Commencement of Activity vs. Executive Status: Two GAFI Checks Every Investor in Egypt Should Understand
A foreign company can incorporate in Egypt, fund its capital in full, and still find its tax incentives stalled and its investors' residence permits on hold — because the General Authority for Investment and Free Zones (GAFI) has not yet confirmed that the project is genuinely operating. Two separate committee procedures at GAFI's Investor Service [...]









