Doing Business with Egypt

A comprehensive guide to doing business, exporting, investing, and manufacturing in Egypt.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

Egypt General Authority For Investment And Free Zones

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Egyptian Customs Authority

Tel: +20 2 2342 2249
Email: info@customs.gov.eg
Web: www.customs.gov.eg

National Chamber of Commerce

Federation of Egyptian Chambers of Commerce

Tel: +20  2 2796 1424
Email: info@fedcoc.org.eg
Web: www.fedcoc.org.eg

Ministry of Economy Information from the International Trade Council - a Peak-body - international chamber of commerce

Ministry of Planning and Economic Development

Phone: +20 2 2407 0700
Email:
info@mped.gov.eg
Web: www.mped.gov.eg

  • Type of Government: Unitary semi-presidential republic
  • Population: Approximately 109 million
  • GDP: Around $400 billion USD
  • Corporate Tax Rate: 22.5%
  • Personal Income Tax Rate: Progressive, up to 22.5%
  • Major Exports: Crude oil, petroleum products, cotton, textiles
  • Major Imports: Machinery, equipment, foodstuffs, chemicals

 

Exporting to Egypt involves several steps. Here’s a comprehensive guide:

  1. Conduct Market Research

    • Identify demand for your product in Egypt.
    • Understand local consumer preferences and competition.
  2. Verify Export Regulations

    • Ensure compliance with your country’s export regulations and Egyptian import requirements.
    • Check for any specific product certifications or standards needed.
  3. Find Local Partners

    • Establish relationships with local distributors or agents in Egypt.
  4. Prepare Export Documentation

    • Include commercial invoices, packing lists, and certificates of origin.
    • Ensure documents meet Egyptian customs requirements.
  5. Arrange Logistics and Shipping

    • Select a reliable shipping company experienced with Middle Eastern imports.
    • Ensure accurate completion of shipping documents, such as bills of lading.
  6. Customs Clearance

    • Work with a customs broker to facilitate the clearance process.
    • Pay any necessary duties and taxes required for import.
  7. Distribution and Sales

    • Establish distribution channels within Egypt.
    • Consider partnerships with local businesses for effective market penetration.

Key Contacts

Importing goods into Egypt involves several key steps. Here’s a detailed guide:

  1. Obtain an Importer’s Registration

    • Register with the Egyptian General Organization for Import and Export Control (GOEIC).
  2. Verify Import Regulations

    • Check if your goods require special permits or certifications.
    • Consult the Egyptian Customs Authority for specific regulations.
  3. Classify Your Goods

    • Determine the correct tariff classification for your products.
  4. Hire a Customs Broker

    • Work with a licensed customs broker to handle documentation and clearance.
  5. Prepare Import Documentation

    • Necessary documents include commercial invoices, bills of lading, and certificates of origin.
  6. Arrange Shipping and Logistics

    • Choose a reliable shipping company.
    • Ensure proper packaging and labeling of goods.
  7. Customs Clearance

    • Submit all documentation to the Egyptian Customs Authority.
    • Pay any applicable duties and taxes.
  8. Receive Goods

    • Coordinate with your customs broker to receive and inspect the goods upon arrival.

Key Contacts

  • Egyptian Customs Authority
  • Egyptian General Organization for Import and Export Control (GOEIC)

Incorporating a company in Egypt involves several steps. Here’s a comprehensive guide:

  1. Choose a Company Type

    • Decide on the type of company (e.g., LLC, joint-stock company).
  2. Reserve a Company Name

    • Reserve a unique name with the General Authority for Investment and Free Zones (GAFI).
  3. Prepare Incorporation Documents

    • Draft the company’s articles of association.
    • Obtain necessary approvals from relevant authorities.
  4. Deposit Capital

    • Open a bank account and deposit the required capital.
    • Obtain a certificate of deposit.
  5. Submit Documents to GAFI

    • Submit the incorporation documents and capital deposit certificate to GAFI.
    • Pay the registration fees.
  6. Obtain a Commercial Register

    • Register the company with the Commercial Registry.
  7. Register for Taxes

    • Obtain a tax card from the Egyptian Tax Authority.
  8. Register for Social Insurance

    • Enroll employees with the National Organization for Social Insurance.

Costs

  • Registration Fees: Vary depending on company type and capital.
  • Legal Fees: Optional, depending on whether you use legal services.

