{"id":9395,"date":"2021-11-19T11:46:02","date_gmt":"2021-11-19T11:46:02","guid":{"rendered":"https:\/\/niir.org\/blog\/?p=9395"},"modified":"2021-11-20T05:20:11","modified_gmt":"2021-11-20T05:20:11","slug":"guide-setting-business-egypt-must-read","status":"publish","type":"post","link":"https:\/\/www.niir.org\/blog\/guide-setting-business-egypt-must-read\/","title":{"rendered":"Guide to Setting up A Business in Egypt: A Must-Read"},"content":{"rendered":"<blockquote class=\"pullquote align-center\">\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87_1 counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.niir.org\/blog\/guide-setting-business-egypt-must-read\/#Guide_to_Setting_up_A_Business_in_Egypt_A_Must-Read\" >Guide to Setting up A Business in Egypt: A Must-Read<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.niir.org\/blog\/guide-setting-business-egypt-must-read\/#The_Main_Features_of_each_kind_are_as_follows\" >The Main Features of each kind are as follows:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.niir.org\/blog\/guide-setting-business-egypt-must-read\/#Joint_Stock_Company_JSC\" >Joint Stock Company (JSC):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.niir.org\/blog\/guide-setting-business-egypt-must-read\/#Limited_Liability_Company_LLC\" >Limited Liability Company (LLC):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.niir.org\/blog\/guide-setting-business-egypt-must-read\/#To_start_a_company_in_Egypt_the_following_documents_are_required\" >To start a company in Egypt, the following documents are required:<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.niir.org\/blog\/guide-setting-business-egypt-must-read\/#AD_20Art21\" >AD_20Art21<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h4 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Guide_to_Setting_up_A_Business_in_Egypt_A_Must-Read\"><\/span><span style=\"color: #ff00ff;\"><strong>Guide to <em>Setting up A Business in Egypt<\/em>: A Must-Read<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/blockquote>\n<p><a href=\"https:\/\/www.entrepreneurindia.co\/blog-description\/11371\/\"><span class=\"dropcap \" style=\"background-color: #ffffff; color: #000000; border-color: #ffffff;\"><span style=\"color: #0000ff;\">E<\/span><\/span><span style=\"color: #0000ff;\">gypt<\/span><\/a> is one of the best places to start or expand your business. Regulations and <strong>business law in Egypt<\/strong> promote inward investment and start-ups, ease transitions, stimulate commerce, and show no bias against firms with offices abroad. In fact, Egyptians are proactive in understanding the special needs of foreign firms and expatriate workers.<\/p>\n<p>The process of setting up a <strong>business in Egypt <\/strong>is quite simple. In Egypt, foreign companies and individuals can operate through a subsidiary, partnership, or branch (i.e., an incorporated or unincorporated entity). Individuals and legal entities engaged in commercial activities must register with the local chamber of commerce\u2019s Trade Registry to conduct business.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Visit this Page for More Information: <\/strong><span style=\"color: #00ffff;\"><a style=\"color: #00ffff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/egypt\/\"><strong>Start a Business in Egypt<\/strong><\/a><\/span><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>No matter what type of business you plan to start, you will have to register it with the General Authority for Investment (GAFI). The main GAFI office is located in Nasr City, Cairo, but other branches are located in Ismailia, Assiut and Alexandria.<\/p>\n<p>Egypt&#8217;s General Authority for Investment and Free Zones is the primary regulatory body responsible for overseeing the establishment of the most common <strong>types of companies in Egypt<\/strong>. From the day of the company\u2019s establishment until its dissolution, Companies Law No. 159 of 1981, New Investment Law 72 of 2017 and the Capital Market Law, along with their executive regulations, govern and manage the company.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Watch Video: <\/strong><span style=\"color: #00ffff;\"><a style=\"color: #00ffff;\" href=\"https:\/\/youtu.be\/EW19-Un5MJE\"><strong>Egypt- Best Business Opportunities, Identification and Selection of right Project.<\/strong><\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><em>According to Law No. 159 of 1981, numerous <strong>types of companies in Egypt <\/strong>can be formed. However, the most popular legal forms used by investors in Egypt are;<\/em><\/p>\n<p>(i) Joint Stock Company (JSC)<\/p>\n<p>(ii) Limited Liability Company (LLC)<\/p>\n<p>(iii) Branch of a Foreign Company<\/p>\n<p>(iv) One Person Company<\/p>\n<p>(v) Representative office.