Steps for establishing investment project
Internal Investment System
- Copy of the company contract as its legal aspect: limited partnership, joint company,
joint stock company, limited company, single institution form.
- Authorization instrument for taking the establishment procedures (in case the agent
is responsible of undertaking the procedures).
- Security inquiry form (whether there is a foreign partner).
- Unequivocal of trade name certificate (for joint stock company).
- In case of unavailability of corporal share, an assessment will be present according
to law provisions depending on activity preformed by the company.
- Presenting documents concerning possessing or allocating the project location.
- Deposit certificate by 10% from the capital of joint venture company.
- Presenting a map, if the location of activity is in Sinai.
As follows establishment procedures:
- According to performed activity, presenting needed documents to the reception and
consultation unit to make an initial revision and presenting technical consultation.
- A legal revision for the company contract shall be performed by the legal section.
- The bar of association and real estate registration shall approved the contract.
- Returning the contract once more to the authority legal section to take procedures
for issuing establishment decree.
- Delivering to the owner of the company the ministerial decree as well as a letter
to register office to register the company.
- After obtaining the commercial register, the company obtain its taxes card.
Establishing a free zone system project
- An application for establishing a project is to be submitted to the relevant region
for investment.
- Notifying the investor with the initial approval.
- Offering 1 year check on the approved surface and a check on yearly services in
the amount of half in the thousand from the investment expenses.
- After obtaining the project final approval, the area management allows investors
to establish his project Presenting the project geometric graph approved by the
engineers syndicate to start the establishment.
- After announcing and registering the company in the commercial register, the investor
shall present to the authority a final letter of guarantee fixed according to the
project service kind (industrial warehousing service).
- Delivering the approved land to the investors according to a delivery record.