Invest in Egypt

Invest in Egypt


At NZ, our experts are able to help you to invest in Egypt and benefit from the promising opportunities in all areas. Based on our long-standing experience and distinctive relationships with our clients, we will help you to take the right path. Our services range from selecting the proper sector to invest in based on the criteria of return and risks, provision of economic feasibility studies, the establishment of business procedures to offering finance, management, accounting and tax consults and provision of resources.

How we can help you

    Investment in Egypt

    The strategy of the 4th industrial revolution adopt by the Arab Republic of Egypt, the launch of the digital government projects and the establishment of the smart village to benefit from the recent digital technologies are all intended to provide a distinctive experience to the citizens, the residents and the visitors.  Our experts in NZ are ready to help you to invest in Egypt and to benefit from the promising opportunities in all fields.  Our services range from selecting the proper sector to invest in, provision of economic feasibility studies, the procedures of business establishment, provision of finance, management, accountancy and tax-related consults and the supply of skilled and trained human resources.

    Why you should invest in Egypt

    Robust economy and enabling environment for investment

    Since 2016, Egypt’s government has implemented an ambitious program of economic reforms, including financial and monetary reforms, with the aim of achieving accelerated and sustainable growth rates and realizing the comprehensive development in Egypt. This program set effective solutions to the structural economic problems from which Egypt’s economy suffered for a long time. The milestones of this program are implemented in the context of the vision “Egypt 2030”, which reflects the long-term strategic plan of the country to achieve the principles and objectives of sustainable development in all fields and to localize the same within the different government authorities.

    Egypt 2030 Vision intends to create competitive, balanced and diversified economy that is based on innovation, knowledge, social justice and economic development and environment. 

    Investment Climate in Egypt

    The investment climate in Egypt witnessed several legislative and institutional reforms, particularly during the last few years, in order to facilitate and simplify the respective procedures for the investor. This contributed to achieving positive outcomes in the field of corporate establishment, in terms of the time, cost and the number of necessary procedures to start a business.  As a result of these reforms, Egypt achieved a quantum leap on the index of corporate establishment in the report of Doing Business of 2020, ranking 90th instead of 109th in 2019 report. 

    The investment map in Egypt

    The investment map provides investment opportunities in all economic filed across all governorates. Moreover, the Investment Law promotes these opportunities, through unprecedented incentives and guarantees.

    For further details of the investment map: https://www.investinegypt.gov.eg/Arabic/Pages/default.aspx

    The Investment Law

    Egypt’s investment Law provides companies established thereunder with a set of incentives, and it also prohibits nationalization, the confiscation and freezing of assets and the government’s intervention in pricing the products of these companies.

    The Law provides protection for the investors, and it sets a group of new incentives in addition to the existing ones. It provides also new methods for settling the investment disputes. The Law introduces procedural reforms that contribute to eliminating the bureaucracy and simplifying the procedures of doing business, in order to promote transparent and ensure equality of opportunities.

    For further details, click here: https://www.investinegypt.gov.eg/arabic/pages/lawsandregulations.aspx

    The most prominent achievements made under the new Investment Law in Egypt:

    Getting finance: a robust foundation was laid for the supporting and developing the small and medium size enterprises, through promoting the financial inclusion.

    Easiness of starting a business: several options are given to the investors to facilitate the procedures of registration and applying for licenses. The last administrative reform facilitates the investment procedures and reduces the time for applying for investment licenses, purchasing land and obtaining the utility services. Below are the options available for the investors to execute the investment procedures:

    The one-stop shop system at the General Authority for Investment and Free Zones: the one-stop shop system is applied effectively under the new Law, through decentralization and the presence of a number of representatives of the concerned authorities at the Investor Service Center who are enabled to sign on the investor’s documents.

    Availability of Accreditation Offices across Egypt: for the first time, third parties from the private sector will assist the government, where they will examine the investors’ applications and documents submitted for obtaining the licensing approvals, through these independent Accreditation Offices.

    Protecting the investor: Mechanisms were set to ensure that the investor’s property will not be nationalized. These mechanisms also ensure that no arbitrary decisions or the ones involving discrimination or abuse of power will be executed. The Law activates the guarantees for protecting the investors through a number of committees, such as: “the Ministerial Committee for Settlement of Investment Disputes” that convenes twice a month after it was convening once every two months when first formed in 2016. Moreover, this Law obligates the concerned bodies to implement the Committee’s decisions within 15 days.

    Creation of competitive arena: competitiveness was promoted, monopoly was eliminated and governance and transparency were encouraged. Most importantly, clear timetables for processes of geting approval were set. Therefore, Egypt’s Investment Law is a revolutionary step towards getting rid of red tape and reducing bureaucracy.  

    Governance: the rules of good governance at the General Authority for Investment and Free Zones were demonstrated, and the roles and powers were set for the Supreme Council for Investment, which assumes setting the investment policies and strategies, according to the social and economic objectives in Egypt.Equality of opportunities and creation of job opportunities: instead of directing the economic sectors via the public incentives, the new Law supports the social inclusion of the marginalized categories in the country, increases the job opportunities and reduces the monopoly of the huge businesses, through a set of economic incentives targeting in particular the areas most in need for development, namely: A- The geographic areas of low income, B- The labor-intensive industries and C- the small and medium size enterprises. This Law directs specified sectors that serve to form economic clusters in different areas of the country

    Sectors:

    • Industries operated by the renewable energy.
    • Mega- projects.
    • Generation and distribution of electricity projects.
    • Export-based businesses.
    • Car manufacture.
    • Agro-industry.

    For further details on the Law: https://www.investinegypt.gov.eg/arabic/pages/lawsandregulations.aspx