<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"The_Main_Features_of_each_kind_are_as_follows\"><\/span><strong>The Main Features of each kind are as follows:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><strong>Branch:<\/strong><\/p>\n<ul>\n<li>An Egyptian branch of a foreign company may only carry out construction works or other contractual obligations if the company concludes a contract with any Egyptian entity, be it the Egyptian government, the public sector, private companies, etc.<\/li>\n<li>Although the branch can carry out commercial, financial, industrial, and contractual activities, it can only carry out the activities stated in its contract in Egypt, so the branch is treated as an Egyptian company for all purposes except corporate governance.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Related Feasibility Study Reports: <\/strong><span style=\"color: #00ffff;\"><a style=\"color: #00ffff;\" href=\"https:\/\/niir.org\/profile-project-reports\/profiles\/investment-opportunities-business-ideas-in-egypt-identification-selection-right-project-thrust-areas-for-investment-industry-startup-entrepreneurship-projects\/z,,c2,0,a\/index.html\"><strong>Investment Opportunities &amp; Business Ideas in Egypt- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects<\/strong><\/a><\/span><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Registration:<\/strong><\/p>\n<p>A foreign company engaging in any commercial, financial, industrial or contracting activity in Egypt must register as a branch with the Commercial Registry and General Authority for Investment and Free Zones.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Joint_Stock_Company_JSC\"><\/span><strong>Joint Stock Company (JSC):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>A joint-stock company in Egypt can be a closed company or a listed company, with the liability of its partners limited to the value of their shares.<\/li>\n<\/ul>\n<p><strong>Registration:<\/strong><\/p>\n<ul>\n<li>A joint-stock company must be registered with the <strong>commercial registry authority Egypt<\/strong>, and it is supervised by GAFI.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Read our Books Here: <\/strong><span style=\"color: #00ffff;\"><a style=\"color: #00ffff;\" href=\"https:\/\/niir.org\/books\/books\/startup-books-for-entrepreneurs-small-scale-industry-ssi-business-ideas-hi-tech-projects-self-employment-women-entrepreneurship-home-businesses-profitable-small-cottage-industries-books-on-startup-business-plan\/z,,a,28,0,a\/index.html\"><strong>Startup Books for Entrepreneurs, Small Scale Industry (SSI) Business Ideas, Hi-Tech Projects, Self-Employment, Women Entrepreneurship, Home Businesses, Profitable Small &amp; Cottage Industries, Books On Startup Business Plan<\/strong><\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Limited_Liability_Company_LLC\"><\/span><strong>Limited Liability Company (LLC):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Egypt\u2019s limited liability companies are closed companies where the partners are liable only for the value of their shares in the company.<\/p>\n<p><strong>Registration:<\/strong><\/p>\n<ul>\n<li><strong>GAFI Egypt <\/strong>supervises and inspects limited liability companies, which are registered in the Commercial Registry.<\/li>\n<\/ul>\n<p><strong><em>One Person Company in Egypt<\/em><\/strong><strong>:<\/strong><\/p>\n<ul>\n<li>A-One Person Company is owned by one person, whether natural or juristic, that focuses on the purpose for which it was established, and the founder shall not be liable for the company\u2019s obligations except to the extent of the allocated capital.<\/li>\n<\/ul>\n<p><strong>Representative Offices:<\/strong><\/p>\n<ul>\n<li>It is permitted for foreign companies to establish representative offices, scientific or technical offices, and other offices to conduct market surveys and study production feasibility without engaging in any commercial operations or commercial agency activities.<\/li>\n<\/ul>\n<p><strong>Registration:<\/strong><\/p>\n<ul>\n<li>Foreign companies can register their representative office under the Companies Law or the Commercial Agencies Law, which require the company to submit an application to the Companies Department of the General Authority for Investment and Free Zones.