Company establishing
We provide all legal services to new and existing companies as an agent for the company. Our office provides all aspects of our company establishing services, including assisting foreign individuals and other business entities in establishing their legal presence.
Our Experience
Our specialized experience and extensive knowledge enable us to process company establishing procedures quickly and efficiently. We can register all types of companies, whether they are joint-stock companies, partnerships, or sole proprietorships, as well as foreign companies in Egypt. Companies can be established in several ways, depending on the type of company chosen by the founders. This will determine the legal liability of the owners and their tax treatment. The following are the most common options for companies and their characteristics.
Personal Companies
Personal companies in Egyptian law take three forms: general partnerships, limited partnerships, and joint-stock companies. The most important distinguishing feature of these companies is that they are based on personal consideration and mutual trust between the partners. Personal companies share common characteristics and provisions.
General Partnerships
A company formed between two or more individuals for commercial purposes, using a specific address that includes the names of one or more partners. Each partner is personally liable to third parties for the company’s debts, to the extent of all their assets, and jointly with the company and with other partners.
Joint Partnerships
A hidden company formed between two or more individuals, each contributing a share of money or labor to carry out a single business or a series of businesses. This company does not acquire legal personality or undergo registration procedures, allowing the company to share whatever profits or losses it may have.
Limited Partnerships
A company formed between one or more jointly liable partners, and one or more partners who own the company’s assets but are not involved in management and are called “recommenders.”
Capital Companies
A company based on financial considerations, with personal considerations being diminished. The form these companies take is:
Joint Stock Companies
A company whose capital is divided into shares of equal value, which are tradable in the manner specified by law. The shareholder’s liability is limited to paying the value of the shares subscribed for, and he is liable for the company’s debts only up to the amount of shares subscribed. The company adopts a trade name derived from the purpose for which it was established.
Limited Share Partnerships
A company whose capital consists of one or more shares owned by one or more general partners and shares of equal value subscribed to by one or more shareholders, which are tradable in the manner specified by law. The general partner or partners are liable for the company’s obligations with unlimited liability, while the limited partner is liable only up to the value of the shares subscribed. The company’s name consists of one or more of the names of the general partners, to the exclusion of others.
Limited Liability Companies
A company with no more than fifty partners, each of whom is liable only to the extent of his or her share. It is not permissible to establish it, increase its capital, or borrow on its behalf through public subscription, nor is it permissible for it to issue tradable shares or bonds. The transfer of partners’ shares therein shall be subject to the partners’ recovery in accordance with the special conditions contained in the partnership contract, in addition to the conditions stipulated in this law. It may adopt a special name, and its name may be derived from its purposes, and its address may include the name of one or more partners. Learn More ←Our clients
