New Egyptian Investment Law and impetuses for outside speculators

Create a Company in Egypt | Doing Business in Egypt
Create a Company in Egypt | Doing Business in Egypt Fathalla CPA – specialist in performing Companies in Egypt , we have super skills to cover you doing a reliable business in Egypt and middle east. Our clientele are truly international; we work with national and multinational firms from all over the world, for instance, the UK, the Netherlands, Japan, Kuwait, Pakistan and Turkey. Our Services All Tax Services Auditing & Assurance, Accounting & Bookkeeping, Establishing all forms of companies, Legal services, Feasibility Studies, Zakat Services, Establishing financial & accounting system, Training Courses. http://www.fathalla-cpa.com/

New Egyptian Investment Law and impetuses for outside speculators

The Egyptian Investment Law gives a progression of

impetuses for financial specialists. The most recent correction to the

law was on 12 March 2015, Law No. 117/2015, which has

presently been went with on 6 July 2015 by the Executive

Directions (“Regulations”) presenting new impetuses.

Changes to the Law incorporate a lessening of offers assessment, a

one-stop-shop organization framework, arrive aura and

question settlements.

Updates to existing articles

Decreased traditions rate

The brought together traditions rate diminishes from 5% to 2% on

imported apparatuses, hardware, and apparatus fundamental for

the foundation of the business.

Decreased Sales charge rate

There is a decline in the business charge rate from 10% to 5% on

imported apparatuses, hardware, and hardware essential for

the foundation of the business.

Deny foundation of private Free Zones

There are no private free zone licenses being allowed by

the GAFI.

Create a Company in Egypt | Doing Business in Egypt

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s