Egypt

We assist global clients looking to do  business in Egypt with the A to Z of business setup without the need for the client to travel to Egypt . Some of our services include:

Company / Branch registration

Tax registration and obtaining PIN

Regulatory licenses across all sectors

Personal and corporate bank account opening

Accounting and tax support services

Provision of nominee directors and shareholders

Recruitment and employee hiring

Virtual/Physical Office space solutions

Employment and residency visas

The most common corporate structures preferred by foreign investors setting up in Egypt are: One Person Company (OPC), Limited Liability Companies (LLCs) and Joint Stock Companies (SAEs). Also a branch office can be set up for the purpose of research in the market before the major investment. See comparison below:

Advantages and disadvantages of Egypt business setup:

  • Strategic Location

    Egypt is located geographically between Africa, the Middle East, and Europe providing easy access to such markets.

  • Business-Friendly Legal Framework: Egypt has a well-established and business-friendly legal framework, and government full support offering flexibility and clarity for corporate governance.
  • Full ownership of the shares. Egypt provides a structure that entails 100% of the shares, the voting and decision rights thus is retained by the investors for further development of the company.
  • Growing economy. Egypt is a diverse country offering a dynamic market for business in any sector of interest such as manufacturing, tourism, and technology.
  • A foreign director can be appointed. For the operations in Egypt a foreign director can be appointed except for the activities that require an import license, which requires for the presence of an Egyptian partner and director.
  • Simple Incorporation Process: The incorporation process in Egypt is fast and efficient, with the option to incorporate in as little as one day to a week, and straightforward maintenance and reporting requirements.
  • Government Incentives

    Special tax benefits and investment-friendly policies.

  •  

    Access to Global Markets

    Participation in trade agreements like COMESA and GAFTA.

    Cost-Effective Operations

    Lower operational costs compared to other regional markets.

  • An absence of Ministry on investment. An overlap between the various ministries with regard to entrepreneurship. This leads to the lack of clear responsibility for those who manage the entrepreneurship file, a challenge for foreign investors clear development in the country.
  • There is excessive bureaucracy and limited access to credit, which hinders the process of setting up companies, securing industrial land, and acquiring the necessary permits, so it imposes a financial burden on foreign investors.

Important links:

Company incorporation steps in Egypt

  1. Name Reservation: Girimba Consulting reserves a unique company name through the Division of Corporations;
  2. Documents Preparation: Our Team prepares the incorporation documents and emails our Client for signatures, notarization and apostillation;
  3. Certificate of Incorporation: Our Team submits an application for company registration and obtain a certificate of incorporation from GAFI (General Authority of Investment and Free zones);
  4. Social Security Number: If the director is a foreign national, our team shall facilitate and assist with application for a Social Security Number with a Social Security Office in The National Organization for Social Insurance (NOSI);
  5. Employer Identification Number: Our Tax Agent also submits an application to the Egyptian Tax Authority (ETA) for the Employer Identification Number;
  6. Other Registrations: If the Client intends to hire local staff, our Team registers the company with the Social Security Scheme and other related government agencies;
  7. Bank Account Opening: Girimba Consulting also assists our Client to open a local corporate bank account with an international bank in Egypt.

    Seek specific business information:

    Let us know more about your business needs by completing the form below. Our team will get back to you within twenty four hours.

    All information provided to Girimba via this form remains confidential, Girimba shall not sell, share or transfer any details to any authority or third parties except as may be required by law. If you however prefer not to fill up the form, you are welcomed to contact us by email or phone directly.

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    Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.

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    Clarence S. Carlos

    Regional Cordinator

    Clarence is our regional cordinator and head of business setup secretariat.