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Business Set Up in Egypt

Egypt has miraculously transformed itself from a nation struggling with political and civil unrest to a rapidly growing economy. It offers investment opportunities in various sectors. However, the business environment is still complex which requires help from experts in the field to guide you in setting up business in Egypt. Enterslice is here to assist you in your business expansion.

Benefits of Doing Business in Egypt

 

Positive outlook aided by FDI and infrastructure spending

Better Security

Growing Population

Rich in Natural Resources

Strategic Location

Access to markets

Skilled and affordable labor

Favourable Investment Climate

Tourism Industry

Liberalization and Improvement in the local business environment

Different Types of Business Structures in Egypt

 

One-Person Company

One Person Company refers to a company that is held entirely by a single individual, whether neutral or legal, for a specific purpose. The liability of the company owner shall be restricted to the company’s capital. The limited liability nature of the company owner indicates that they have designated a portion of their inheritance for business purposes and shall be liability to the extent of their shares in the company’s capital.

Limited Liability Company

A Limited Liability Company (LLC) is one of the most popular and common type of business entity in Egypt. As per the country’s company formation rules, LLCs in Egypt may engage in any business or industrial activity. At the time of company’s formation, you need to designate minimum two shareholders. Moreover, the partners’ obligation is restricted to the value of their equity.

Company Limited by Shares

In a company limited by shares there are two types of partners- shareholder- the liability of the shareholder will be limited to the value of their share; Acting or Active partner- The liability of this partner will not be limited in its share in the company but shall extend to include their own money and it will be owned by one shareholder and one active partner at least.

Joint Stock Company

As per Egyptian rules and regulations, a joint stock company in Egypt may engage in any commercial activity. They are required to submit yearly financial accounts, once they have been established. This must be audited by an Egyptian auditor. A Joint Stock Company in Egypt should be at least 3 shareholders and the liability of the partners shall be limited to the shareholders’ value. The Joint Stock Company shall be either closed or publicly traded.

Partnership Company

A partnership Company, comprises of two or more people who combine their resources to establish a company and agree to share risks, profits and losses. The liability of the partner will not be limited to his/her share in the company but will extend to include his/her own money.

Limited Partnership Company

In case of a limited partnership company, there are two types of partners- active partner- The liability of active partner will not be limited to its share in the company but shall extend to include their private money; Dormant partner: The liability of this partner shall be limited to its share in the company and it shall not extend to include his private money.

Sole Proprietorship

Sole Proprietorship is a type of business structure which is owned and controlled by an individual. There are no partners in this business entity. The liability of the owner of this establishment will not be limited to the capital of the entity but shall extend to include his private money.

Branch Office

A branch office may undertake any form of legal activity in Egypt for which it is registered in the Commercial Registry. There are no requirement for the minimum capital investment for the branch office.

Representative Office

A foreign company can establish a “representation, liaison, scientific, or other office and the sole purpose of such office shall be to carry out market surveys or to study the feasibility of production without carrying out any commercial activity.

Different Types of Taxes in Egypt

 

Individual Tax

Corporate Income Tax

Value-Added Tax

Withholding Tax

Real Property Tax

About our Services

Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe.

Our Egypt Entry Strategy services involve the following services:

About the Egypt Entry Strategy

Our Egypt Entry Strategy is classified into the following:

Business Set-up Services

Business Structures available in Egypt are One-person company, Limited Liability Company, Company Limited by shares, Joint Stock Company, Partnership Company, Limited Partnership Company, Sole proprietorship, Branch Office and Representative Office. Our business set-up services include advisory related to the type of business structure you should opt for to set up business in Egypt. Our team will assist you in the business registration process, in opening a bank account for the business, and in post-registration compliance.

Consultancy on Managing the Business

Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory on issues related to the management of the business.

Legal Advisory Services

Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal necessary papers for your business and review and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.

Accounting and Audit Advisory Services

Our experts provide bookkeeping services, assuring the proper maintenance of different accounting records. This involves keeping thorough and organized financial records, such as cash books, general ledgers, fixed asset registers and accounts receivable and payable sub-ledgers. In addition to this, we also provide financial reporting, accounting guidance, and bookkeeping services. They aid in producing accurate financial accounts, ensure conformity to accounting standards, and offer qualified advice on complex accounting matters. The accounts and financial statements are prepared to reflect the true and fair view of the company’s operations. On behalf of our clients, we ensure that the accounting and audit requirements are fulfilled.

Tax Advisory Services

Our tax experts will assist you in effectively managing your tax obligations and identifying opportunities to lower tax expenses. We ensure that the tax return is timely filed. We provide advisory on direct as well as indirect taxes. As the globe becomes increasingly linked, businesses regularly engage in cross-border transactions with intricate tax ramifications. We provide thorough advice on international tax compliance, double taxation agreements, transfer pricing, and international tax planning using our worldwide tax consultancy services. Our knowledge aids companies in overcoming the difficulties associated with international taxes and strengthening their worldwide tax position.

Intellectual Property Advisory Services

Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant necessary papers. Our team of IP experts also advises on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.

Frequently Asked Questions

It costs about EGP 50,000 to set up a company in Egypt.

It can take from 6 weeks to 15 weeks to register a company in Egypt.

Yes, a foreigner can own and operate a company in Egypt.

The minimum capital requirement for LLC in Egypt is EGP 50,000.

A Limited Liability Company (LLC) is one of the most popular and common types of business entities in Egypt. As per the country’s company formation rules, LLCs in Egypt may engage in any business or industrial activity. At the time of the company’s formation, you need to designate minimum two shareholders. Moreover, the partners’ obligation is restricted to the value of their equity.

Yes, Egypt is a good place to start a business due to its high levels of economic stability and relaxed business climate.

Our Offerings

Why choose Us

15+ years of Industry Experience.
Global Network of CPA’s, CA’s and Attorney’s
Million Satisfied Clients.
Globally recognized consultancy with a presence over 22+countries.

Why Enterslice

24x7 Client relationship support desk.

Tech-enabled service delivery platform.

Dedicated foreign Investment desk.

50,000+ Network of Lawyers/Attorney’s/CA/CPA/CFA.

Strong team of Inhouse Lawyers/Attorney’s/CA/CPA/CFA

 

Individual and Dedicated professionals on every assignment.

We register 100+ Companies every Month.

Connect with Enterslice today to connect with our team of Skilled Professionals, to avail any of our Premium Services.

If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.

We partner with more than 100+ companies

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