After the “Golden License”, global factories are launched in Tenth of Ramadan
10th of Ramadan City is one of the most prominent industrial cities in Egypt, as it has become a strategic destination for localizing many global industries, thanks to the golden license that grants facilities to investors. This license aims to attract foreign and local investments and overcome obstacles facing major industrial projects, which enhances Egypt’s […]
Read MoreForeigners’ Residence in Egypt
Egypt has long been a key destination for foreigners, whether for business, education, tourism, or investment. The country’s rich cultural heritage, strategic location, and developing economy make it an attractive place for individuals from around the world to live and work. As such, Egypt has established a range of legal frameworks to regulate the residence […]
Read MorePrime Minister Delivers Factory Contracts to Investors in the First Phase of the Leather Tanning City
Following the conclusion of the First Factory Offering Conference in the Leather City in Robbiki, Prime Minister Dr. Mostafa Madbouly, accompanied by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Engineer Kamel El-Wazir, inspected the third phase of the city included in the new offering. This phase covers 111 acres, fully […]
Read MoreTax incentives for informal economy projects throughout the temporary license period
Law No. 152 of 2020 promulgating the Law for the Development of Medium, Small and Micro Enterprises specifies the tax due on informal economy projects whose business volume reaches one million pounds and does not exceed ten million pounds during the validity period of the temporary license according to the following principles: It is worth […]
Read MoreCases that require annulment of the settlement by the Restructuring Law.. Know them
The Law Regulating Restructuring, Protective Composition, and Bankruptcy grants the court the right, upon the request of every creditor to whom the terms of the composition apply, to decide to annul the composition if the debtor fails to implement the terms of the composition as agreed upon, and if the debtor acts after ratifying the […]
Read MoreIn dollars.. The government: allocating plots of land in 11 cities to foreign companies
The Council of Ministers announced the approval of the Board of Directors of the New Urban Communities Authority, in its 186th and 187th sessions, held on February 11 and 19, 2024, of requests to allocate some plots of land to a number of companies, using the system of selling in US dollars from outside the […]
Read MoreTax Procedures Law.. Data that must be included in the electronic invoice
Law No. 206 of 2020, promulgating the Unified Tax Procedures Law, requires every financier, taxpayer, and others required by the law to issue a tax invoice or professional receipt for those who practice a self-employed profession when selling a good or performing a service, as the case may be. The law stipulates that the invoice […]
Read MoreLearn about tax registration procedures.. The law explains
The Unified Tax Procedures Law, promulgated by Law No. 206 of 2020, specifies tax registration procedures, as Article 25 of the law stipulates that every taxpayer or taxpayer must submit to the competent tax office an application for registration within thirty days from the date of starting the activity or from the date of submission. […]
Read MoreWaiver of the public store license. Find out the details in the law
The Public Stores Law promulgated by Law No. 154 of 2019 permitted the waiver of a public store license, and this is what was explained in detail in the executive regulations of the law. The executive regulations stipulate that the concerned parties must submit the application to the competent center on the form prepared for […]
Read MoreAllocating 30% of the lands of industrial zones to small projects.. Details
The executive regulations of the Micro, Small and Medium Enterprises Development Law stipulate, in Article (2) of Chapter One “Procedures for Allocation of Real Estate” of Chapter Two “Facilitating Procedures for Initiating Transactions,” that the authorities having jurisdiction over vacant lands in industrial and tourist areas and urban communities must commit to Agricultural reclamation lands […]
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