> Finance and accounting outsourcing to Cairo: bookkeeping, payables, receivables, reconciliations and month-end, run by GrowAxis in your accounting system. > > Web page: https://www.growaxis.net/services/accounting-outsourcing-egypt 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. [How GrowCX works](https://www.growaxis.net/engines/growcx) 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 ## What the finance team in Cairo runs 1. ### Bookkeeping Transactions coded and posted in your accounting system, with receipts and documents attached. 2. ### Accounts payable Supplier invoices checked, matched to orders and prepared for your approval and payment run. 3. ### Accounts receivable Invoices sent, payments matched and overdue accounts followed up, in English or Arabic. 4. ### Reconciliations Bank, card and payment-provider lines matched every week, with the gaps listed for you. 5. ### Month-end Accruals, schedules and the month-end pack prepared for your finance lead to review. 6. ### Reports Cash, spend and the monthly numbers your managers read. 7. ### Employment and HR GrowAxis employs the team in Egypt and handles payroll, equipment, cover for leave and reviews. ## 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)](https://itida.gov.eg/English/PressReleases/Pages/egypt-pm-madbouly-mcit-minister-raafat-hindy-alexandria-visit.aspx); [Al Banker (Arabic): CAPMAS 2024 higher-education graduates bulletin (25 December 2025)](https://www.banker.news/121410); [PwC Worldwide Tax Summaries: Egypt, other taxes (reviewed 17 August 2026)](https://taxsummaries.pwc.com/egypt/corporate/other-taxes); [Andersen Egypt: English translation of Labour Law No. 14 of 2025](https://eg.andersen.com/wp-content/uploads/2025/05/Translation-of-Labor-law-No.-14-of-2025.pdf); [timeanddate: Egypt’s clock changes in 2026](https://www.timeanddate.com/time/change/egypt?year=2026); [Connext: pricing (checked 4 November 2026)](https://connextglobal.com/connext-pricing/). A summary for planning, not legal advice. ## 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)](https://itida.gov.eg/English/PressReleases/Pages/egypt-pm-madbouly-mcit-minister-raafat-hindy-alexandria-visit.aspx); [TeleGeography Submarine Cable Map: Egypt (checked 4 November 2026)](https://www.submarinecablemap.com/country/egypt); [GrowAxis: Cairo time difference in 2026](https://www.growaxis.net/insights/cairo-time-difference-2026); [GrowAxis: Egypt salary calculator, 2026 rates](https://www.growaxis.net/services/egypt-salary-calculator). Already delivering from Egypt - [Teleperformance (TP)](https://itida.gov.eg/English/PressReleases/Pages/egypt-pm-madbouly-mcit-minister-raafat-hindy-alexandria-visit.aspx "ITIDA: Egypt offshoring exports reach $5.2B as tech companies scale delivery hubs beyond Cairo (26 August 2026)")About 26,800 peopleNew Cairo, Giza, Alexandria - [Concentrix](https://itida.gov.eg/English/PressReleases/Pages/egypt-pm-madbouly-mcit-minister-raafat-hindy-alexandria-visit.aspx "ITIDA: Egypt offshoring exports reach $5.2B as tech companies scale delivery hubs beyond Cairo (26 August 2026)")24,500 people in 13 centresCairo, Giza, Alexandria - [Vodafone \_VOIS](https://itida.gov.eg/English/PressReleases/Pages/egypt-pm-madbouly-mcit-minister-raafat-hindy-alexandria-visit.aspx "ITIDA: Egypt offshoring exports reach $5.2B as tech companies scale delivery hubs beyond Cairo (26 August 2026)")9,500 specialistsCairo, Alexandria - [Sutherland](https://itida.gov.eg/English/PressReleases/Pages/egypt-pm-madbouly-mcit-minister-raafat-hindy-alexandria-visit.aspx "ITIDA: Egypt offshoring exports reach $5.2B as tech companies scale delivery hubs beyond Cairo (26 August 2026)")Over 6,000 in AlexandriaAlexandria, New Cairo - [Valeo](https://itida.gov.eg/English/PressReleases/Pages/valeo-ai-development-center-opening-egypt-smart-village.aspx "ITIDA: Egypt marks Valeo’s 20-year presence with launch of AI Development Center in Cairo (20 April 2026)")Over 3,000 engineersSmart Village, Cairo - [Dell Technologies](https://itida.gov.eg/English/MediaCenter/News/Pages/CIT%5FMinister%5FTours%5FDell%5FCoE%5Fin%5FEgypt.aspx "ITIDA: Minister of Communications and IT tours Dell Technologies Centre of Excellence (16 October 2024)")Center of ExcellenceCairo - [IBM](https://www.ibm.com/careers/blog/your-sap-journey-starts-here-careers-at-ibm-egypt "IBM Careers blog: Your SAP journey starts here, careers at IBM Egypt")Client Innovation CentersCairo, Giza - [Siemens EDA](https://itida.gov.eg/English/PressReleases/Pages/itida-siemens-mou-electronics-RnD-egypt.aspx "ITIDA: ITIDA collaborates with Siemens Digital Industries Software to expand advanced technology development in Egypt (12 December 2023)")Engineering R&DCairo - [Capgemini](https://www.capgemini.com/news/press-releases/capgemini-to-establish-ai-center-of-excellence-in-egypt-to-accelerate-ai-driven-innovation-for-global-clients/ "Capgemini: Capgemini to establish AI Center of Excellence in Egypt (7 April 2025)")Delivery and AI centresCairo - [DXC Technology](https://dxc.com/us/en/newsroom/12012025-dxc-technology-and-egypts-information-technology-industry-development-agency-partner-to-support-neurodiversity-in-the-workplace "DXC: DXC Technology and ITIDA partner to support neurodiversity in the workplace (1 December 2025)")Over 600 IT professionalsCairo - [TTEC](https://www.ttec.com/newsroom/press-release/ttec-expands-operations-egypt-following-global-offshoring-summit-engagement "TTEC: TTEC expands operations in Egypt following Global Offshoring Summit engagement (25 November 2025)")Over 500, more plannedMaadi Technology Park - [Deloitte](https://itida.gov.eg/English/PressReleases/Pages/deloitte%5Flaunches%5FUSD30%5Fmillion%5Finnovation%5Fhub%5Fin%5FCairo.aspx "ITIDA: ICT Minister inaugurates Deloitte Innovation Hub in Cairo (10 October 2024)")Innovation Hub, over 350Cairo - [EY](https://itida.gov.eg/English/PressReleases/Pages/ey-mena-regional-consulting-technology-hub-egypt.aspx "ITIDA: EY MENA launches regional consulting and technology hub in Egypt (2 July 2026)")Talent hub, 1,000+ jobs plannedEgypt - [Henkel](https://itida.gov.eg/English/MediaCenter/News/Pages/Henkel-Egypt-Renews-3-Year-Partnership-with-ITIDA-.aspx "ITIDA: Henkel Egypt renews 3-year partnership with ITIDA to expand export services through its Global Business Solutions office in Cairo (10 June 2024)")Global 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. [Download the full guide](https://www.growaxis.net/resources/egypt-outsourcing-guide-2026.pdf) ## 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. 1. Preparation 2. Planning & onboarding 3. Execution & optimisation 4. Review & scale Measured by - Days to close the month - Invoices processed on time - Unreconciled items - Error rate Related - [GrowCX: the full customer experience cycle](https://www.growaxis.net/engines/growcx) - [BPO in Egypt for small companies](https://www.growaxis.net/services/bpo-egypt) - [Back office and IT for Saudi companies](https://www.growaxis.net/services/back-office-it-team-saudi-arabia) - [Odoo developers in Egypt](https://www.growaxis.net/services/odoo-developers-egypt) - [SAP outsourcing from Egypt](https://www.growaxis.net/services/sap-outsourcing-egypt) - [Egypt salary and employer cost calculator](https://www.growaxis.net/services/egypt-salary-calculator) - [Outsourcing to Egypt](https://www.growaxis.net/services/outsourcing-to-egypt) - [SNOOD: case study](https://www.growaxis.net/case-studies#snood) - [Read: What ERP costs a small company in 2026: Odoo, Zoho, Business Central and NetSuite](https://www.growaxis.net/insights/erp-cost-for-smes-2026) - [Read: Odoo or Zoho: choosing business software for a growing company in Egypt and the Gulf](https://www.growaxis.net/insights/odoo-or-zoho-egypt-gulf) - [Read: Employing people in Egypt in 2026: what a foreign company needs to know](https://www.growaxis.net/insights/employing-people-in-egypt-2026) - [Read: Cairo time difference in 2026: New York, London, Berlin, Riyadh and Dubai](https://www.growaxis.net/insights/cairo-time-difference-2026) ## Accounting outsourcing in Egypt: what founders ask first. - ### What does accounting outsourcing to Egypt cost? 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. - ### Which accounting systems does the team work in? Yours: Xero, QuickBooks, Zoho Books, Odoo, SAP or another, with the access you set. Your books stay in your system. - ### Does the team file our taxes? 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. - ### Who approves payments? 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. - ### Is Egyptian VAT added to 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 (PwC, reviewed 17 August 2026). - ### How are month-end peaks covered? 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. - ### Do we need a company in Egypt? No. GrowAxis employs the team in Egypt under its Labour Law 14 of 2025, so you need no entity, bank account or payroll there. ## 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. [Discover GrowCX](https://www.growaxis.net/engines/growcx) 30 minutes · Free · No pitch --- ## Contact GrowAxis - Email: contact@growaxis.net - Phone: +32 492 41 3612, +20 106 168 3566 - Offices: Uxbridge, United Kingdom & Cairo, Egypt - Profiles: https://www.linkedin.com/company/growaxis, https://www.instagram.com/growaxiss/, https://clutch.co/profile/growaxis, https://www.goodfirms.co/company/growaxis, https://www.sortlist.com/agency/growaxis, https://www.trustpilot.com/review/growaxis.net - The first step is a free 30-minute growth assessment: https://www.growaxis.net/#assessment