Starting a Business in Egypt: Legal Guide for Foreigners
Planning to start a company in Egypt? This step-by-step legal guide covers LLC and OPC formation, GAFI requirements for foreign investors, tax registration, commercial licensing, and ongoing compliance obligations. Understand the costs, timelines, and legal structures available to foreign entrepreneurs in Egypt.
Egypt has made significant efforts to attract foreign investment, and starting a company is more accessible than ever. However, the process involves navigating multiple government agencies, legal requirements, and regulatory frameworks that can be overwhelming without proper legal guidance.
The two most popular structures for foreigners are the Limited Liability Company (LLC) and the One Person Company (OPC). An LLC requires at least two shareholders and a minimum capital of 1,000 EGP, while an OPC can be established by a single foreigner with similar capital requirements.
Foreign investors must obtain approval from the General Authority for Free Zones and Investment (GAFI). Your lawyer will prepare and submit the required documentation, including articles of incorporation, board of directors appointments, and proof of capital.
After GAFI approval, you'll need: commercial registration, tax card registration, a company bank account, and depending on your business type, additional sector-specific licenses. The entire process typically takes 2-4 weeks with proper legal representation.
Ongoing compliance includes annual tax filings, social insurance for employees, and maintaining proper corporate records. Our law firm provides comprehensive company formation and ongoing compliance services for foreign entrepreneurs in Egypt.
Need legal help with this in Hurghada?
Speak directly to Mohamed Ashraf Hosny — English-speaking lawyer serving foreign clients across Egypt. Scope and fees are agreed before work begins.