Pods · Finance and accounting
Accounting and bookkeeping outsourcing in Egypt. Run in your books.
GrowAxis runs bookkeeping and finance operations for companies abroad from Cairo: payables, receivables, bank reconciliations and month-end, inside your accounting system. The accountants are GrowAxis employees in Egypt, from one person to a small pod. GrowAxis also prepares and files the tax returns, releases payments under the approval rules you set, and prepares the audit file with your auditor.
01Who it’s for
Built for founders who…
…have a finance lead but not enough hands for the daily work
…close the month late because the bookkeeping falls behind
…run Xero, QuickBooks, Zoho Books, Odoo or SAP and want people inside it
…want the work kept in your own books, where your accountant can review it
02What’s included
What the finance team in Cairo runs
- 01
Bookkeeping
Transactions coded and posted in your accounting system, with receipts and documents attached.
- 02
Accounts payable
Supplier invoices checked, matched to orders and prepared for your approval and payment run.
- 03
Accounts receivable
Invoices sent, payments matched and overdue accounts followed up, in English or Arabic.
- 04
Reconciliations
Bank, card and payment-provider lines matched every week, with the gaps listed for you.
- 05
Month-end
Accruals, schedules and the month-end pack prepared for your finance lead to review.
- 06
Reports
Cash, spend and the monthly numbers your managers read.
- 07
Employment and HR
GrowAxis employs the team in Egypt and handles payroll, equipment, cover for leave and reviews.
03Facts
Finance and accounting from Egypt, 2026
- Work already run from Egypt
- Egyptian teams manage financial and accounting operations, HR, fleet management and complex data processing, ITIDA said on 26 August 2026.
- Business graduates
- 234,100 graduates in business, administration and law in 2024: 31.5% of Egypt’s 743,100 higher-education graduates (CAPMAS).
- VAT on the service
- Egypt’s standard VAT is 14%, but services rendered remotely from Egypt to businesses abroad are zero-rated under Instruction 45 of 2025, with a signed contract, e-invoices and proof of payment.
- Month-end hours
- Up to 8 hours a day and 48 a week; overtime is paid at least 35% extra by day and 70% by night (Articles 117 and 121 of Labour Law 14 of 2025).
- Hours with Europe
- Cairo is one hour ahead of Berlin, Paris and Amsterdam and two hours ahead of London for most of 2026.
- Published offshore prices
- Offshore staffing firms publish prices too: Connext says dedicated employees start at about $1,800 a month in the Philippines.
Sources: ITIDA: Egypt offshoring exports hit $5.2B (26 August 2026); Al Banker (Arabic): CAPMAS 2024 higher-education graduates bulletin (25 December 2025); PwC Worldwide Tax Summaries: Egypt, other taxes (reviewed 17 August 2026); Andersen Egypt: English translation of Labour Law No. 14 of 2025; timeanddate: Egypt’s clock changes in 2026; Connext: pricing (checked 4 November 2026). A summary for planning, not legal advice.
04Egypt at a glance
Egypt at a glance, 2026
The numbers that decide whether Egypt fits, each from its source.
- Offshoring exports, from 282 delivery centres run by 252 companies (ITIDA, August 2026)
- $5.2B
- People in exporting outsourcing and tech companies, June 2026
- 195,300
- University graduates a year
- 750,000
- Subsea cables in service landing in Egypt, with 6 more planned
- 18
- Ahead of Berlin, Paris and Amsterdam for most of the year
- +1 hour
- A month, all in, for a mid-level software engineer at GrowAxis’s 2026 rates
- $2,500
Sources: ITIDA: Egypt offshoring exports hit $5.2B (26 August 2026); TeleGeography Submarine Cable Map: Egypt (checked 4 November 2026); GrowAxis: Cairo time difference in 2026; GrowAxis: Egypt salary calculator, 2026 rates.
