Investment in Egypt Archive - Youssry Saleh Law Firm

Investment in Egypt

Indirect business activity in Egyptian Market

admin   24 Jun 2016   747 Views

This section discusses the case of foreign entities marketing their products to Egypt directly without the requirement of business entity incorporation in Egypt but with the help of certain form of representation.

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Investment in Egypt

admin   24 Jun 2016   985 Views

Legal Framework :Post 25th of January, 2011 Revolution Direction following Revolution of 25th of January, 2011, Egypt has been heading towards the future in a slightly different track. Political and economic distress has led to significant changes

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Egyptian Labor Law

admin   24 Jun 2016   6734 Views

Governing Laws and Decrees :Employment matters in Egypt are primarily regulated by the following legislative sources:

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Taxation in Egypt

admin   24 Jun 2016   1375 Views

Tax system :As a result of enactment of the Tax Law 91 for the year 2005, and its amendment by the Presidential Decision No. 96 for the year 2015, the taxation system in Egypt has been transformed. Mainly, for today two types of taxes apply:

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Investment Guarantees and Incentives

admin   24 Jun 2016   457 Views

In general  : Business entities in Egypt that have been incorporated after the enactment of the Law 8 of 1997 enjoy further guarantees and incentives.

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Import and Export in Egypt

admin   24 Jun 2016   1834 Views

Import :Import is strictly regulated by the Egyptian government permitting Egyptian nationals only and fully owned and managed Egyptian companies to import into Egypt. For importation into Egypt for the purpose of trade, companies/individuals should register with the Register of Importers.

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Liquidation of Entities in Egypt

Liquidation of Entities in Egypt

admin   4 Jun 2017   388 Views

The liquidation of companies in Egypt is governed by the Egyptian Companies Law. No. 159/1981[1], the law governs all the aspects of the companies’ liquidation including the reasons of liquidation, status of the company under liquidation, the appointment of the liquidator, responsibilities of the liquidator and revocation of the liquidator.

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Factory Registration in Egypt

Hagar El-Ansari   22 Oct 2016   718 Views

The Minister of Trade and Industry has reviewed certain Laws and Decrees which are:

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import and export in Egyt

Difficulties in GOEIC Registration in Egypt

Abeer Abou Zeid   22 Oct 2016   283 Views

The new ministerial decrees 991/2015 and 43/2016 issued by the Minister of Trade introduced  new measures concerning the registration and certification requirements of the qualified factories/companies which export their products to Egypt. According to the above-mentioned decrees any foreign factory or company, which exports any of the regulated products is obliged to submit the requested documents (after translating into Arabic and legalizing up to the Egyptian consulate in the exporting country) to the General Organization for Import and Export Control (GOEIC). Such measures represent some difficulties to foreign companies exporting to Egypt due to the complexity of the process. Further, failure in submitting the right authorized documents  leads to the rejection of the factory/company file by GOEIC. This article aims to highlight some difficulties that face foreign companies in the registration process.

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Authentication and Document Legalization in Egypt

Authentication and Document Legalization in Egypt

admin   13 Aug 2016   727 Views

Many Egyptians living and working abroad are facing challenges regarding authentication and documents’ legalization in Egypt. The challenges that mainly face Egyptians are the process of authentication and legalization of their documents in the Egyptian Authority and embassies in Egypt.

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Work permit in Egypt

Obtaining a work Permit in Egypt

admin   10 Aug 2016   807 Views

Throughout 30 years of experience in providing clients with immigration services in Egypt we found that many foreigners and companies are facing many issues in obtaining work permit in that’s due to the complicated process of receiving work permit in Egypt and involvement of numerous authorities.

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FIDIC Contracts in Egypt

Sara Al Noamany   25 Jul 2016   834 Views

The term FIDIC stands for the International Federation of Consulting Engineers, FIDIC was established in 1913, headquartered in Genève, and is aimed at finding a resolution in construction sector.

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Maritime Insurance In Egypt

Merna G. Saad   21 Jul 2016   136 Views

As with any other commercial activity, maritime insurance has an essential role in the overseas trade that involves transportation of goods from one country to another via ships, this type of insurance covers perils of the sea including the loss of ships, cargo, terminals and any transport or property by which the cargo is transferred.

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Commercial Contracts in Egypt

Commercial Contracts in Egypt

Abeer Abou Zeid   18 Jul 2016   465 Views

Usually within the drafting process parties may neglect that a dispute may arise in the future regarding, for example, the validity of the contract, at this moment many questions can arise; what is the law governing this contract? To any jurisdiction parties will refer their dispute to? What will be the method of settlement in case the dispute arises?  These clauses are very important clauses to be taken into account when drafting a contract to avoid legal uncertainty. In this article, it is briefly discussed what is meant by those clauses and how to be included into the contract.

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Egypt: Value Added Tax (VAT) Law

Abeer Abou Zeid   15 Jul 2016   453 Views

On 5th of September 2016, the new Value Added Tax (VAT) Law in Egypt has been promulgated and published in the Official Gazette entering into effect on 8th of September 2016. The new Law no. 67 of year 2016 replaces the General Sales Tax (GST) Law no. 11 of year 1991 and any other legal provision contradicting with the new law shall be annulled.

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Litigation and enforcement of Judgments in Egypt

admin   10 Jul 2016   415 Views

The Egyptian legal system is greatly influenced by the French Civil Code System. The main comprehensive code in Egypt is the Civil Code No. 131 for the year 1948 that covers vast types of transactions between individuals including personal rights, contracts, obligations and torts.

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Business Incorporation in Egypt

admin   9 Jul 2016   657 Views

Foreign enterprises wishing to conduct business in Egypt may enter the Egyptian market by establishing a permanent legal structure. Foreign investors are permitted to establish various types of entities by the Egyptian law. These entities may have either permanent presence as Limited Liability Companies and Joint Stock Companies or temporary presence as Foreign Branch Offices and Foreign Representative Offices. Generally, investment in Egypt is subject to the Egyptian Corporate Commercial Law, however, if the entity invests in certain fields, it might obtain benefits from the Egyptian Investment Law.

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Franchising in Egypt

Mayar Rashed, LL.M   9 Jul 2016   893 Views

A franchise agreement is the agreement concluded between a seller “Franchisor” and the buyer “Franchisee” by which the franchisor allows the franchisee to use its trade mark and provides him with the knowhow and the manual book of business (the rules, steps and manuals to run the business), while the franchisor is not liable for the franchisee’s illegal acts or conducts.

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Investment Decisions on the export councils

admin   24 Mar 2016   268 Views

Al Waqa’ea Al Misreya – No. 83 Cont. (A) on 19th April 2014 Ministry of Trade, Industry and Investment Decision No. (267) for 2014 (councils of small exporters and innovated exports)For reformation of the exportation councils for non-traditional exports

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Decision pertinent to labor

admin   24 Mar 2016   205 Views

Al Waqa’ea Al Misreya – No. 92 on 22nd April 2014 Ministry of Manpower and Immigration Decision No. 127 for 2014 Minister of Manpower and Immigration Regarding disposition of the collection of pecuniary penalties imposed on workers

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the System of the Suez Canal Authority

admin   24 Mar 2016   227 Views

Official Gazette – No. 18 Bis (B) on 6th May 2014 The Presidential Decision by the Law No.34 for the year 2014 of the  System of the  Suez Canal Authority system Regarding the amendment of some Provision for the  Law No. 30 for the year 1975

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