World Watch/Egypt/Starting a Business

Starting a Business · Egypt

Starting a business in Egypt: foreigner's guide (2026)

ModerateCompanies Law No. 159 of 1981 and Investment Law No. 72 of 2017, administered by the General Authority for Investment and Free Zones (GAFI) as a one-stop shop; Importers' Registry Law No. 121 of 1982 (as amended) governs trading/import activities.Country index 74 · B+

Egypt shaded by its starting a business status

Egypt permits up to 100% foreign ownership of companies in most sectors, has no minimum capital requirement for limited liability companies, and consolidates incorporation through GAFI's one-stop Investor Service Center. Core registration of an LLC can be completed in roughly 3–7 business days once documents are ready, though full operational readiness (banking, licensing) typically takes several weeks, and a limited set of strategic activities still carry ownership or licensing restrictions.

Key points

Foreign ownership

Foreign investors generally enjoy national treatment and may own up to 100% of an Egyptian company in most sectors, without a mandatory Egyptian partner; only a few strategic activities (e.g. certain Sinai-area operations, commercial agencies) remain restricted.

No minimum capital for LLC

There is no statutory minimum share capital to incorporate a limited liability company (LLC); capital is set freely by the founders, though specific regulated activities may impose their own thresholds.

Setup steps via GAFI one-stop shop

Process: (1) reserve and obtain a non-confusion certificate for the company name; (2) draft and notarize the articles of association; (3) file the incorporation application via GAFI's e-portal or Investor Service Center; (4) on completion, receive the commercial registry entry, tax number, VAT number and social-insurance number, with representatives of multiple ministries co-located at GAFI to issue licenses.

Typical timeline

A basic LLC can be incorporated within a few business days through the one-stop shop once all documents are complete, but full operational readiness (bank account, sector licensing) generally extends the practical timeline to several weeks.

Import/trading activity opened to foreigners

Law No. 173 of 2023 amended the Importers' Registry Law to lift the former 51% Egyptian-ownership requirement, allowing companies up to 100% foreign-owned to register as importers — but their importation license is limited to a 10-year term (renewable for another 10 years by Cabinet decision) and subject to capital/turnover conditions.

Investment Law incentives are optional

Registering a project under Investment Law No. 72 of 2017 is optional and grants fiscal incentives, guarantees and dispute-settlement protections in exchange for closer supervision; companies may instead incorporate purely under Companies Law No. 159 of 1981.

Timeline - major decisions & events

May 19, 2026guidance
Egypt unveils plan to overhaul business licensing and capital rules

GAFI announced a draft overhaul of company licensing and minimum-capital requirements aimed at equalising conditions for local and foreign investors and further easing incorporation. It signals the next phase of streamlining how businesses are started.

Daily News Egypt
Feb 2, 2026guidance
GAFI digital licensing platform offers 460 services from 41 government bodies

GAFI's unified electronic licensing platform consolidated 460 services from 41 government entities, letting investors complete establishment and licensing online. It operationalises the one-stop-shop concept for starting and running a business.

Daily News Egypt
Sep 28, 2025guidanceofficial
Draft new Companies Law mandates electronic approvals within 20 working days

GAFI confirmed the upcoming Companies Law will require all government bodies to issue incorporation-related approvals electronically within a maximum of 20 working days, the same timeframe as the Golden License. Startups are expected to benefit most from the faster, fully digital process.

GAFI
Jun 28, 2022lawofficial
Golden License (single approval) framework simplified

A Prime Ministerial decree amended the Investment Law's executive regulations to make it easier to obtain the 'golden license,' a single approval covering a project's full lifecycle—from incorporation and land allocation to operation—bypassing multiple agencies. It became a flagship tool for fast-tracking major new investments.

UNCTAD Investment Policy Hub
Oct 24, 2019guidanceofficial
World Bank Doing Business 2020: Egypt improves company formation

Egypt rose to 114th overall and jumped 19 places in the 'starting a business' subindex after abolishing the non-confusion certificate requirement and upgrading its one-stop shop. It was named among the world's top 25 reformers that year.

World Bank
Jan 16, 2018lawofficial
Law No. 4 of 2018 introduces the One-Person Company

The most significant amendment to the Companies Law since 1981 created the single-person (One-Person) Company, letting a sole natural or legal person form a limited-liability entity without partners, and allowed electronic board procedures. It opened formal incorporation to solo small investors.

GAFI
Oct 28, 2017lawofficial
Executive Regulations of the Investment Law issued (Decree 2310/2017)

Prime Ministerial Decree No. 2310 of 2017 issued the 132-article executive regulations operationalising the Investor Service Center, fixed service timeframes, and the one-stop-shop. It set the detailed procedures investors follow to incorporate.

GAFI
May 31, 2017lawofficial
Investment Law No. 72 of 2017 enacted

Replacing the 1997 Investment Guarantees and Incentives Law, the new law established GAFI's Investor Service Center as a one-stop shop—enabling same-day electronic company registration when paperwork is complete—plus incentives and investor guarantees. It is the cornerstone of Egypt's modern business-formation regime.

GAFI

Egypt - other topics

Last verified 5/23/2026 · Orientation, not legal advice - verify against the primary sources linked above. Explore the full world map →