Legal Framework
From The Report: Egypt 2019
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This chapter introduces the reader to the different aspects of the legal system in Egypt, in partnership with Helmy, Hamza & Partners. It also contains a viewpoint with Mohamad Talaat, Managing Partner, Helmy, Hamza & Partners.

Articles from this Chapter

Overview

Regulatory outline: The laws and decrees that most affect foreign businesses
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The legal environment is a major factor in an investor’s decision to set up shop in a foreign country and the ease of doing business once operable. This overview sheds light on the relevant laws that are most applicable to foreign investors in Egypt, focusing 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), as well…

Viewpoint

Building links: Mohamad Talaat, Managing Partner, Helmy, Hamza & Partners, on legal reforms to promote intra-African trade and investment
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Viewpoint:Mohamad Talaat Due to the political climate, Egypt has faced a number of economic challenges. While the uprisings have brought the country out of stagnation, they have also interrupted commerce, which had led to a prolonged closure of the stock market as well as a drop in some of the country’s main industries, such as tourism. In recent decades, however, the focus has been on incentivising investment. The Companies Law No. 159 of 1981 and the Investment Law No. 72 of 2017 have…