Investment in Egypt Archive - Youssry Saleh Law Firm

Investment in Egypt

Egypt: The new Public Contracts Law No. 182 of 2018

Egypt: The new Public Contracts Law No. 182 of 2018

Youssry Saleh & Partners   1 Nov 2018   491 Views

After being approved by the Egyptian Parliament, President Abdel Fatah El-Sisi has issued Law No. 182 of the year 2018 that regulates the contracts and agreements which are concluded by the Public Authorities in Egypt within the upcoming period that includes specific regulations that the General Authorities shall follow and apply.

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Environmental Impact Assessment System (EIA) Article

Egypt: Environmental Impact Assessment System (EIA)

Youssry Saleh & Partners   18 Feb 2019   77 Views

The Environmental Impact Assessment process is the process of assessing and evaluating the possible and potential environmental effects for a definite project, where such studies take place before the phase of the projects’ implementation in order to decide the best options to minimize the environmental impacts and hazards and to handle the negative aspects that are expected to happen before proceeding with the implementation step.

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Presidential Decree No. (420) of the year 2018

Establishing the Russian Industrial Zone (RIZ) in the Suez Canal

Youssry Saleh & Partners   11 Feb 2019   199 Views

Presidential Decree No. (420) of the year 2018

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The New Bankruptcy Law and its Effects in Egypt

The New Bankruptcy Law and its Effects in Egypt

Youssry Saleh & Partners   7 Feb 2019   163 Views

The Egyptian Government set a new business plan of investments in Egypt which should encourage the local and the foreign investors by issuing the New Bankruptcy Law No. 11 of the year 2018.

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GAFI: The latest decisions issued to develop procedures for investors in Egypt

Omaima Fawzy   6 Feb 2019   209 Views

In light of the remarkable development in the climate of investment in the Arab Republic of Egypt, which is working to attract investments, through establishing of companies and branches of companies and representative offices of major foreign companies, which led to the Minister of Investment and International Cooperation HE Sahar Nasr to issue numerous decisions and circulars to facilitate procedures for investment and assistance in the completion of services related to investors in the least time.

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Compensation according to Egyptian Laws-Youssry Saleh & Partners

Compensation according to Egyptian Laws

Youssry Saleh & Partners   4 Feb 2019   171 Views

High volume of daily commercial transactions in the economic environment globally and locally requires protection by the law to the interest of damaged parties due to breaching of agreements concluded between them. Therefore, the Egyptian Law defined that civil liability as the obligation to compensate for the damage caused by a breach of the original obligation, the original obligations arising from the contract, and others from the law.

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Egyptian Law: Collateral Securities

Youssry Saleh & Partners   10 Jan 2019   163 Views

The Egyptian legislator regulated the mortgages to be an insurance for the creditors’ interest through the Egyptian Civil Code, Trade Law, and the Movable Securities Law.

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Incorporation of Branch Office in Egypt

Omaima Fawzy   8 Jan 2019   181 Views

Pursuant to the Egyptian Company Law No.159 of the year 1981 and its Executive Regulations as amended by Law No.4 of the year 2018, and chapter No. 6 of this law set forth the basic rules and legal framework for the incorporation of branches of foreign companies in the Arab Republic of Egypt, as well as the documents and procedures to be followed for the purpose of incorporation of branches

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Egypt:Importing of materials & equipment for projects

Youssry Saleh & Partners   8 Dec 2018   303 Views

Egypt’s strategy 2030 is a Sustainable Development Strategy which requires development in all aspects to maximize competitive advantage in order to achieve well-being, production, prosperity, success, and interest.

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SME Financing in Egypt

SME Financing in Egypt

Yulia V. Akinfieva, M.B.A,LL.M.   28 Nov 2018   185 Views

Although the lending activity in Egypt has been growing, Egyptian banks continue to enjoy ‘large financial flexibility as the credit facilities to deposits ratio remains low at a mere 42%’[1]. This figure is partially due to the fact that a minor portion of retail and corporate bases ‘actually have a creditor/debtor bank account’[2].

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Split-up of Companies in Egypt-Youssry Saleh law Firm

Split-up of Companies in Egypt

Omaima Fawzy   17 Nov 2018   305 Views

Pursuant to the new Egyptian Company Law No.4 of the year 2018 and its Executive Regulations No.16 of the year 2018 on the amendments of certain Executive Regulation provisions of Joint Stock Companies, Partnerships Limited by Shares and Limited Liability Companies Law No.96 of the year 1982;

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Egypt: Liabilities of Shareholders and Directors

Youssry Saleh & Partners   29 Oct 2018   292 Views

The companies, its shareholders, directors and partners are regulated in Egypt by the Companies Law No.159 of the year 1981, it’s executive regulations and amended provisions of Law No.4 of the year 2018.

