Company incorporation lawyer in Egypt

Company incorporation lawyer in Egypt “Company incorporation office in Egypt”

“Procedures for establishing companies in Egypt” “Steps for establishing companies in Egypt”

 It became clear after the abolition of the Investment Incentives Guarantees Law No. 8 of 1997 and the issuance of Investment Law No. 72 of 2017 and the amendments to the Companies Law No. 159 of 1981 that it is not easy to get acquainted with all those laws related to the establishment of companies in Egypt for the average person, especially with the speed and abundance of legislation and procedures related to the incorporation of companies in Egypt. Company incorporation lawyer in Egypt – Corporate incorporation lawyer in Egypt

– Therefore, one of the most important services that we perform is the service of establishing companies in Egypt and carrying out all legal services for those companies, including the procedures for establishing and registering them, and everything related to legal issues related to this company through its legal agency. Where we provide legal assistance to individuals, whether Egyptians or foreigners, “the foreign investor” or commercial entities, to establish companies and carry out their legal activities, and assist them in choosing the legal form for their companies that is appropriate for their activity in accordance with Egyptian law. Since we have great experience in establishing and registering companies in Egypt in the fastest time, with the highest accuracy and efficiency. In addition, we provide the service of opening branches for foreign companies in Egypt, which is also a service closely related to the establishment of companies in Egypt. As we mentioned earlier, one of the most important factors for the success of establishing companies in Egypt is choosing the appropriate legal form for their activity and the size of their investments, as there are many types of companies, as each type of these companies is characterized by some features and advantages, and we will discuss some of them as follows: – Lawyers for establishing companies in Egypt

“Attorney for establishing companies in Egypt”

First: Money companies: – Attorneys for establishing companies in Egypt

They are companies based on financial consideration and have no effect on the personality of the partner. The lesson is what each partner provides in terms of money. Therefore, the company is not affected by what may happen to the partner in terms of death, bankruptcy, or other forms:

1- Shareholding companies: (LLC): – They are companies in which the capital is divided into shares of equal value and negotiable by commercial means. The partners in them are not called merchants and they are not asked about the company’s debts except within the limits of the value of the shares. that they shared. Those who own shares can dispose of those shares without affecting the rest of the other shareholders. Company incorporation lawyer in Egypt

2- Mixed companies: They are companies based on financial and personal considerations at the same time and include the following:

A- Partnerships limited by shares: A partnership limited by shares consists of two categories of partners: – Attorneys for the incorporation of companies in Egypt 1- Joint partners: Their number is not less than two, who are asked in their own money about the company’s debts and obligations arising therefrom. 2- Shareholders: Their number shall not be less than three, and each partner of them shall be liable, according to his shareholding, for the company’s debts and obligations.

B – Limited Liability Company: (LLC), and sometimes it is sufficient to simply abbreviate LLC. It is a company consisting of two or more persons, and the responsibility of the partner in it for its debts, liabilities, and losses is to the extent of his share in its capital. If the partner dies, the share of the partner shall be transferred to his heirs or to whoever bequeaths any share to them. The number of partners in this company shall not exceed fifty. Company incorporation lawyer in Egypt

Company incorporation procedures

Experts in company establishment procedures in Egypt

“Establishment of an Egyptian joint stock company – Establishment of a limited liability company – Establishment of a partnership limited by shares”

Second: Personnel companies:

They are companies that are based on personal consideration, and consist mainly of a small number of people who have a certain relationship such as kinship or friendship, and each trusts the other in his ability and competence. Therefore, the death, interdiction, bankruptcy or withdrawal of one of the partners originally entails company solution. This type of company includes the following:

1- Sole Proprietorship Company: Sole Proprietorship Companies are the supposed option to be a sole proprietor. This option is less common and less complicated in terms of incorporation procedures than other commercial companies. This is due to the lack of need to know how to distribute profits. And being the sole owner does not prevent you from using a commercial name different from your real name, but the owner bears direct responsibility for the gains, losses and assets. The company is also subject to the income tax system.

2- Solidarity Company: It is the ideal model for a partnership of persons, where each partner in it is jointly liable, and in all his money for the debts of the company, and each partner acquires the status of a merchant.

3- The Limited Partnership Company: It consists of two groups of partners: general partners who are subject to the same laws to which the partners in the general partnership are subject, so they are jointly and unspecified liability for the company’s debts and acquire the status of a merchant, and silent partners who are not asked about the company’s debts except within the limits of their shares. They do not acquire the status of a merchant and do not participate in the management of the company.

4- The joint venture company: It is a commercial company that is formed between two or more persons whose business is practiced by an apparent partner who deals with others, so that the company is limited to the special relationship between the partners, provided that it is permissible to prove the partnership between the partners by all methods of proof, consisting of two parties and for the purpose of eliminating common things.

5- One-person company: Investment Law No. 72 of 2017 introduced a new form of individual companies, which is the one-person company. The legislator stipulated that the capital of this company should not be less than 50,000 pounds, and it was then amended to become 1,000 pounds. Characteristics of this type of company:

* The limited liability of the owner of this company: – Since he has specified part of his financial liability for the activity of that company, and therefore he is responsible only within the limits of the amount of his share in the capital of the company, meaning that he has allocated part of his financial liability for investment in a specific activity and with a specific capital. Losses The rest of his money will be safe from the losses of this project.