Investment in Egypt Archive - Youssry Saleh Law Firm

Investment in Egypt

Note on the New Egyptian Investment law

admin   30 Jul 2017   353 Views

The long-waited New Egyptian Investment Law No. 72 of the year 2017 was finally passed by the Parliament and issued by the President, this law is expected to attract the investors for the incentives, guarantees, facilitations and advantages provided for in it.

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Indirect business activity in Egyptian Market

admin   24 Jun 2016   890 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   1149 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   9045 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   1539 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   530 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   2416 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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The Transfer of Technology Contract in the Egyptian Law: The Governing Rules

The Transfer of Technology Contract in the Egyptian Law: The Governing Rules

YOUSSRY SALEH   9 Oct 2017   91 Views

The Transfer of Technology Contract is one of the contracts which are included in the Egyptian Commercial Law No. 17/1999, due to the new era of significant expansion in the field of technology contracts and the legal issues that face the transfer of technology processes at the international level as a result of the conflict of interests between the parties of these processes.

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Maritime Collision in the Egyptian Law

YOUSSRY SALEH   16 Sep 2017   200 Views

Collision is a maritime danger that frequently occurs especially after the increase of the number of ships sailing in the seas, multiplication of their velocities and unification of navigation lines. Such leads to mass damages to persons and properties.

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Factory Registration in Egypt

Hagar El-Ansari   22 Dec 2016   841 Views

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

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Liquidation of Entities in Egypt

Liquidation of Entities in Egypt

admin   4 Oct 2016   556 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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Obtaining a work Permit in Egypt

admin   10 Aug 2016   1078 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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Commercial Agency Law of Egypt

admin   10 Aug 2016   205 Views

Foreign companies or establishments may not establish scientific, technical, consulting or other services unless they have a commercial agent in Egypt in accordance with the Egyptian laws and regulations. Such companies and establishments can carry out any act of commercial agency or mediation only through a registered agent or commercial intermediary.

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FIDIC Contracts in Egypt

Sara Al Noamany   25 Jul 2016   985 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   249 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   604 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   712 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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Banking laws in Egypt

Merna G. Saad   10 Jul 2016   394 Views

Banking industry in Egypt is one of the oldest and largest industries in the region that plays a critical role in the development process in Egypt. It has been expanded by the “Open Door Policy”, adopted in the mid-seventies when foreign banks were allowed to proceed with their work in Egypt, aiming the analytical growth with an effective role for the private sector in promoting the economic performance. In order to achieve the goals of this policy, the banking law was published, stating the nature and operation of the three types of banks:

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Litigation and enforcement of Judgments in Egypt

admin   10 Jul 2016   582 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   861 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   1086 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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