Egypt is currently witnessing a major and remarkable economic transformation, as it is working to diversify sources of income and promote investments to achieve sustainable development, and in this context, foreign investments have become one of the main catalysts for the economy, therefore, Egypt provided the resistances that motivated foreign companies and made them want to start their investments within the Egyptian state, but before embarking on investment, these foreign companies had to study the market and study production processes, which made them seek to open offices for legal representation for foreign companies in Egypt, for the purpose of Verify the seriousness of the investment and achieve the desired results.
All you need to know about legal representation of foreign companies in Egypt
In order to flourish the Egyptian economy and investment business, the concept of legal representation of foreign companies in Egypt has emerged as one of the investment solutions that contribute to building a strong economy, including the stipulation of the Companies Law that a foreign company may establish a representative office for it as long as its goal is limited to studying markets or studying the feasibility of production without practicing any commercial, industrial or service activities. These offices may not practice any banking or commercial activity, including the activity of commercial agents. and financial intermediary business, as no specific capital is required for representative offices.
This has produced many benefits and advantages in the field of Egyptian investments, and here are the most prominent of those advantages that resulted from the legal representation of foreign companies in Egypt from us in the following points:
-
Access to a large market
Egypt is one of the largest economies in the Middle East and has a large and diversified market, and by opening a legal representative office for a foreign company in Egypt, the company can access this large market and exploit growth and expansion opportunities.
-
Investing in promising sectors
The Egyptian state encourages investment in many promising sectors such as energy, tourism, technology, education, and industry, so legal representation services provide foreign companies with an opportunity to invest in these sectors and exploit the great potential they offer.
-
Access to government support and facilities
The Egyptian government provides many facilities and support to foreign companies that wish to open legal representative offices, as these facilities can include providing assistance in obtaining the necessary permits and licenses, providing tax and customs benefits, and providing logistical support and the necessary infrastructure.
-
Benefit from modern regulations and legislation
In recent years, Egypt has implemented economic reforms and new investment legislation aimed at improving the business environment and attracting foreign investment, opening a legal representative office for a foreign company that allows the company to benefit from these reforms and modern legislation.
Because we at “Consortio Law Firm” understand the value of foreign investments and their impact on the local and international economy, we always strive to provide the best legal services that facilitate all procedures for the legal representation process for foreign companies in Egypt, through experts specialized in international law and investment laws, which ensures the smooth conduct of business, and achieving the highest levels of economic development that produces fruits for all parties.
If you want to start your investments in Egypt, and want to know more about the legal representation of foreign companies in Egypt, contact us now through the phone number 002 01028806061 or send us a WhatsApp or email Info@consortiolawfirm.com.
