Egypt is an attractive destination for business owners seeking to establish a presence in a dynamic and growing market. Registering a commercial company and obtaining investment residence permits in Egypt is a straightforward process, offering numerous benefits for you and your family. This article will guide you through the costs, timeframes, and steps involved, making it easy to start your business journey in Egypt.
Registering a Commercial Company in Egypt
Cost: $1,000 USD
Timeframe: 15 business days
Registering a commercial company in Egypt is both affordable and efficient. For a cost of $1,000 USD, the registration process takes approximately 15 business days. This relatively low cost and quick turnaround time make Egypt an ideal location for entrepreneurs looking to expand their business operations.
Steps to Register a Company in Egypt:
- Choose Your Company Type: Decide on the type of company you want to register (e.g., LLC, joint-stock company).
- Prepare Required Documents: Gather all necessary documents, including your identification, company name, and business plan.
- Submit Application: Submit your application to the General Authority for Investment and Free Zones (GAFI).
- Pay Fees: Pay the registration fee of $1,000 USD.
- Receive Confirmation: After 15 business days, you will receive confirmation of your company registration.
Obtaining an Investment Residence Permit
Cost: $200 USD per person
Timeframe: Approximately 1 month
Once your company is registered, you can apply for an investment residence permit for yourself and your family, including your parents. The permit costs $200 USD per person and takes about a month to process.
Benefits of an Investment Residence Permit:
- Ease of Business Operations: Enjoy the benefits of residing in Egypt while managing your business efficiently.
- Family Inclusion: Your family and parents can also obtain residence permits, ensuring they can stay with you.
- Streamlined Process: The process is straightforward, with a reasonable cost and timeframe.
Steps to Obtain an Investment Residence Permit:
- Complete Application: Fill out the residence permit application form.
- Gather Documents: Prepare necessary documents, such as your company’s registration certificate, personal identification, and proof of relationship for family members.
- Submit Application: Submit the application to the relevant authorities.
- Pay Fees: Pay the residence permit fee of $200 USD per person.
- Await Approval: The approval process takes about a month, after which you and your family will receive your residence permits.
Start your business now
Are you ready to take the next step in your business journey? Register your company in Egypt today and enjoy the numerous benefits of an investment residence permit for you and your family. For more detailed information and assistance with the registration process, contact EgySyr now. Our team of experts is here to guide you every step of the way, ensuring a smooth and successful start to your business in Egypt.
Contact EgySyr today to get started on your exciting journey of expanding your business to Egypt!
By following these steps, you can easily register your commercial company and obtain investment residence permits, allowing you to focus on growing your business in Egypt’s thriving market.