Limited partnership by shares is very similar to the joint stock company with the exception that at least one of the founders has limited liability.
Some restrictions also apply such as prohibition from operating in the field of insurance, banking sector, investment on behalf of third parties. Therefore, prior understanding of the legal structure is important. Youssry Saleh & Partners lawyers in Egypt help clients in the incorporation of their Limited Partnerships in Egypt
According to the Commercial Law, the foreign entity can partake as a limited partner in limited partnerships incorporated under the Egyptian law.
Accordingly, certain policies and regulations shall be relevant:
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