Global Trade Alert
Global Trade Alert

Egypt: The government introduces a New Investment Law

Announcement

28 Oct 2017

On 28 October 2017, the Cabinet approved the executive regulation of Law no. 72/2017 introducing a new investment law. The new law includes various incentive schemes and guarantees for foreign investors and aims at removing obstacles and streamlining procedures. 

 

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Number of interventions

5

1 certainly harmful

0 likely harmful

4 liberalising

List of interventions

Implementation date

28 Oct 2017

Revocation date:

No revocation date

Updated: 28 Oct 2017
Tax or social insurance relief In force

On 28 October 2017, the Cabinet approved the executive regulation of Law no. 72/2017 granting special tax cuts to foreign investors. 

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Implementation date

28 Oct 2017

Revocation date:

No revocation date

Updated: 28 Oct 2017
FDI: Financial incentive In force

On 28 October 2017, the Cabinet approved the executive regulation of Law no. 72/2017 granting the following financial incentives to foreign investors:

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Updated: 28 Oct 2017
FDI: Entry and ownership rule In force

On 28 October 2017, the Cabinet approved the executive regulation of Law no. 72/2017 stating that foreign investors were guaranteed residence in Egypt during the term o...

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Updated: 28 Oct 2017
FDI: Treatment and operations, nes In force

On 28 October 2017, the Cabinet approved the executive regulation of Law no. 72/2017  allowing foreign investors to claim on the court system of the Egyptian ...

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Updated: 28 Oct 2017
Labour market access In force

On 28 October 2017, the Cabinet approved the executive regulation of Law no. 72/2017 increasing the percentage of foreign employees that investors engaged in projects c...

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