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Complete guide: entity types, registration, costs, taxes, labor laws, and break-even analysis
~39 days
Setup Time
~$615
Setup Cost
22.5%
Corporate Tax
100%
Foreign Ownership
#114
Ease of Business
| Entity | Min Capital | Foreign % | Liability | Min Shareholders | Best For |
|---|---|---|---|---|---|
Limited Liability Company (LLC) Sharika That Mas'ouliya Mahdouda | None | 100% | Limited | 1 | Most popular for SMEs and foreign investors - no minimum capital, 100% foreign ownership |
Joint Stock Company (SAE) Sharika Musahama | 250,000 EGP | 100% | Limited | 3 | Large enterprises and companies planning to list on the Egyptian Exchange (EGX) |
Branch Office | None | 100% | Unlimited | 0 | Foreign companies executing specific contracts or government tenders in Egypt |
Representative Office | None | 100% | Unlimited | 0 | Market research and promotion only - cannot conduct commercial activities or generate revenue |
Obtain Investment Map Approval (GAFI)
Register with the General Authority for Investment and Free Zones (GAFI) and obtain investment approval
2-5 days
~$100
General Authority for Investment and Free Zones (GAFI)
Reserve Company Name
Submit name reservation application through the Commercial Registry office
1-3 days
~$15
Commercial Registry
Draft Articles of Association
Prepare articles of association and have them authenticated by a lawyer and notary public
2-5 days
~$300
Notary Public / Lawyers Syndicate
Register at the Commercial Registry
File all incorporation documents and obtain the Commercial Registration certificate and tax card
3-7 days
~$200
Commercial Registry
Register with Egyptian Tax Authority
Obtain a tax registration number and register for VAT if annual turnover exceeds the threshold
3-7 days
Free
Egyptian Tax Authority
Register for Social Insurance
Register the company and employees with the National Organization for Social Insurance (NOSI)
3-7 days
Free
National Organization for Social Insurance (NOSI)
Open Corporate Bank Account
Open a business bank account at an Egyptian bank with incorporation documents
2-5 days
Free
Commercial Bank
$120/mo
Minimum Wage
$350/mo
Average Wage
48 hrs/week
Work Hours
21 days/year
Paid Leave
2 weeks/year
Severance
18.75% of salary
Employer Social Security
11% of salary
Employee Social Security
Required
Foreign Worker Permit
Foreign Worker Quota: Foreign employees cannot exceed 10% of total workforce. Exceptions available for specialized skills not available locally.
Work Permit Process: Employer applies through the Ministry of Manpower. Work permit valid for 1 year, renewable. Requires proof that the role cannot be filled locally.
#114/190
Ease of Business Rank
12 days
Starting a Business
76 days
Registering Property
1010 days
Enforcing Contracts
30/100
Corruption Perception
72%
Internet Penetration
EGP
Currency
UTC+2
Time Zone
10
Retail (months)
8
F&B (months)
14
Tech (months)
18
Manufacturing (months)
7
Services (months)