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Other Informative Videos: <\/strong><span style=\"color: #00ffff;\"><a style=\"color: #00ffff;\" href=\"https:\/\/youtube.com\/playlist?list=PL61bSU5tvb-VkieWpYtU4Bm3_60PokVsx\"><strong>Business Ideas for Startups<\/strong><\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"To_start_a_company_in_Egypt_the_following_documents_are_required\"><\/span><strong>To <em>start a company in Egypt<\/em>, the following documents are required:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>An authenticated Non-confusion certificate, obtained from the <strong>commercial registry authority Egypt<\/strong> (This can be found at the web site of GAFI, <span style=\"color: #00ffff;\"><a style=\"color: #00ffff;\" href=\"http:\/\/www.gafi.gov.eg\">http:\/\/www.gafi.gov.eg<\/a> <\/span>),<\/li>\n<li>A certificate of depositing capital in a bank,<\/li>\n<li>Copies and the original of a power of attorney for review,<\/li>\n<li>A copy of the partners\u2019 and Egyptian managers\u2019 IDs (passports for foreign nationals),<\/li>\n<li>Auditor account\u2019s original copy, etc.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #00ffff;\"><a style=\"color: #00ffff;\" href=\"https:\/\/niir.org\/\"><strong><em><span class=\"dropcap \" style=\"background-color: #ffffff; color: #000000; border-color: #ffffff;\"><span style=\"color: #00ffff;\">N<\/span><\/span>IIR PROJECT CONSULTANCY SERVICES (NPCS)<\/em><\/strong><\/a><\/span><strong><em> is a reputable brand for providing advanced strategic consultancy services. Its various services are: Pre-feasibility study, New Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Preparation of Project Profiles \/ Pre-Investment and Pre-Feasibility Studies, Market Surveys \/ Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant \/Process \/ Equipment, General Guidance, Technical and Commercial Counseling for setting up new industrial projects.<\/em><\/strong><\/p>\n<h6 style=\"text-align: right;\"><span class=\"ez-toc-section\" id=\"AD_20Art21\"><\/span><strong><em>AD_20Art21<\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>&nbsp;<\/p>\n<p><strong>See More Links:<\/strong><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/business-opportunities-in-asian-countries\/\"><strong>Start a Business in Asia<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/opportunities-in-potential-countries-for-doing-business\/\"><strong>Start a Business in Potential Countries for Doing Business<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/best-industry-for-doing-business\/\"><strong>Best Industry for Doing Business<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/business-ideas-with-low-medium-high-investment\/\"><strong>Business Ideas with Low, Medium &amp; High Investment<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/most-demandable-business-ideas-for-startups\/\"><strong>Looking for Most Demandable Business Ideas for Startups<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/business-opportunities-in-africa\/\"><strong>Start a Business in Africa<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/business-opportunities-in-india\/\"><strong>Start a Business in India<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/page\/business-opportunities-in-middle-east\/\"><strong>Start a Business in Middle East<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.youtube.com\/c\/NIIRproject\/playlists\"><strong>Related Videos<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/books\"><strong>Related Books<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/project-and-profile\"><strong>Related Projects<\/strong><\/a><\/span><\/p>\n<p><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.entrepreneurindia.co\/market-research-report\"><strong>Related Market Research Reports<\/strong><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Guide to Setting up A Business in Egypt: A Must-Read Egypt is one of the best places to&hellip;","protected":false},"author":1,"featured_media":9396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":26,"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","footnotes":""},"categories":[38,39],"tags":[12479,12480,12481,12482],"industry":[12478],"class_list":["post-9395","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business-ideas-for-overseas","category-business-opportunities","tag-businessinegypt","tag-egyptbusiness","tag-egyptbusinessopportunities","tag-egyptianbusiness","industry-business-opportunity-in-middle-east-countries","cs-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Guide to Setting up A Business in Egypt: A Must-Read<\/title>\n<meta name=\"description\" content=\"In this article NPCS provides information 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