Legal Framework
From The Report: Egypt 2013
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OBG introduces the reader to the different aspects of the legal system in Egypt, in partnership with Helmy, Hamza & Partners. This section includes a viewpoint from Mohamad B Talaat, Partner, Helmy, Hamza & Partners, on laying the legal groundwork for continued economic expansion.

Articles from this Chapter

Overview

Rights and responsibilities: An outline of the legal environment for foreign companies
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In the following, we aim to shed some light on the more relevant laws applicable in Egypt. In this respect, we shall focus on the corporate, labour, investment, and property laws of the country. 1.CORPORATE LAW: All newly established corporate vehicles in Egypt are subject to the provisions of the Companies Law No. 159 of 1981 (the “Companies Law”), which is the general law of application. The Companies Law prescribes all corporate governance rules and regulations, and regulates management,…

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Mohamad B Talaat, Partner, Helmy, Hamza & Partners, on laying the legal groundwork for continued economic expansion
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Egypt has recently undergone a series of dramatic political developments, leaving the country with a number of economic challenges to face. Just as the revolution brought about fundamental political change and lifted the country from its state of stagnation, it was also a direct cause of interrupted commercial activity, which led to a prolonged stock market closure and a drop in tourism receipts, despite the election of President Mohamed Morsi on June 30, 2012. In the years prior to the revolution,…