Alzayat: The Premier Law Firm for Representative Office Establishment in Egypt, Establishing a representative office in Egypt can be a complex and challenging process, but with the right legal representation, it can also be a smooth and successful experience. That’s where the team of experienced lawyers at Alzayat comes in.
The Expert Lawyers for Representative Office Establishment
At Alzayat, we have a team of lawyers who specialize in assisting clients with the process of representative office establishment. Our attorneys have a deep understanding of the legal requirements and processes involved, and they are dedicated to ensuring that our clients’ representative office establishment is a success.
The Benefits of Working with Alzayat
When you choose Alzayat as your legal representative, you can be sure that you are in good hands. Our lawyers are committed to providing expert legal guidance and support, and they have a proven track record of success. We understand the importance of effective communication and collaboration, and we work closely with our clients to develop a customized legal strategy that meets their specific needs.
Our Commitment to Excellence
At Alzayat, we are committed to providing our clients with the highest quality legal services. Our lawyers are highly skilled and knowledgeable, and they stay up-to-date with the latest developments in the field to ensure that they can provide the best possible advice. We believe that our clients deserve nothing less than the best, and we are dedicated to providing them with the support they need to succeed.
Contact Us Today
If you’re looking for the best representative office establishment lawyers in Egypt, look no further than Alzayat. Our team of experts is ready to help you navigate the complexities of the legal system and ensure a smooth and successful establishment. Contact us today to learn more about how we can help you.
Establish Your Representative Office with Expert Lawyers from Alzayat Law Firm
Foreign companies can establish representation in Egypt, liaison, or scientific offices. The object of such offices is limited to studying the Egyptian market and exploring the possibility for their companies to manufacture or carry out business in Egypt.
This is without actually performing any kind of commercial activity including commercial agency work, or performing any activity which may generate income.
Representation, liaison, or scientific offices should be registered at the Companies Department before they are allowed to work in Egypt.
The manager of the representation, liaison, or scientific office can be a foreigner. But the manager of a scientific office of a pharmaceutical company, which is registered at the Imports and Exports Authority, must be an Egyptian who is a licensed member of one of the medical professions in Egypt.
There is no minimum capital for a representation, liaison, or scientific office, but the funds required to establish any such office and to run it should be transferred from abroad in foreign convertible currency and deposited at one of the accredited banks in Egypt.
However, scientific offices of pharmaceutical companies are allowed to use the royalties and promotion allowances accruing thereto as indicated above in meeting their expenses or part thereof.
On the other hand, the managers and employees of these offices are subject to the salary tax on the salaries and other remunerations they receive.
To register a representative office, the concerned foreign company, or its attorney, should submit an application to this effect to the Companies Department (or the Imports and Exports Control Authority in the case of scientific offices of pharmaceutical companies) with the following documents:
1) A legalized copy of the memorandum and articles of association of the foreign company with a recognized translation, which must be certified.
2) A legalized copy of the company’s board of directors’ resolution to establish a representative office in Egypt to study the Egyptian market and explore production possibilities without being engaged in any trading or profit-oriented activities.
3) Appoint a manager for the representative office.
4) A certificate from one of the accredited banks in Egypt stating that the foreign company has a convertible foreign currency balance (no minimum amount is required) and that the currency has been transferred from abroad.
5) A certified check for L.E. 1000 as registration fees in the name of the Ministry of Foreign Trade.
6) A copy of the rental contract of the representative office in Egypt.
7) Registration of a representative office usually takes about one month to complete.
alzayat international law firm is one of the few major law firms with a sophisticated worldwide Private Clients practice. Our unparalleled global resources allow us to provide one-stop, comprehensive service to meet all of our clients’ needs, wherever in the world their assets or family members may be. They also make us uniquely qualified to handle complex, multijurisdictional disputes, that is why our clients have selected us to handle some of the largest cases in this field, Our specialist are ranked in The Legal 500 , hg.org and Global Law Expert as best experts in this field.For any legal inquiries, please do not hesitate to contact us.For any legal inquiries, please do not hesitate to contact us.