Creation of own business – serious and laborious business, especially abroad. As a rule, its opening is preceded by thorough training and planning. One of the main stages in the organization is registration of firms (Open Company registration, Sole Proprietorship and other forms). For those who faced once necessity of registration of the enterprises, there will be no revelation that fact that registration of firms is long, exhausting procedure. Our professional lawyers during business registration will help to save not only money, but also nervous cages of the client. Our lawyers not only will consult you concerning registration of the enterprises, but also will prompt, what organizational-legal form is better for choosing in this or that sphere of business. It can be registration of the Society with limited liability, joint-stock company, partnership, and also registration of the enterprises of other patterns of ownership.
 

Shareholding Company

Capital no less than 250 000 Egyptian pounds (25 % deposit in the bank) can be done in two phases, 10% before the foundation of the company and 15% within 3 months, and the rest of the capital is deposited in stages over 5 years.

Partners: 3 partners at least holds that all non Egyptian partners, and they are responsibility of each partner within the limits of its contribution in the capital.

Governing Council: 3 members shall be all non-Egyptians.
 
Auditors: The company should appoint an auditor.

Advantages: It is preferred form for companies operating in important activities such as real estate and construction projects (tourism, industry and etc.)
   

Limited Company

Capital: any amount of Money (1000 pounds, for example), deposited 100% in the bank before incorporation.

Partners: 2 at least holds that all non-Egyptian partners, and they are responsibility of each partners within the limits of its contribution in the capital.

Management one or more managers, including at least Director of Egyptian.

Auditors: The company should appoint an auditor. 

Advantages: It is simplest form of joint stock company for companies operating in various activities.

 

Partnership (individual firms)

Capital: shall not less than 300 thousand pounds will not deposit any amount in the bank before incorporation.

  Partners: at least 2 may be all the partners non Egyptian, at least one of the partners is a main partner responsible guarantor of Company and the responsibility of the other partner within the limits of its contribution in the capital.

Management: one or more managers are not required to be, including an Egyptian partner.

Auditors: The company does not appoint an auditor.

Advantages: It is the simplest form of companies that operate in any activities) in particular, real estate investment and tourism projects).
 

 Our lawyers in perfection own several foreign languages – English, Russian, Italian etc. Here some of them:

Employees of head office in Sharm el Sheikh:

1. Mr. Ahmed Hussein Abdel Aziz - Lawyer of the Supreme Appeal court, tel. +20101530933, ahmed@vipnet.su  

2. Miss. Marina Kazakova  - Russian Lawyer, tel. +20193167119, marina@vipnet.su  

3. Mr. Ashraf Saber el Gazar - Lawyer of the Supreme Appeal court.

4. Mr. Mahmud Mohammed Ibrahim.

5. Mr.  Ali Bahlul el Sheikh - Lawyer of the Supreme Appeal court.

Branch of Sinai, city El Tour
– Sharm el Sheikh.