Law no. 4 of 2018, amending the Companies Law no. 159 of
1981
On January 16, 2018, new amendments were made to the Companies
Law aiming to ease and enhance corporate operations in Egypt with
the aim to make Egypt's business environment more attractive
and competitive and to reach the specification of global investment
laws.
The highlight of said amendments was introducing a new type of
company to be established, namely, Sole Partnership Company.
The Sole Partnership Company allows all entities, whether
corporations or individuals, to establish an individually owned
company, with liability limited only to its capital, which
encourages investors via retaining their control without great
financial risks. The creation of a Sole Partnership Company also
allows local and foreign investors to incorporate their businesses
without risking major financial losses beyond the capital of the
company, while still remaining full control. However, the liability
of the founder
