working remotely for a corporation in Canada, you salary can be send to Egypt but you have to pay the taxes. This article will explain how it works.
You are a Canadian citizen living in Canada and you are working remotely for a company in Canada. Your salary is sent to your bank account in Canada, and you pay the taxes in Canada.
However, you are sending your salary to Egypt, and you are not paying the taxes in Canada. This is a common scenario for many Canadians who are working remotely for a corporation in Canada.
You may be wondering why this is the case.
Well, the reason is that the Canada Revenue Agency (CRA) does not recognize the income earned in another country.
When you are working remotely for a corporation in Canada, your salary is sent to your bank account in Canada.
However, when you are sending your salary in Egypt, you are not paying the taxes in Canada.
How does the Canada Revenue Agency (CRA) recognize your income?
When you are sending your salary in Egypt, you are not paying the taxes in Canada.
Where to pay my taxes when working remotely in Egypt for a company in Canada?
If you are working remotely in Egypt for a corporation established in Canada, taxes could seem complicated but in fact , they are not that complicated.
There are different types of taxes that you will have to pay when working remotely in Egypt for a Canadian corporation. You will have to pay the following taxes:
VAT
Employment Tax
Income Tax
You will have to pay a monthly tax on your income. The tax rate for this varies depending on the type of employment you have. If you are employed as a contractor, you will have to pay 10% of the gross income that you receive. If you are employed as a salaried employee, you will have to pay the following rates:
15% on the first $2,000 of your income
25% on the income between $2,000 and $10,000
35% on the income between $10,000 and $100,000
40% on the income between $100,000 and $1,000,000
50% on the income above $1,000,000
In addition to this, you will also have to pay a monthly tax on your income. This is called Employment Tax.