Standing at the crossroads of Africa, Europe, and the Middle East, Egypt is a perfect place for international trade.
is one of the key regions for Russian businesses that are aimed at expanding into the Middle East and at the same time a practical alternative to the UAE.
Profitable production
Strategic Hub
With its skilled Labor, Egypt is good for production projects.
Egypt participates in a number of investment projects and is a strategic hub to access the African and Middle Eastern markets.
Main Characteristics;Alexandria;Nasr City;Port Said;Suez Canal
Incorporation time;4 weeks;4 weeks;4 weeks;4 weeks
How long to open bank account;1-2 weeks;1-2 weeks;1-2 weeks;1-2 weeks
Quality of utilities;excelent;good;good;good
Allowed to sign sales contracts with local clients;Yes;Yes;Yes;Yes
Allowed to invoice local Clients;Yes;Yes;Yes;Yes
Corporate tax payable;Yes;Yes;Yes;Yes
Corporate bank account;SCB or HSBC;SCB or HSBC;SCB or HSBC;SCB or HSBC
Physical office space required;Yes;Yes;Yes;Yes
Industrial space availability;Many;Limited;Limited;Many
Allowed to to export goods;Yes;Yes;Yes;Yes
Fully foreign ownership;Yes;Yes;Yes;Yes
Can the organization hire foreigners in the country;Yes;Yes;Yes;Yes
Do they need to come to the country for registration; Yes; Yes; Yes; Yes
Minimum number of directors;1;1;1;1
Minimum number of shareholders;1;1;1;1
Tax registration certificate required;Yes;Yes;Yes;Yes
Individual shareholder allowed;Yes;Yes;Yes;Yes
Legal entity shareholder allowed;Yes;Yes;Yes;Yes
Legal entity director allowed;Yes;Yes;Yes;Yes
Public register of shareholders and directors;Yes;Yes;Yes;Yes
LLC company allowed;Yes;Yes;Yes;Yes
Applications for immigration visas can be submitted;Yes;Yes;Yes;Yes
Annual audited financial statements;Yes;Yes;Yes;Yes
Doing business in Egypt offers Russian companies several advantages:
Cost-effective production
A unique opportunity to organize production on Egypt's industrial sites.
Investor support
Egypt actively attracts foreign investments and provides support to export-oriented businesses.
International trade
Egypt is a major transport hub for the Middle East, Africa, and Europe.
Tax benefits
Free economic zones offer reduced taxes and customs duties for foreign companies.
Low operational costs
Labor and rental costs in Egypt are significantly lower than in Europe and the Middle East.
Offices in Cairo and El Dabaa
URIB Infrastructure in Egypt
Convenient location with a full range of administrative services
Own fleet
Ships and logistics support for exporting and importing of goods
Port facilities
Access to Alexandria Port for fast transportation of cargo
Government support
URIB collaborates with Egypt's government bodies and investment companies to support Russian businesses.