Table of Contents
- 1 Is Egypt a good place to start a business?
- 2 Where is most industry located in Egypt?
- 3 How much does it cost to start a company in Egypt?
- 4 Can a foreigner start a company in Egypt?
- 5 How many factories are there in Egypt?
- 6 How do I start a business in Egypt?
- 7 How to start a cyber cafe business in Egypt?
- 8 What are the major cities in Egypt?
Is Egypt a good place to start a business?
Egypt is a great place to start or expand your business. The country enjoys a welcoming business environment; offering protection, enormous growth opportunities besides a long list of incentives offered by the government for foreign companies.
Where is most industry located in Egypt?
Greater Cairo, Alexandria, and Helwan are Egypt’s main industrial centers, producing iron and steel, textiles, refined petroleum products, plastics, building materials, electronics, paper, trucks and automobiles, and chemicals.
What are some manufacturing areas in Egypt?
The Gulf of Suez, the Western and Eastern Deserts, and the Sinai Peninsula are Egypt’s top oil-producing regions. The biggest of all refineries in the country is the El-Nasr Refinery situated in Suez, which has a capacity of refining about 0.146 million barrels of oil each day.
How much does it cost to start a company in Egypt?
Egypt company incorporation costs for an Egyptian LLC in Year 1 are US$9,750 and annual company costs in Year 2 and thereafter are US$2,450. Average engagement fees, including company incorporation, opening a business bank account, and all government fees are as detailed in the table below.
Can a foreigner start a company in Egypt?
Generally, foreigners form their businesses under either Law of Commerce 17 (1999) or Companies Law No. 151 (1981). Most foreign companies operating in Egypt are joint stock or limited liability companies.
Does Egypt have factories?
Manufacturing of Egypt. Most large-scale manufacturing establishments were nationalized beginning in the 1950s, and emphasis was placed on developing heavy industry after a long-term trade and aid agreement was reached with the Soviet Union in 1964.
How many factories are there in Egypt?
This has coincided with a rise in the number of factories from 2490 to 3000 and the number of employees from 280,000 to 600,000.
How do I start a business in Egypt?
How to Register a Company in Egypt: The Complete Process
- Procedure 1: Trade Name Clearance Certificate (done by client)
- Procedure 2 Obtain a certificate from an authorized bank (done by client)
- Procedure 6 Issuance the notification of incorporation (done by GAFI)
What are the best business ideas to start in Egypt?
If you are thinking of a business to establish in Egypt, then you should consider starting an internet cyber café. You would need a dozen or half a dozen laptops/ computers, tables, chairs, internet router, Air conditioner, and a suitable facility to run this kind of business. 8. Video Game Centre
How to start a cyber cafe business in Egypt?
If you are thinking of a business to establish in Egypt, then you should consider starting an internet cyber café. You would need a dozen or half a dozen laptops/ computers, tables, chairs, internet router, Air conditioner, and a suitable facility to run this kind of business.
What are the major cities in Egypt?
Egypt is a regional power and also the 3 rd largest country in Africa with a population of about 87 Million people. Aside from Cairo which happens to be the largest city in Egypt, Alexandra and Nile Delta are also major cities in Egypt. Although Arabic is the official language of Egypt, but English language is also widely spoken all over Egypt.
How to start a car rental business in Egypt?
You can start this business with 2 or 3 reliable cars and there are the possibilities of building the business to a level where you can have your offices in key cities in Egypt. The truth is that people rent cars in Egypt for different purposes and it is almost like a culture in Egypt.