The Golden License For New Green Energy Project
The Golden License framework in Egypt has been introduced by virtue of Article No. (20) Of the Investment Law No. 72 of 2017 and Articles (42 and 43) of its Executive Regulations in order to support strategic projects aimed at securing supply of essential goods, reducing imports, and promoting domestic labor-intensive initiatives. The framework offers streamlined licensing and incentives for projects that contribute to sectors such as electricity and renewable energy, agriculture, environment,...
Amendments Of The Investment Law
The Prime Minister issued Executive Regulation No. 1203 of the year 2024 to amend some provisions of the final regulations of Investment Law No. 72 of 2017 to define the text of the second paragraph of Article (10) and the texts of Articles (41), (42) and (43) of the aforementioned Investment Law with the aim of increasing and expanding projects and facilitating the licensing of investment activity. The ministerial authority has approved the expansion of the scope of the golden license to all...
Waste Recovery and Import/Export Procedures
Egypt's efforts to improve its waste management practices received a major boost with the passing of Law 202 of Year 2020. Articles 3 and 4 of the aforementioned law establishes an authority called “Waste Management Regulatory Authority” (WMRA), this agency aims to “organize, follow up, monitor, evaluate and develop everything related to integrated waste management activities, attract and encourage investments in the field of integrated waste management activities to ensure the...
Transportation Using Information Technology’s Responsibilities and Liabilities
The ubiquity of technology in modern life has significantly impacted various aspects of our daily routines, including transportation. The emergence of smart transportation applications has aimed to provide convenient and efficient mobility solutions, catering to the needs of users. These applications have gained popularity in Egypt by offering an alternative to traditional means of transportation, with the promise of enhanced supervision and safety measures. However, the quality of the...
The Amendment On The Executive Regulations Of The Non- Competition Law
The Prime Minister’s Decision No. 1120 of 2024 amending some provisions of the Executive Regulations of the Non- Competition Law and the Monopolistic Practices. In a significant development for competition policy in Egypt, the legislator recently introduced amendments by virtue of the Prime Minister’s Decision No. 1120 of the year 2024 to the Executive Regulations of the Competition Protection and Anti-Monopolistic Practices Law No. 1316 of 2005. A key focus of these changes is...
Bullying and Its Negative Impact On Egyptian Society
In recent years, the issue of bullying has emerged as a growing concern in Egyptian society, with alarming increases in incidents reported across various sectors, including schools, universities, and the workplace. This alarming trend has necessitated a closer examination of the criminal nature of bullying and the legal measures in place to address this pervasive problem. The Egyptian Penal Code has taken a proactive stance in defining and combating the crime of bullying. The Egyptian law...
Restrictions And Conditions For Establishing A Tourist Facility
The Hotel and Tourist Establishments Law promulgated by Law No. 8 of 2022 is considered the beginning of a new start for the tourism sector in Egypt. This law is a great incentive for investors, as it has many positive aspects in working to overcome obstacles that hinder tourism activity and supervising coordination between all governmental organizations agencies directly or indirectly related to it. The new law aims to organize and facilitate the procedures for obtaining a license for hotel...
Attractive Elements For Tourism Investments In Egypt
Egypt's tourism industry has long been a cornerstone of its economy, and the country continues to offer a wealth of opportunities for both domestic and international investors. As the sector rebounds from recent challenges, several key elements make Egypt an attractive destination for tourism-related investments. Egypt offers a unique and diverse array of tourist attractions that cater to a wide range of travelers, from iconic landmarks like the Pyramids of Giza and the Valley of the Kings...
Investment Funds in Egypt
Egypt has a growing investment fund industry that has seen significant expansion in recent years. The primary piece of legislation that regulates Investment Funds in Egypt is the Capital Market Law No.95 of the Year 1992 and it’s Executive Regulation No.135 of the Year 1993. The Egyptian Financial Supervisory Authority (FRA) regulates and oversees the country's investment fund sector. The regulatory framework of the law aims to provide investor protection, promote...
