The Egyptian legal system, similar to most civil law legal systems, the French Civil Code System (Code Napoleon), which is based on a civil code that covers personal rights, the law of contracts, obligations, and elements of civil responsibility.
In addition, there are specific codes dealing with other areas of law, such as the Commercial Code, which complements the Civil Code in certain areas of commercial law, and the Code of Civil Procedures. These Codes refer basically to private law and public law, which includes administrative legal matters relating to the functions and legal relations of state bodies, whether between themselves or with private persons.
International Contracts Lawyers
At ALZAYAT Law Firm, we advise on all contracts’ categories such as the contracts with issues related to competition law issues including reviewing potential anti-competitive agreements and practice, advising on the implications of commercial agreements, and assisting clients by preventing their suppliers, customers, and competitors from carrying out anti-competitive strategies and/or practices against their businesses.
Moreover, our advice to our clients covers a wide range of commercial law contracts including and supply, partnering, agency and distribution, franchise, logistics and warehousing, facilities management, management arrangements, commercial outsourcing, joint ventures, partnerships, and strategic alliances. We believe in the strategic alliance as a business medium, we understand its importance to our client’s businesses and have significant experience implementing strategic alliances by way of joint ventures.
Further, as a general principle under the Egyptian Civil Code No. 131 of 1948 (the “Civil Code”), the legal effect of a contract shall be applied only to the parties thereof in which, the rights and obligations under the said contract shall only be enforceable vis-à-vis these parties. This being said that the said legal effect shall not be applied to any third party whether the said effects are rights or obligations and whether the source of obligation is a formal or an informal deed unless the parties agreed otherwise. This general principle is also confirmed by several judgments. Consequently, the breach of the contractual obligations commits the responsibility of the wrongdoer party and our team is ready to help you to claim the said contractual obligation no matter the contract category is.
Furthermore, the new Importers Registry Law (Law No. 7 of 2017) liberalized the Egyptian market to foreign investors. The new Law opens the door to foreigners to import and trade in Egypt by them providing the right to own a stake of maximum 49% of the shares in trading companies. Before 2017 importers had to be 100% Egyptian owned by law. We represent our clients in applying for import and export licenses at the General Organization of Export and Import Control (GOEIC). Our lawyers also represent factories, manufacturers, or trademark owners of regulated products with the registration with GOEIC in order to continue to export to Egypt. The registration can be done either by factory or brand.
And seeing that the International commercial law is a body of legal rules, conventions, treaties, domestic legislation, and commercial customs of usages that govern international commercial or business transactions. We advise clients on international commercial transactions if more than one country is involved.
Our experienced team of lawyers regularly act on all aspects of corporate and personal insolvency and work closely with financial advisers/consultants, receivers and managers, liquidators, and special administrators in such matters. Our services include advising on corporate structures, seeking the relevant approvals, conducting due diligence exercises, and drafting and negotiating debt-restructuring agreements. We also advise and enforce the rights and remedies available to creditors or target corporations in the courts or other venues of judicial process.
The duties and responsibilities of our contract lawyer include drafting contracts, reviewing contracts and ensuring our clients’ rights are protected. Our lawyers are experienced in the requirements of contracts and how to make sure they will be enforceable. These types of contracts must often include certain legal elements and language. Our contract lawyer will help a business or individual include the necessary terms needed for their business needs as well as include any legal language the individual may not know is necessary.
On the other side, usually within the drafting process parties may neglect that a dispute may arise in the future regarding, for example, the validity of the contract, at this moment many questions can arise; what is the law governing this contract? To any jurisdiction parties will refer their dispute to. What will be the method of settlement in case the dispute arises? These clauses are very important clauses to be considered when drafting a contract to avoid legal uncertainty. Among those clauses we can mention Choice of Law clause, Jurisdiction clause, Litigation and Arbitration.
Also, our contract lawyers specializes in providing assistance with business contracts. They have knowledge of contracts, contract requirements, and laws governing contracts in their area.
We do draft, review and negotiate business agreements for our clients .also we are specializes in sales agreement contract review and intellectual property contracts. Intellectual property contracts as will licensing the complex intellectual property.
Moreover, our contract lawyers specialize in tax contracts in order to help our clients with things such as property tax, international tax and corporate taxes, employment contracts, affiliate agreement and subscription agreement .
In light of the above, parties, need to double check the above clauses carefully when drafting the contract, asking for legal advice will help. Addressing the governing law and the jurisdiction is one of the most important and critical clauses to be included in the contract and failing in determining those clauses might lead to unpleasant consequences. So, giving attention in including valid clauses and not just cut and paste from a previous contract will eliminate any risk to be found and guide the parties whenever a dispute arises. Our team of attorneys typically work for your benefits.
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 further inquiries please don’t hesitate to reach out for us.