Key Contacts

Setting up a manufacturing plant in Egypt involves several key steps. Here’s a detailed guide:

  1. Conduct Market Research

    • Analyze local demand and industry trends.
    • Evaluate competitors and supply chain logistics.
  2. Choose a Suitable Location

    • Identify industrial zones with necessary infrastructure.
    • Contact local government or industrial parks for available sites.
  3. Understand Legal Requirements

    • Familiarize yourself with Egyptian investment laws and regulations.
    • Decide on the business structure, such as a limited liability company (LLC).
  4. Develop a Business Plan

    • Prepare a detailed proposal outlining your investment, objectives, and operations.
    • Include financial projections and environmental impact assessments.
  5. Register the Business

    • Register your company with the General Authority for Investment and Free Zones (GAFI).
    • Obtain necessary licenses and permits for manufacturing.
  6. Secure Financing

    • Explore funding options through banks or investment agencies.
    • Consider government incentives for manufacturing.
  7. Design and Construct the Facility

    • Hire architects and contractors familiar with local regulations.
    • Ensure compliance with building codes and safety standards.
  8. Install Equipment and Machinery

    • Import necessary machinery, ensuring compliance with local regulations.
    • Coordinate with customs for smooth importation.
  9. Obtain Necessary Permits and Licenses

    • Apply for industry-specific licenses and permits.
    • Ensure compliance with health and safety regulations.
  10. Recruit and Train Staff

    • Hire local talent and provide necessary training.
    • Work with Egyptian employment agencies for assistance.
  11. Begin Operations

    • Ensure all systems are in place and test the production line.
    • Implement quality control measures.

Key Contacts

  • General Authority for Investment and Free Zones (GAFI)
  • Industrial Development Authority (IDA)

Registering a trademark in Egypt involves several steps. Here’s a comprehensive guide:

  1. Conduct a Trademark Search

    • Check the availability of your trademark using the Egyptian Trademark Office database to ensure it’s not already registered.
  2. Prepare Your Application

    • Gather necessary information: trademark design, goods/services classification, and applicant details.
  3. Submit Your Application

    • File the application with the Egyptian Trademark Office at the Ministry of Supply and Internal Trade.
    • Ensure all required information is complete and accurate.
  4. Pay the Application Fee

    • Fees vary based on the number of classes and specifics of your trademark. Contact the Trademark Office for current rates.
  5. Examination Process

    • The office reviews the application for compliance and potential conflicts. Respond promptly to any objections or requests for additional information.
  6. Publication and Opposition

    • If approved, the trademark is published in the Official Gazette. There is a period for third parties to oppose the registration.
  7. Registration and Certification

    • If no oppositions arise, the trademark is registered. You will receive a certificate of registration.
  8. Maintain and Renew the Trademark

    • Trademarks are valid for 10 years and can be renewed indefinitely. Submit renewal applications before expiry to maintain protection.

Costs

  • Application Fees: Vary based on the number of classes. Contact the Trademark Office for detailed pricing.
  • Legal Fees: Optional, depending on whether you use legal services for application preparation.

Key Contacts

Resolving commercial disputes in Egypt involves several steps. Here’s a guide on the process:

  1. Attempt Negotiation

    • Begin by negotiating directly with the other party to find an amicable solution.
  2. Mediation

    • Engage a mediator to facilitate discussions.
    • Mediation is often quicker and less formal than court proceedings.
  3. Arbitration

    • Consider arbitration as a private dispute resolution method.
    • Provides a structured yet flexible approach to resolving disputes.
  4. Seek Legal Advice

    • Consult with a lawyer specializing in Egyptian commercial law for guidance on your case.
  5. File a Lawsuit

    • If other methods fail, file a lawsuit in the appropriate Egyptian court.
    • Prepare necessary documentation and evidence.
  6. Court Proceedings

    • Attend hearings and present your case.
    • Follow the legal procedures as guided by your attorney.
  7. Judgment and Enforcement

    • If a judgment is made, ensure its enforcement through legal channels.

Costs

  • Mediation and Arbitration Fees: Vary depending on the service provider.
  • Court Filing Fees: Depend on the jurisdiction and case type; consult local courts.
  • Legal Fees: Vary based on the lawyer and complexity of the case.

Key Contacts

  • Egyptian Judiciary
  • Cairo Regional Centre for International Commercial Arbitration (CRCICA)

When considering doing business in Egypt, it’s important to understand various influential factors. Here’s an overview:

Social and Cultural Factors

  • Language and Communication
    • The official language is Arabic.
    • Building relationships and trust is crucial in business dealings.
  • Business Etiquette
    • Formal greetings and respect for hierarchy are valued.
    • Networking and personal connections are important.

Political Environment

  • Government Structure
    • Egypt is a unitary semi-presidential republic.
    • Political stability and government policies can impact business operations.
  • Regulatory Environment
    • The government encourages foreign investment but navigating bureaucracy can be complex.

Economic and Foreign Exchange Factors

  • Currency
    • The official currency is the Egyptian Pound (EGP).
    • Exchange rates can fluctuate, affecting import/export costs.
  • Investment Climate
    • Offers incentives for foreign investors, especially in sectors like energy and infrastructure.

Rule of Law

  • Legal System
    • Based on civil law influenced by French and Islamic law.
    • Property rights and contract enforcement are generally respected.
  • Intellectual Property
    • IP laws align with international standards and are enforced by the Ministry of Supply and Internal Trade.

Infrastructure

  • Transportation and Logistics
    • Developing infrastructure with major highways and ports.
    • Cairo and Alexandria are key commercial hubs.

Relevant URLs

Our Members Include Leading Organizations in Egypt

Ask our Experts on Doing Business in/with Egypt

If you’re looking to do business or invest in Egypt, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.