Egypt: Pre-closing Merger Control Regime
The Prime Minister’s Decision No. 1120 of 2024 amending some provisions of the Executive Regulations of the Non- Competition Law and the Monopolistic Practices. Read more...
VAT in Egypt For Foreigners : A Comprehensive Guide
Intro Nowadays, Egypt runs multiple international projects with direct foreign investments. To fulfill these projects, foreign companies register branches in ARE under intergovernmental agreements, concession agreements, and other contracts with specific tax incentives. Most tax exemptions are applied to indirect taxes, such as VAT. In this case, a lot of companies pay VAT on incoming invoices and, therefore, show a credit VAT balance in their VAT tax returns. To successfully...
Overview of Law governing Non-Governmental Organizations in Egypt
Egyptian government ratified the bylaws of the new law regarding NGOs after the Law No.70 of 2017 was heavily criticized for imposing hefty restrictions on the work on thousands of NGOs operating within Egypt. Read more...
Egypt: New Import Regulations-A Legal Analysis of Law No. 173 of 2023
Facilitating foreign investment in Egypt by issuing a new import regulations: A Legal Analysis of Law No. 173 of 2023: In a significant move to bolster economic development and attract foreign investors, the Egyptian government has introduced Law No. 173 of 2023, amending certain provisions of Act No. 121 of 1982 concerning the Importers' Registry. This amendment marks a pivotal shift in the country's investment landscape, removing a major hurdle for foreign companies seeking to engage in...
Safety Regulations and Criteria for Swimming Pools & Water parks in Egypt
Water parks and swimming pools are well-liked recreational facilities that offer a refreshing escape from Egypt's scorching temperatures, however, they also present potential safety risks, especially for young children and those who are not proficient swimmers. To safeguard the well-being of its citizens, Egypt has established a set of regulations guidelines, and criteria for the operation of swimming pools. Nonetheless, some facilities operating swimming pools do not follow those set of...
FIDIC Contracts Arbitration
FIDIC is an international professional organization which stands for International Federation of Consulting Engineers. FIDIC develops and publishes standard forms of contracts for use in the construction industry, which are commonly used in international construction projects and are known for their practicality. Read more...
Advertising Agencies in Egypt: governing laws and restrictions
Advertising is a key aspect of any business, as the primary goal of any business is to increase its customer reach, increase sales, demand and gain a competitive advantage. Therefore, advertising plays a vital role in achieving these objectives both aspects involve identifying, predicting, and meeting customer needs. Read more...
Egypt: Global Subsidiary Services and Management
Multinational enterprises (MNEs) operating across borders find themselves navigating a complex legal and regulatory landscape. Establishing and managing subsidiaries in diverse jurisdictions presents a multitude of challenges, from ensuring compliance with local laws to maximizing operational efficiency. This is where global subsidiary services come in, offering specialized support in navigating the labyrinthine world of international business. Read more...
Competition Litigation in Egypt
The Egyptian government is attempting to enhance market security and the best worldwide commercial practices, as this will aim to attract national and foreign investors, and the political establishment realized that free-market competition is critical and is the key to this strategy. Read more...
Establishing a Project in the Suez Canal Economic Zone (SCZone)
The Suez Canal Economic Zone (SCZone), a strategic economic hub in Egypt, offers a plethora of opportunities for businesses seeking to expand their operations and tap into the region's dynamic growth. To establish a project in the SCZone, investors can capitalize on a range of privileges and incentives while exploring diverse industries that align with the zone's strategic focus. Read more...
Online medical consultations in Egypt
Telemedicine, the practice of healthcare delivery using telecommunications technology, has revolutionized the way medical services are provided, offering convenience and accessibility to patients worldwide. However, the legal implications of cross-border telemedicine remain complex, particularly in Egypt where telemedicine is still in its nascent stages. Read more...
Property Tax Payment in Egypt
Pursuant to the Egyptian Property Tax Law, the real estate tax is imposed on all constructed properties situated on Egyptian land, excluding those exempted from taxation. Read more...