Already delivering from Egypt
- Teleperformance (TP)About 26,800 peopleNew Cairo, Giza, Alexandria
- Concentrix24,500 people in 13 centresCairo, Giza, Alexandria
Vodafone _VOIS9,500 specialistsCairo, Alexandria- SutherlandOver 6,000 in AlexandriaAlexandria, New Cairo
- ValeoOver 3,000 engineersSmart Village, Cairo
Dell TechnologiesCenter of ExcellenceCairo- IBMClient Innovation CentersCairo, Giza
- Siemens EDAEngineering R&DCairo
- CapgeminiDelivery and AI centresCairo
- DXC TechnologyOver 600 IT professionalsCairo
- TTECOver 500, more plannedMaadi Technology Park
- DeloitteInnovation Hub, over 350Cairo
- EYTalent hub, 1,000+ jobs plannedEgypt
- HenkelGlobal Business SolutionsCairo
Companies with delivery centres in Egypt, each linked to the public source that states it. They are not GrowAxis clients, and the logos remain their owners’ trademarks.
Outsourcing to Egypt 2026: the destination guide
The industry, talent and languages, costs by role, hours, the rules, who is already there and how to set up a team. PDF, 20 pages, free, no sign-up.
05How it’s installed
Installed with your team. Live within 30 days.
We agree the processes, the accounting system, the approval rules and the close calendar. GrowAxis puts forward the people, you meet them, and they start in your system with the access you set. Payments are released under the approval limits you set, tax returns are prepared and filed on the calendar we agree, and the audit file is ready for your auditor. The close, the backlog and the error rate are reviewed with you every month.
- Preparation
- Planning & onboarding
- Execution & optimisation
- Review & scale
Measured by
- Days to close the month
- Invoices processed on time
- Unreconciled items
- Error rate
Related
- GrowCX: the full customer experience cycle
- BPO in Egypt for small companies
- Back office and IT for Saudi companies
- Odoo developers in Egypt
- SAP outsourcing from Egypt
- Egypt salary and employer cost calculator
- Outsourcing to Egypt
- SNOOD: case study
- Read: What ERP costs a small company in 2026: Odoo, Zoho, Business Central and NetSuite
- Read: Odoo or Zoho: choosing business software for a growing company in Egypt and the Gulf
- Read: Employing people in Egypt in 2026: what a foreign company needs to know
- Read: Cairo time difference in 2026: New York, London, Berlin, Riyadh and Dubai
06FAQ
Accounting outsourcing in Egypt: what founders ask first.
It is priced per role at GrowAxis’s 2026 all-in rates, from $1,500 a person a month: pay, social insurance, equipment and management. We price your team on the call.
Yours: Xero, QuickBooks, Zoho Books, Odoo, SAP or another, with the access you set. Your books stay in your system.
Yes. GrowAxis prepares and files the returns on the calendar we agree, from the books it keeps. The statutory audit is signed by an independent licensed auditor, as the law requires; GrowAxis prepares the audit file and works with your auditor.
You set the rules and GrowAxis runs them. The team prepares supplier invoices and payment runs, and releases payments within the approval limits you set; anything above them comes to you first.
Egypt’s standard VAT is 14%, but services rendered remotely from Egypt to businesses abroad are zero-rated under Instruction 45 of 2025, with a signed contract, e-invoices and proof of payment (PwC, reviewed 17 August 2026).
By planning the close calendar at the start. Egyptian law allows up to 8 hours a day and 48 a week, and overtime is paid at least 35% extra by day and 70% by night, so a busy close is planned into the team’s hours and cost.
No. GrowAxis employs the team in Egypt under its Labour Law 14 of 2025, so you need no entity, bank account or payroll there.
Free growth assessment
Find out which finance work to move to Cairo first.
30 minutes. We look at your books, your systems and your close, then tell you what the team in Cairo would run and what it costs. It runs on its own in your accounting system, or with GrowCX, the customer experience engine, when billing questions come from customers. No pitch.