The legal environment is a major factor in an investor’s decision to set up shop in a foreign country, as is the ease of doing business once the enterprise begins operations. Egyptian laws that are most relevant for foreign investors are those that regulate corporate operations, labour, investment and property. 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 as its amendments and…
From The Report: Egypt 2020
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This chapter explores Egypt’s legal system, including the laws that are most relevant for foreign investors. These include those that regulate corporate operations, labour, investment and property, as well as the regulations governing the country’s free zones. In recent years efforts have been made to ensure that local and international investors are treated equally, and a number of business types are open to full foreign ownership.