First Remote Job - How do I handle taxes via Deel?
Hi guys!
So landed my first remote job! Full-time employee not a contractor.
However, I'll need to sign with Deel as my Employer of Record.
From my understanding, I'll receive monthly payments in EGP directly to my bank account. Not withdrawing from an international "Wallet" for example.
Do they deduct taxes/social insurance etc. or do I need to manage it? How about currency exchange rate?
And from my research, I am in the 27.5% tax bracket, which makes a contractor/free-lancing position with 10% taxes much better no? According to this thread, I do consulting/development, so not selling a product with 14% VAT.
What's objectively the best option for me here? Anyone in a similar situation?
Posted Jul 30, 2026, 2:06 PM UTC
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