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ARTICLE · 12 DECEMBER 2018

Importing Of Materials & Equipment For Projects

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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One condition applies: the investor shall provide the Authority with a quarterly report on the quantities and types of the imported or exported equipment.

EgyptInternational Law

Egypt's strategy 2030 is a Sustainable Development Strategy which requires development in all aspects to maximize competitive advantage in order to achieve well-being, production, prosperity, success, and interest.

In order to achieve such purpose, Egypt legislate regulation to facilitate the work in free zones to reach the geographical balance and the competitive advantage. Egypt also worked on simplifying the importation and exportation process, their conditions and their procedures.

The new Egyptian Investment Law No. 72 of the year 2017 provided the investors with some incentives and guarantees to facilitate the development process, such as the incentive stated in Article 3 that all investments shall receive fair and just treatment and that the foreign investor shall have the same treatment given to the national investor and that is in addition to many other incentives that help investors to reach maximum productivity.

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