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Importing Medical Devices in Egypt

Importing Medical Devices in Egypt

Youssry Saleh & Partners   23 Sep 2018   430 Views

Medical Devices are used in the healthcare for the diagnosis, prevention, monitoring or treatment of illness or disability. The Egyptian Ministry of Health (MOH) is responsible for the registration and approvals of medical devices in Egypt through the Drug Policy and Planning Center (DPPC) and the Central Administration of Pharmaceutical Affairs (CAPA) which also regulates the importation and manufacture of medical devices.

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Media Law in Egypt The New Developments Youssry Saleh Law Firm

Media Law in Egypt: The New Developments

Youssry Saleh & Partners   25 Jul 2018   509 Views

Recently, the Egyptian media has faced challenges directed to its freedom and independence as a result of the vague legislations and the regulatory framework that lacks the definition and determination of the public and private media, where such regulatory framework is considered as a pressure on the Egyptian media. 

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Tax Disputes Resolution in Egypt

Tax Disputes Resolution in Egypt

Youssry Saleh & Partners   25 Jul 2018   542 Views

The Egyptian Parliament approved extending the Tax Dispute Resolution Law No.79 of the year 2016 for the upcoming two years. Such legislation was one of the most critical and important demands in the tax community,where it was issued to ease the process of Tax Dispute Resolution between the Financier and the Egyptian Tax Authority and to accelerate the lengthy tax dispute process, removing cases from court and allowing settlement by committees headed by experts who do not work for the Tax Authority.

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Compensation of Agents in Egyptian Law

Compensation of Agents in Egyptian Law

Youssry Saleh & Partners   7 Jul 2018   653 Views

Commercial Agency Contract is considered to be one of the most common contracts in the commercial area. Such contracts are governed in Egypt by Law No. 120 of the year 1982 (and the Ministry of Economy’s Decision No. 342 of 1982).

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New Decree Regulating Representative Offices in Egypt

Youssry Saleh & Partners   7 Jul 2018   268 Views

According to Egypt’s Company Law, the purpose of the foreign representative office is to study the markets and the possibilities of production, without any commercial activities including the activity of the commercial agents, and it shall be closed after completion of the study process. The beneficiaries in this case are the foreign companies.

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Land-Allocation-according-to-the-New-Investment-Law-in-Egypt

Land Allocation according to the New Investment Law in Egypt

YOUSSRY SALEH   4 Jul 2018   374 Views

The new investment law in Egypt laid down the basic conditions for the allocation of lands to investors with obliging the concerned authorities (concerned ministries) to provide lands for investment and to notify the General Authority for Investment to include these lands in the investment map. The investment map shall involve the specification of the nature, system and conditions of the investment, as well as its geographic regions and sectors. It shall also specify the real state-owned properties or other public legal persons designated for investment, and the system and manner of disposition thereof according to the type of investment system.

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Restrictions on Foreign Investment in Egypt-Youssry Saleh Law Firm in Egypt

Restrictions on Foreign Investment in Egypt

Youssry Saleh & Partners   3 Jul 2018   644 Views

Nowadays, foreign investment in Egypt is becoming easier, and is being facilitated by the new Investment Law No.72 of the year 2017(hereinafter referred to as the Investment Law) offers guarantees, simpler procedures, as well as incentives that include tax breaks and trims customs duties.

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Procurement of Public Contracts projects in Light of Egyptian Laws

Procurement of Public Contracts projects in Light of Egyptian Laws

Youssry Saleh & Partners   2 Jul 2018   531 Views

Awarding Public contracts in Egypt is not specified by a certain law, nevertheless, the Egyptian Constitution has set a general principal that it is prohibited to dispose any of the State’s public property. However, disposing of the State’s private property, and public utility concessions are allowed in accordance with the laws promulgated in this regard. The main laws regulating the award of public contracts are:

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Anti-Cyber and Information Technology Crimes law in Egypt

Anti-Cyber and Information Technology Crimes law in Egypt

Youssry Saleh & Partners   2 Jul 2018   499 Views

Egypt used to govern technology crimes and cybercrimes by some provisions in Civil and Criminal laws. Finally, a new Law No. 175 of the year 2018 regarding anti-cyber and information technology crimes was published on Saturday 18/8/2018 by the official Egyptian Gazette following its ratification.

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