Egypt Legal Update
The Reorganization of Export Councils
"Egypt Legal Update"
The Ministry of Trade and Industry issued last week two decisions pertaining to Export Councils. The first decision organizes the legal and administrative structure of Export Councils in general while the second decision recomposes the board of directors of a number of key Councils. This
Jun-2022
GAFI Issues Circular Clarifyin
On 13 November 2018, the General Authority for Investment and Free Zones (“GAFI”) issued Circular No. 12 of 2018 with the regulations on purch
GAFI Issues a Decision Activat
On 12 November 2018, the CEO of the General Authority for Investment and Free Zones (“GAFI”) issued Decision No. 736 of 2018 activating the de
Amendments to the Executive Re
The long-awaited amendments to the Executive Regulations of the Capital Market Law (the “Law”) have been finally passed by Prime Ministerial D
Termination of CBE’s Foreign E
The Central Bank of Egypt (“CBE”) announced the termination of the foreign exchange repatriation mechanism as of close of business day of 4 De
FRA Rules for Issuing Short-Te
The Board of Directors of the Financial Regulatory Authority (“FRA”) issued decision No. 172 of 2018 with the regulations for issuing and offe
FRA Rules for Taskik Companies
On 22 November 2018, the Board of Directors of the Financial Regulatory Authority (“FRA”) issued decision No. 176 of 2018 with the requirement
Ministry of Finance Decisions
The Egyptian Gazette recently published two decisions by the Ministry of Finance in relation to tax filing and registration. Dated 5 December
GAFI Publishes Several Decisio
On 27 November 2018, the General Authority for Investment and Free Zones (“GAFI”) published in its Investment Gazette (“Gazette
Executive Regulations of the L
On 23 December 2018, Prime Ministerial Decree No. 2733 of 2018 was published with the Executive Regulations (the “ER”)
Amendments to Electronic Tax D
On 23 December 2018, the Egyptian Gazette published Ministry of Finance Decision No. 744 of 2018 (the “Decision”) amending Article (104) of th
Further Regulations Affecting
On 27 November 2018, the General Authority for Investment and Free Zones (“GAFI”) published a collection of decisions and circulars issued by
A New Pricing Mechanism for Pe
On 30 December 2018, Prime Ministerial Decree No. 2764 of 2018 was published in the Official Gazette, setting a new pricing mechanism for petr