Egypt has a conducive climate for establishing many investment projects due to its geographically strategic location in addition to its offering of cost effective and relatively qualified labor force.
Recently, Egypt has developed many sectors for investment such as; maritime, river and land transportation; housing and urbanization; petrochemicals; tourism and industrial sectors. Further, Egypt has released many resolutions and incentives for investment in the Suez Gulf Special Economic Zone (“Suez Gulf”) in order to participate in enhancing such zone; decreasing of the applied taxes therein, and decreasing the rate of import and export customs. In addition, Egypt now is seeking for activating the real estate sector, through enforcing the mortgage finance law which aims to; creating demand for real estate sector; concentrating on the real estate specialization concept; stimulating the Egyptian economy through increased liquidity, credit support, encouragement of real estate related jobs and competition. Finally Egypt, due to the economic difficulties, exerts its best endeavor to increase the industrial productions growth rate also increase the industrial exports and focus on promising industries such as Engineering, Chemical, Textiles and Food processing.
Egypt’s new regulations and policies:-
Egypt will issue new resolution and decrees at the beginning of next year attracting foreign investment further, will amend the Investment Law, Tax Law and Companies Law to be more flexible for investors, such amendments generally aim at attracting new investments to Egypt through increasing the chances in restoring confidence in Egypt’s investment climate, offering further incentives and guarantees, removing obstacles, streamlining the procedure taking into consideration the existing impediments for foreign and domestic investment.
The members of the office have experience in the following fields:
- The cases of the contracting companies, commercial, industrial, real estate, insurance, securities, banks, tourism, energy, investment, intellectual property, arbitration, legal consultancy, properties and properties’ rights, trademark registration, the cases of the export and import companies against their clients and customs authority. In addition, all procedures of establishment of new companies, is the forte.
- Preparing and formulating all kinds of contracts, deeds, undertakings, securities, powers of attorney and other documents that our clients request in various matters and aspects immediately upon request, with the view to include a future perspective for such contractual relation.
- Alternative solutions for disputes (as we are specialized in settlement of disputes/ work and effectively act as a neutral mediators in solving and settlement of disputes rising between the parties)
Our office excels in representing all clients and customers in various types of cases, before all degrees of courts particularly when our office is licensed to practice the lawyers’ profession before the courts of first instance, courts of appeal, courts of cassation and the state security court.
Accounting, Auditing, Taxes, Feasibility Study, Evaluating companies.