Egypt is a transcontinental nation crossing the northeast corner of Africa and the southwest corner of Asia, through an area extension structured by the Sinai Peninsula.
Egypt is a transcontinental nation crossing the northeast corner of Africa and the southwest corner of Asia, through an area extension structured by the Sinai Peninsula.
Egypt is a standout amongst the most crowded nations in Africa and the Middle East, and the fifteenth most populated on the planet. The immense populace of Egypt has given incredible open door to recently settle business ventures to get extraordinary interest for organizations’ items and administrations. The General Authority for Investment and Free Zones (GAFI) is the representative body for company formation in Egypt. Certain Industries has wholly foreign ownership in Egypt like mining, tourism, real estate, maritime transport, software design and electronic production.
Type | Limited Liability Company/Branch office |
---|---|
Under Egyptian law, foreigners can own | 100% |
Share Capital | Yes |
Manager | Minimum 1 resident manager required |
Shareholders | Minimum two shareholders of any nationality |
Memorandum and Articles of Association | Provided |
Can the entity hire expatriate staff in Egypt | Yes |
Secretary | No |
Tax Registration Certificate Required | Yes |
Statutory audit required | Yes |
How long to open Corporate Bank Account | 1 weeks |
Timeframe for Incorporation | 10 – 14 weeks |
Annual Return | Must be filed |
Annual Tax | Must be filed |
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© 2024 IMC Group. All Rights Reserved.