In recent years, Egypt has become an attractive destination for entrepreneurs and investors looking to establish a business. One of the most popular forms of business structure in the country is the Limited Liability Company (LLC). Limited Liability Company Registration in Egypt offers numerous benefits, including limited liability protection, a flexible management structure and ease of formation. Thus, for entrepreneurs and investors looking to establish a business in Egypt, an LLC is often the ideal choice, providing a solid foundation for growth and success in the competitive market.

Steps for Limited Liability Company Registration

A Limited Liability Company (LLC) is the most common company type registered in Egypt. Such companies are permitted to engage in any business activities with the exception of banking, insurance, saving, receiving or investing funds in favor of third parties, or any other activity explicitly restricted by law.

The Companies Law No. 159 of 1981 governs the formation and registration of LLC’s as the following steps:

  1. Choose a Company Name

The first step in registering an LLC is selecting a unique company name. The name must not be similar to existing companies and should comply with the naming regulations set by the General Authority for Investment and Free Zones (GAFI).

  1. Prepare the Required Documents

The following documents are typically required for LLC registration:

  • A copy of the national ID or passport of each shareholder.
  • A bank statement confirming the deposit of the minimum capital.
  • A lease agreement for the company’s registered office.
  • A memorandum of association outlining the company’s objectives and structure.

  1. Deposit the Minimum Capital

The minimum capital requirement for an LLC in Egypt is currently set at EGP 50,000. This amount must be deposited in a bank account opened in the name of the company before registration.

  1. Draft the Memorandum of Association

The memorandum of association must be drafted and signed by all shareholders. It should include details such as the company’s name, objectives, capital, and the distribution of shares among the shareholders.

  1. Submit the Application to GAFI

Once all documents are prepared, the application for registration must be submitted to GAFI. This includes the memorandum of association, proof of capital deposit, and any other required documentation.

  1. Obtain the Commercial Registry Certificate

Upon approval of the application, GAFI will issue a commercial registry certificate. This certificate is essential for the legal operation of the LLC in Egypt.

  1. Register for Taxes

After obtaining the commercial registry certificate, the company must register with the Egyptian Tax Authority to obtain a tax identification number.

  1. Open a Corporate Bank Account

The LLC should open a corporate bank account to manage its finances and conduct business transactions.

“Consortio Law Firm” is Your Ideal Legal Partner

Registering a Limited Liability Company in Egypt involves several steps, from choosing a company name to obtaining necessary licenses and permits. By following the outlined process and ensuring compliance with legal requirements, entrepreneurs can successfully establish their LLC and embark on their business ventures in Egypt.

“Consortio Law Firm” is your ideal partner in Limited Liability Company Registration process in Egypt. You can resort to it if you are looking for a reliable and experienced legal partner to establish your company, because we provide a comprehensive range of specialized legal services, and has a professional management that combines efficiency and extensive experience in the field of commercial law.

We have an expert team of qualified lawyers who organize the establishment work quickly and smoothly, with full compliance with all legal procedures and government regulations.

Feel Free to Contact us Now for more details via the phone number 002 01028806061 or send us a WhatsApp or email Info@consortiolawfirm.com.