{"id":11062,"date":"2025-04-08T13:59:43","date_gmt":"2025-04-08T05:59:43","guid":{"rendered":"https:\/\/www.globoss.com\/?page_id=11062"},"modified":"2025-09-28T14:42:01","modified_gmt":"2025-09-28T06:42:01","slug":"egypt","status":"publish","type":"page","link":"https:\/\/www.globoss.com\/en\/egypt","title":{"rendered":"Egypt"},"content":{"rendered":"
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\n\t\t\t\tAdvantages of starting a company in Egypt\t\t\n\t\t\t<\/h3>\n\t\t\n\t\t\t<\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n \t\t\t<\/div>\n\t\t<\/section>\n\t\t
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Strategic geographic location<\/h3>\r\n
Connecting Asia, Africa and Europe, the Suez Canal global trade hub, logistics costs are low and high efficiency.<\/div>\r\n <\/a>\r\n <\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n
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Huge consumer market<\/h3>\r\n
With a population of 100 million, it is the largest domestic market in the Middle East, with a high proportion of young people and great consumption potential.<\/div>\r\n <\/a>\r\n <\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n
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Preferential policy of free trade zone<\/h3>\r\n
Enterprises in the free zone will enjoy a 20-year income tax exemption and zero tariff on capital goods imports.<\/div>\r\n <\/a>\r\n <\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n \t\t\t<\/div>\n\t\t<\/section>\n\t\t
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Low-cost labor<\/h3>\r\n
The average monthly wage in manufacturing is about $200, and labor costs are among the lowest in the region.<\/div>\r\n <\/a>\r\n <\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n
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Government incentive scheme<\/h3>\r\n
Gold license approval simplified, export subsidies up to 10%, industrial land concessions.<\/div>\r\n <\/a>\r\n <\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n
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Diversified industrial base<\/h3>\r\n
The automobile, energy, ICT and other industries are mature, and the supporting industrial chains are improved.<\/div>\r\n <\/a>\r\n <\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n \t\t\t<\/div>\n\t\t<\/section>\n\t\t <\/div>\r\n <\/div>\r\n \t\t\t<\/div>\n\t\t<\/section>\n\t\t
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\n\t\t\t\tThe process required to register in Egypt\t\t\n\t\t\t<\/h3>\n\t\t\n\t\t\t<\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n Company name pre-approved <\/h4>\n
Submit three alternative names to the Egyptian Investment and Free Zone Authority (GAFI), which will take 1-3 working days to approve, and the names must conform to the Arabic naming code and be free of duplication.<\/div>\n <\/div>\n <\/div>\n <\/div>\n
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\n Filing of legal documents <\/h4>\n
This includes notarized articles of association (Arabic version), copy of shareholder's passport \/ID (embassy certification for foreign investment), proof of address and a statement of the source of foreign investment. The foreign company also needs to provide an entry permit for funds from the Egyptian Central Bank.<\/div>\n <\/div>\n <\/div>\n <\/div>\n
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\n Complete industrial and commercial tax registration <\/h4>\n
After obtaining a business license at the Business Registry office, you need to register your Tax number (TIN) with the Tax office and open a VAT file (if applicable). The whole process takes about 2-4 weeks.<\/div>\n <\/div>\n <\/div>\n <\/div>\n
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\n Bank opening and capital injection <\/h4>\n
Open a legal person account in a local Egyptian bank, deposit the legal minimum registered capital (usually 50,000 Egyptian pounds for limited liability companies), and foreign capital needs to be injected through a foreign exchange account.<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n
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\n\t\t\t\tInformation required to register an Egyptian company\t\t\n\t\t\t<\/h3>\n\t\t\n\t\t\t<\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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