nasseflawfirm.com

Establishing companies

Establishing companies

We provide all legal services to new and existing companies as an agent for the company. Our office provides all related to our company formation services as part of our service to help foreign individuals and other business entities to establish their legal presence.

Ms. Nada Nasef Lawyers. Consultants

Our experience

Our specialized experience and extensive knowledge qualify us to carry out company establishment procedures quickly and efficiently. We can register companies of all types, whether they are capital companies, personal companies, or one-person companies, as well as register foreign companies in Egypt. Companies can be established in one of several ways, depending on the type of company chosen by the founders. The type of legal responsibility for its owners and tax treatment will be determined. The following are the most common options for companies and their distinctive features.

Types of companies

  • Types of companies
  • Money companies

Individual companies

In Egyptian law, personal companies have three forms: general partnerships, limited partnerships, and joint ventures. The most important thing that distinguishes these companies is that they are based on personal consideration and mutual trust between partners. Personal companies have common characteristics and provisions.

Money companies

They are companies based on financial considerations and personal considerations are declining. The form that these companies take is:

Joint stock companies

It is known as a company whose capital is divided into shares of equal value that can be traded in the manner specified by law. The shareholder’s responsibility is limited to paying the value of the shares he subscribed to, and he is not liable for the company’s debts except within the limits of the shares he subscribed to. It takes a trade name derived from the purpose of its establishment.

Characteristics of a joint stock company

  • Joint stock company is one of the capital companies
  • Joint stock company is a legal system
  • Weak intention to participate among the contributing partners
  • Name of the joint stock company
  • 10% of the capital of the joint stock company
  • Liability of the contributing partner
  • The failure of the contributing partner to acquire the status of a merchant