Egypt is one of the most attractive investment destinations, as it is located at the crossroads of Africa, Asia, and Europe, making it an ideal location for companies looking to expand into other markets, as Egypt offers huge potential for companies looking to grow with the country’s well-established and developed economy. After Israel and Saudi Arabia, it is the third largest economy in the region, and it was also one of the few economies worldwide besides China that continued to expand throughout the COVID-19 pandemic, and in order to take important steps to establish companies, knowing the licensing requirements for companies in Egypt has become imperative, as these conditions play an important role in protecting the rights of partners and shareholders, and ensuring the success of the company.

Why register and license a company in Egypt?

There are several reasons why an entrepreneur chooses to license a company in Egypt, including:

  1. Egypt has a population of more than 100 million, providing a large potential customer base for companies operating in the country.
  2. Egypt has a large and well-educated workforce, providing companies with access to a talented pool of potential employees.
  3. Egypt has been improving its business environment recently, implementing economic and legal reforms to attract foreign investment.
  4. Egypt has a wealth of natural resources, including oil and natural gas, that can be exploited by companies operating in the country.
  5. Egypt has a fixed corporate tax rate of 22.5% and a fixed personal income tax rate of 22.5%
  6. The Egyptian government offers a variety of incentives and support programs to companies operating in the country, including tax breaks, subsidies, and access to finance.

Licensing requirements for companies in Egypt

Preparing to build a strong brand requires a lot of tasks, foremost of which is the completion of licensing procedures and requirements for companies properly and their official registration in Egypt, which allows you to start your activity, continuity and prosperity in the Egyptian market.

Here are the most important requirements and conditions for licensing a company in Egypt as follows:

  1. Determining the company’s activity: The field in which the company will operate must be determined, and the nature of the company’s activity, whether commercial, industrial or electronic, must also be determined.
  2. Define a business name for the company: It is necessary to choose a distinctive name to conduct the business, provided that it is innovative, memorable by customers and relevant to your industry.
  3. Determining the company’s capital: Before starting the licensing procedures, the budget available for the establishment of the company must be determined, in order to be placed on the papers to facilitate the granting of bank loans for financing.
  4. Memorandum of Association: If you are a group of partners, the company’s memorandum of association must be prepared and documented in a proper legal manner, to ensure the preservation of rights.
  5. Company Registration: The various documents required to be submitted to the concerned official authorities must be prepared and the established incorporation fees and licenses must be paid, and the entity must be registered with the Egyptian Tax Authority and the Ministry of Trade and Industry.

How “Consortio Law Firm” Can Help?

Starting a business in Egypt can be challenging, many foreigners and first-time entrepreneurs face difficulties when setting up a company in Egypt due to the various laws and restrictions that need to be adhered to, so, we’re in “Consortio Law Firm” familiar with all governmental regulations, investigations, and procedures and when necessary, we defend or enforce our client’s interests to reach their business objectives.

Here are the most important legal services provided by a group of our lawyers and consultants, in order to implement the licensing requirements for companies in Egypt in a safe manner that ensures the success of companies as follows:

  1. Providing appropriate legal advice on the system of establishing companies, whatever the type of company you wish to establish.
  2. Preparing and drafting contracts of incorporation of companies and all relevant contracts and documents required for licensing.
  3. Issuing all commercial and industrial licenses.
  4. Updating the articles of association.
  5. Extracting commercial registers of all kinds.
  6. Providing company incorporation services to foreigners.
  7. Carrying out all legal affairs related to the company with the aim of its success and development.
  8. Managing various issues related to companies and institutions of all kinds.
  9. Providing litigation services and representing you legally before the competent authorities.
  10. Protect the company from all legal risks that it may be exposed to.

For further information and to request our special services, feel free to contact our team now through the phone number 002 01028806061 or send us a WhatsApp or email Info@consortiolawfirm.com.