How To Register A New Company In Egypt

The foreign company must also appoint a manager of any nationality thereof to represent the said foreign company in Egypt. A Egypt LLC entity can be set up with only i one Egyptian director ii two shareholders of any nationality iii a legal registered address and iv US1000 of capital which however does not have to be fully paid-up before incorporation.

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Private company may be registered with or without a company name while a not for profit company must have a name.

How to register a new company in egypt. Choosing the name of the company Transferring the capital of the company which shall be EGP 50000 to extract bank certificate. In order for a foreign company to open a branch in Egypt such foreign company must be awarded a contract such as a construction contract for carry out specific scope of work in Egypt. In terms of the Companies Act 2008 a for profit company eg.

A foreign company may register the establishment of a representative office either under the Companies Law or the Commercial Agencies Law which shall in both cases require submitting an application to the Companies Department of the General Authority for Investment and Free Zones. The process starts with a name reservation at the General Authority for Free Zones and Investments GAFI an institution part of the Commercial Registry. Egypt company incorporation costs for an Egyptian LLC in Year 1 are US9750 and annual company costs in Year 2 and thereafter are US2450.

The Commercial Registry in Egypt is in charge with the company registration in the country whether made by local entrepreneurs or foreign investors who want to enter the market. If you register a combined trademark which includes both word elements and figurative elements in Egypt the exclusive right to use the trademark is limited to a use of the trademark in the exact configuration or way in which it was filed and registered. When a company is registered without a reserved name its registration number automatically becomes the company name with South Africa as the suffix.

A foreign company may register the establishment of a representative office either under the Companies Law or the Commercial Agencies Law which shall in both cases require submitting an application to the Companies Department of. The required documents for registering a one-person company OPC A notarized power of attorney to be legalized from the Egyptian consulate. If you are planning to file for a trademark or to register a new company name in Egypt it is a good idea to do preliminary worldwide screening in order to reduce the cost of an exhaustive search.

Choosing the name of the company Transferring the capital of the company which shall be EGP 50000 to extract bank certificate. The required documents for registering a one-person company OPC A notarized power of attorney to be legalized from the Egyptian consulate. It is not necessary for a trademark to be in use in Egypt in order for it to register.

The Companies Law allows non-Egyptian investors. The One Person Company is a new type of companies that was introduced in the Companies Law No. We do the company name screening in 200 countries contact us.

Registering a wholly foreign-owned company in Egypt is possible and can be done within 2 months. Joint Stock Company JSC. How to Register a Company in Egypt.

How to create a company in egypt Register a business in egypt BUSINESS IN EGYPT BUSINESS IN AFRICA How to create a company in egypt Register a busines. Electricity Holding Company Egypt Payment of electricity bill - North Cairo Electricity Distribution Company Reporting the meter reading - South Delta Electricity Distribution Company. Given the assumption of starting a limited liability company the entrepreneur.

Certificate is issued by the Commercial Registry. ECP Version of Procedures for Starting a Capital Company in Egypt. As by this type of companies the small investor becomes able to establish by his own a company in a unique form of companies.

There are sole proprietorships such as restaurants and boutiques but they are more difficult to establish due to the numbing amount of permits and paperwork required and are therefore less common. Most foreign companies operating in Egypt are joint stock or limited liability companies. Average engagement fees including company incorporation opening a business bank account and.

159 of 1981 after its last amendments were made in 2018. Request for registration in Egypt exporters register signed by the responsible manager who has the rights to sign on behalf of the company or from his agent or legal representative including data consistent with the commercial registration data original copy.

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