Egyptian (LLC) Company Formation
The most common form of company in Egypt is the Limited Liability Company. Alike a Limited Company in the UK or a GmbH in Austria and Germany, an Egyptian LLC company is a legal entity that is separate and distinct from the individuals who run it. For sole traders and for people in partnerships, the individuals’ personal assets are at risk if there is a claim against the organisation but shareholders in an LLC are liable to lose only the value of the share capital to which they subscribe.
LLCs in Egypt can be 100% foreign owned and are relatively quick to incorporate.
Company Name
The names of companies in Egypt are generally derived from the company’s business objects and must end with, or include somewhere, ‘Limited Liability Company’ or an appropriate abbreviation. Once approved by the Registrar the company name is reserved for 10 days; certain words, such as those suggesting governmental patronage are prohibited.
Registered Office
All companies must have a registered office in Egypt where official company documents and correspondence may be legally served. We will provide a registered office.
Directors
At least two directors are required for an LLC – who must be 21 years of age or over. One director must be an Egyptian resident. We can provide resident director services if required.
Shareholders
There is a minimum of two shareholders up to a maximum of 50 shareholders for an LLC. There is no restriction on nationality or residency and corporate shareholders are permitted.
Share Capital
The minimum share capital is EGP 1000 which must be fully paid up upon incorporation of the company.
Filing Requirements
Egyptian LLCs must file audited annual financial statements and annual tax returns.
Timescale
Once all the necessary documentation has been submitted to the Registrar the typical incorporation period is 2-3 weeks.
Egypt Company Formation Fees
We offer an all inclusive Egypt Company Incorporation Service
Egypt Company Incorporation fees
Egypt LLC Company Formation – 2-3 weeks
| £1500 | |
| Notary Fee | US$600 | |
| Additional Services | ||
|---|---|---|
| Registered Office and Company Administration (required ) Egyptian Resident Director | £1950 £860 | |
| Annual Renewal Fees | ||
Company Administration
| £1950 | |
| Maintenance of Directors Register | £175 |
Your company will be incorporated using your chosen name and we will ensure that the procedure is as simple as possible.
The whole incorporation process can be completed online and we will administer the preparation and filing of all registration forms on your behalf.