Egypt: Compliance

There has been a marked increase in the significance of IPO readiness in Egypt since the implementation of the State Ownership Policy and the Government’s privatization program, which seek to broaden private sector participation, increase market liquidity, attract foreign direct and portfolio investment, and maximize value from selected state-owned enterprises through public offerings.

Egyptian import law mandates strict registration requirements for companies engaging in import activities, including specific capital thresholds, legal entity structures, and compliance with the General Organization of Export and Import Control (GOEIC). Understanding these legal frameworks is essential for businesses seeking to operate within Egypt's regulated trade environment while avoiding penalties ranging from transaction invalidation to criminal liability.

Egypt's Investment Law 72 of 2017 has transformed the country into a prime destination for foreign investors, offering full ownership rights, legal protections, and tax incentives. Meanwhile, Resolution No. 77 of 2023 introduces substantial cash investment incentives for industrial projects that meet specific foreign financing thresholds, creating unprecedented opportunities for strategic industrial investment in designated development zones.