FAQ

FAQ

Frequently Asked Questions

  • The general rule is that the legislator granted foreigners the right to establish joint stock companies within the Arab Republic of Egypt without the presence of any Egyptian partner, but there are some exceptions to this general rule. For example, import companies, the legislator specified the percentage of the contribution of Egyptians to be 51% of the company’s capital. (For more .. call us)
  • There is no maximum limit for the meetings of the Board of Directors of the Company, but the law stipulates that the number of meetings of the Board of Directors shall not be less than 4 meetings per year. (For more .. call us)
  • The chairman of the board of directors of the company shall call for the convening of the general assembly meeting. In specific cases, two-thirds of the members of the board of directors, the auditor, or the General Investment Authority may call for the convening of the meeting. (For more .. call us)
  • For joint stock companies, shareholders may deposit at least 10% of the issued capital upon incorporation with a bank, provided that 25% of the capital is completed within three months of the registration of the company in the Commercial Register. (For more .. call us)
  • The law required the attendance of at least three members of the company’s board of directors for the validity and legality of the general assembly meeting. (For more .. call us)
  • Shares in liability companies shall be transferred by sale under a customary contract or a formal contract in accordance with the terms of the company’s articles of association. (For more .. call us)

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Companies Establishment

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Corporate Lawyers?!

Technical Expertise:

  • Deep understanding of corporate and commercial law including familiarity with the processes of incorporation of companies, establishment of branches of foreign companies, representative offices, mergers and acquisitions and liquidation of companies.
  • Familiarity with the provisions of the laws and special legislation regulating some specialized fields, especially in the field of medical, sports, import, export, real estate investment and agricultural investment.
  • Setting, studying, amending and developing the internal regulations of companies and corporate governance in accordance with legislative amendments and decisions issued by the concerned authorities.

Professional Skills:

  • Exceptional research and communication skills and effectively provides legal and procedural advice and services to clients and success partners.
  • Good skills in negotiation and conflict resolution, by studying and analyzing possible facts and assumptions, then making sound recommendations, and carrying out negotiations and settlements required for conflict resolution.

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