Company Registration in Egypt - Business Starting & Setup

Want to set up a firm in Egypt? We can assist you in starting a business or in buying a shelf company in Egypt with a full package of necessary documents, legal advice and follow-up support. Incorporation of a firm in Egypt includes provision of a registered office (for at least 1 year in any of our service plans), an apostilled set of constitutional documents, secretarial services and assistance with compliance fee and pre-approval for opening an account in banks of Egypt. The total price of company formation in Egypt includes all necessary fees and charges for the first year of operation, as well as full one-year nominee service (package Optimum).

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Service packages Legislation Tax System
Service packages
Express
Standard
Optimum
Company registration
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Legal address per year
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Secretarial services for the first year
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Fees and duties for the first year
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Apostilled bound set of incorporation documents
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Compliance fee
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Nominee service per year
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Bank Account Pre-approval
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Price
7 000 USD

7 000 USD

7 500 USD

Your Consultant
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General Corporate Information

Types of Entities

The establishment of Egyptian companies and their economic activities are regulated by various laws, such as on corporations (Companies Law No. 159 of 1981), on investments (Investment Law No. 72 of 2017), on commercial law (Capital Markets Law No. 95 of 1992) and others.

A foreign investor in Egypt will be interested in the following forms of doing business:

  • Shareholder Company;
  • Joint Stock Company;
  • Limited Liability Company;
  • Partnership Limited by Shares;
  • Branch;
  • Representative Office.

The registration body for companies and individual entrepreneurs in Egypt is the General Authority for Investment and Free Zones (GAFI) under the Egyptian Ministry of Investment.

LLC Incorporation

Company Name

When registering a company in Egypt, the company name must be checked for availability.

The name of the LLC must derive from the company’s objectives and may include the name of one or more of its members/shareholders. The name must also include the words ‘Limited Liability Company’ (in accordance with the Ministerial Decision Implementing the Commercial Companies Law).

Company Incorporation in Egypt

Incorporation of a limited liability company in Egypt includes the following stages:

1. Reserving the company name in the Trade Register (at least 3 names).

2. Obtaining a bank letter.

3. Certifying the necessary documents.

4. Registration of a company at GAFI. This will require submission on the following documents:

  • extract about the company name;
  • bank statement;
  • company’s Articles of Association;
  • passports of the company’s founders;
  • completed application (GAFI form).

5. Registration at the Egyptian Tax Authority.

6. Registration at the National Social Security Administration.

Registered Office

A registered office in the country is mandatory.

Seal

There are no statutory requirements for Egyptian companies to have a seal.

Residence

Foreign companies and partnerships are regarded as resident in Egypt if they meet one of the following conditions:

  • A legal entity is established under Egyptian law.
  • More than 50% of the entity’s capital is owned by the government or state body.
  • The effective place of management is in Egypt.

Egypt is regarded as effective place of management if an entity meets any two of the following conditions:

  • Day-to-day management decisions are made in Egypt.
  • Board members hold their meetings in Egypt.
  • At least 50% of the board members or managers reside in Egypt.
  • Major shareholders (holding more than 50% of shares or voting rights) reside in Egypt.
  • Permanent establishment.

Company Structure

Director

An LLC may be managed by one or more managers. However, at least one manager must be an Egyptian citizen.

The manager’s name must be stated in the Memorandum of Association.

A manager may be appointed for a fixed term (which must be specified in the Memorandum of Association) or for an indefinite period. The manager must have full authority to represent the LLC before third parties unless such authority is limited or stipulated by the Memorandum of Association.

Shareholders

Number of LLC members: the minimum is 2, the maximum is 50, each of which is liable only to the extent of the value of their share.

If the number of shareholders becomes less than 2, an LLC will be considered liquidated by law.

An LLC must also maintain a Register of Shareholders, which is kept at the head office. The Register specifies:

  • Name, citizenship, place of residence and occupation;
  • Number of shares held by each member;
  • Amount paid by each member; and
  • Information about the assignment or transfer of shares and related information.

Beneficial Owner

Egypt does not yet have a central public register of beneficial owners.

Share Capital and Shares

The minimum share capital required to form an LLC is EGP 50 000.

The share capital must be divided into equal shares in cash or in kind, and the value of each share must be at least EGP 100.

Each member/shareholder is liable to the extent of the value of their share.

Core Services

Incorporation

Price7 000 USD

(including incorporation tax and state registry fee)

Annual government fees

Priceincluded

(Stamp Duty) and Companies House incorporation fee

Corporate legal services

Price5 000 USD

(including registered address and registered agent)

Delivery of documents by courier mail

Price200 USD

DHL or TNT, at cost of a Courier Service

Nominee Director

Paid-up “nominee director” set includes the following documents

Nominee Shareholder

Paid-up “nominee shareholder” set includes the following documents

Compliance fee

Compliance fee is payable in the cases of: renewal of a company, liquidation of a company, transfer out of a company, issue of a power of attorney to a new attorney, change of director / shareholder / BO (except the change to a nominee director / shareholder)

Basic

Price250 USD

simple company structure with only 1 physical person

For legal entity in structure under GSL administration

Price50 USD

additional compliance fee for legal entity in structure under GSL administration (per 1 entity)

For legal entity in structure not under GSL administration

Price100 USD

additional compliance fee for legal entity in structure NOT under GSL administration (per 1 entity)

For client with high risk Status

Price350 USD

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