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Get detailed information about investment regulations, company formation, and legal requirements in the Economic Zone.
Investment in the Economic Zone is governed by Law No. 83 of 2002 issued concerning Special Economic Zones.
The target industries in the zone include a mix of medium and light industries, such as: • Vehicle assembly and automotive components • Chemicals and petrochemicals • Construction and building materials • Textiles and ready-made garments
For the legal form of a joint stock company to be valid in accordance with the law, the following conditions must be met: • The number of founders must not be less than three persons (natural or legal persons), and this requirement must be maintained throughout the company's existence. • The issued capital must not be less than EGP 250,000, with at least 10% deposited in a bank upon incorporation. • There must be no confusion or similarity in the company's name.
Law No. 159 of 1981 stipulates the following requirements for establishing a limited liability company: • The number of founding partners must not be less than two, provided they have the legal capacity to establish a company. • No minimum capital is required, provided that the partners' shares are equal.