Legal Framework
From The Report: Egypt 2018
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In conjunction with Helmy, Hamza & Partners, this chapter contains an overview of the legal framework in which local and foreign investors operate in Egypt, including the regulations governing different sectors, the rules for investment and expatriate employment, and recently introduced legislation on trade and financial services.

This chapter contains a viewpoint from Mohamad Talaat, Managing Partner, Helmy, Hamza & Partners.

Articles from this Chapter

Overview

Regulatory outline: The laws and decrees that most affect foreign business
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In the following, we aim to shed some light on the more relevant laws applicable to foreign investors 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 (Companies Law), which is the general law of application. The Companies Law prescribes all corporate governance rules and regulations in relation…

Viewpoint

Conducive to reform: Mohamad Talaat, Managing Partner, Helmy, Hamza & Partners, on beneficial laws and developments
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Viewpoint:Mohamad Talaat Egypt has experienced several dramatic political developments, leaving it with some economic challenges. While the uprisings lifted the country from stagnation, they also interrupted commerce, leading to a prolonged closure of the stock market and a drop in tourism. In recent decades the focus has been on incentivising investment. The Companies Law No. 159 of 1981 and the Investment Law No. 72 of 2017 opened the door to domestic and foreign investors, lifting restrictions…