What you can expect from us?
NAL Law provides corporate legal services including online company formations under our portal Companies Express™. We are corporate lawyers who are accredited by the General Authority for Free Zones & Investment (GAFI) in Egypt to form companies and are members of the Lawyers Syndicate; thus ensuring our clients get the best quality legal services as we are always up-to-date and compliant with current regulations and legislation. Please take 5 minutes to read our guidance on company formation below, detailing the types of companies, the Companies Express ™ service and other online legal services. If you need any assistance, please contact us.
Checkout our pricing details for Company Express™ service
Providing a limited liability company with maximum capital of 1000EGP (around 63USD)
All Features of Lite Package, PLUS
All Features of Premium Package, PLUS
Company Formation
To be able to conduct
any business or trade activity in Egypt, you need to either register as an
individual trader or to form a company under Companies Law no. 159/1981. Under
the Companies Law, all companies should appoint an accounting auditor and submit
annual financial statements. One can either form a one-person limited liability
company, a two-persons or more limited liability company, a three-persons or
more joint stock company. A limited liability company has the advantage of a
simple management structure and can be managed by one manager who is also a
shareholder, compared to the joint stock company where you should have a board
of directors made of three persons at least. The Company Express ™ online
service from NAL enables you to form your limited liability company (as one or
more shareholders) within 72 hours from your desk provided you have the
required documents. You can watch the video to show you the steps involved and
you can read more to understand the various forms of companies available to you
in Egypt.
1. One person companies (a limited liability company)
A one-person company is
a limited liability company, and hence the financial liability of the founder
is limited to the capital of the company. The law provides the one-person
company the same protection from financial liability it provides to the
liability company provided the founder did not commit commercial fraud or tax
evasion. It can be managed by one or more managers appointed upon formation.
The capital can start as low as 1000EGP, and is distributed over a number of
quotas.
The limited liability
company from is the most popular among start-ups, as it allows two or more
individuals or companies to share profits and losses while restricting their
financial liability to the capital of the company.it can be managed by one more
managers appointed upon formation. The capital can start as law as 1000EGP, to
be divided in quotas to be distributed between the quota holders.
This company structure is commonly used for large enterprises, or long established business persons or entities. It is characterized by its management structure that includes a board of directors, meeting regularly to manage the company’s enterprise. Its capital should be a minimum of 250.000(two hundred and fifty thousand) Egyptian pound divided over shares distributed between three or more (unlimited) shareholders.
We offer establishment of joint stock companies offline and you can contact us for more details.
