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ARTICLE · 23 DECEMBER 2020

Clarifications On The Free Zones Fees

Youssry Saleh Law Firm
Youssry Saleh Law Firm
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Youssry Saleh Law Firm

Youssry Saleh Law Firm

Youssry Saleh Law Firm, based in Cairo, has been operating since 1985. During 40 years of practice...

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Free zones are established in order to magnetize the investors via its prominent and premium investment system.

EgyptFinance and Banking

Free zones are established in order to magnetize the investors via its prominent and premium investment system. As it provides the investors with safeguards and several benefits and incentives related to the goods and their in or out movements without having the hustle to deal with customs, import, export systems and any other investment related procedures, whereas the investor has taken the initiative and invested his money and efforts under the aegis of the free zone system.

This article will mainly discuss the free zones fees that will be paid by investors who established a company before the issuance of the Egyptian Investment Law No. 72 of the year 2017 and after its issuance; it will discuss as well the relinquishment of sites in the free zones, after the completion of the project.

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