Administrative contracts have evolved in Egypt. Historically, the Egyptian legal system leaned on the French Civil Code (Code Napoleon). This code defined human rights, contracts, and obligations. Initially, all contracts, including state contracts, fell under this code.
Evolution of Egypt’s Administrative Contracts
Historically, the Egyptian legal system took cues from the French Civil Code (Code Napoleon). This influential code set the groundwork for human rights, contracts, and obligations. However, a turning point emerged. As the state’s role expanded, it became evident that specialized rules for administrative contracts were necessary.
Modernizing Administrative Contracts: The 2018 Law
In 2018, Egypt saw a significant shift. Law no. 281, effective from October 3, 2018, aimed to:
- Streamline planning and execution for public contracts.
- Modernize sales and purchasing methods.
- Tighten control over public funds.
- Enhance principles like transparency and competition.
- Curtail fraud and corruption.
- Introduce tech-driven management approaches.
Following this change, Egypt witnessed a boom. The government engaged in numerous collaborations with both local and global companies. Consequently, the subsequent five years reflected remarkable progress.reach out for us.
ALZAYAT Egypt’s First International Law Firm: Beyond Legal Representation
At our firm, we don’t just offer legal guidance; we build partnerships. Top corporate lawyers in Egypt dissect agreements for competition law intricacies, provide insights into trade agreements, and steer clients away from potential pitfalls.
Moreover, we Dive into public law contracts, including those for supplies and concessions. Recognizing the power of partnerships, we also facilitate joint ventures.
According to the Egyptian Civil Code No. 131 of 1948, contracts affect only those who sign. Nevertheless, contract breaches can bring about severe consequences. Should you navigate such waters, we stand ready to assist.
Interestingly, 2017 marked a new era. The Importer Register Law (Act No. 7 of 2017) liberalized the Egyptian market. Foreign stakeholders can now hold significant shares in trading entities. Our team is poised to guide through the maze of permits and registrations.
In the World of global trade, complexities abound. We equip clients with the tools to sail through these challenges, ensuring seamless international dealings.
Our commitment is all-encompassing. From securing approvals to handling disputes, our seasoned lawyers tackle every challenge head-on. Above all, our focus remains: to protect and champion your interests.
ALZAYAT Egypt’s First International Law Firm is a leading global law firm. We specialize in assisting private clients, drawing from global resources to meet all needs. Our expertise in multijurisdictional disputes sets us apart, and our specialists consistently rank among the best. The Legal 500 , hg.org and Global Law Expert For any further inquiries please don’t hesitate to reach out for us. At ALZAYAT Egypt’s First International Law Firm, we’re more than a law firm; we’re your global legal partner.