Legal System of doing business in Egypt
Firstly: The legal procedures for exporting to Egypt.
Secondly: The deference between agents and distributors in Egyptian law.
Thirdly: Protection of intellectual property in Egypt.
Fourthly: Investment incentives and guarantees in Egypt.
Firstly: The legal procedures for exporting to Egypt
The foreign factory who like to export final products to Egyptian market Must register into the General Organization for Export and Import Control in Egypt.
This foreign factory must have Quality Control System Certificate Like ISO or ILAC also must follow the measures of the International Work Organization.
Also, the foreign factory must Submit all its licenses and trade mark ownership Certificate.
All these documents should be certified by Czech Chamber of Commerce, then should register it in the Egyptian Embassy in Czech.
Secondly: The deference between the agents and distributors in Egyptian law
- Exclusivity:
According to Egyptian Trade law: when you prepare the agency contract if you wouldn’t write condition that this is Non-Exclusive Agency, the agency will be exclusive without a condition saying that.
- The minimum duration of the Contract:
According to the freedom of contracting concept, the contractual parties have the right to choose the duration of the contract, or even to conclude the contract as an unlimited duration, but: If the agent will build new stores or maintenance buildings: the duration of the contract shall not be for less than five years.”
- If the contract is for unlimited duration:
The principal shall not cancel the contract unless the agent breach the contract, otherwise the principal shall compensate the agent for the damages caused to him as a result of such cancelation.
Also, the agent shall not Cancel the contract in wrong time without approved excuse, otherwise the agent shall compensate the principal for the damages caused to him as a result of such cancelation.
- If the contract is for limited duration:
The principle decides not to renew it at the expiry of its term, the agent shall have the right to receive a compensation to be decide by the court even if there is a condition in the contract refuse that.
The rules for such compensation to be payable are as following:
A- The agent shall not have mistaken in the course of executing the contract.
B- The activity of the agent shall have led to success in increasing the sales of the products or increasing the number of customers.
- Judicial jurisdiction:
Judicial jurisdiction in disputes resulting from the agency contract will be for the Egyptian courts only, whatever the contract says.
Thirdly: Protection of intellectual property in Egypt
- Egypt signed all of these International IP Agreements:
- Strasbourg Agreement
- Nice Agreement
- All Madrid Agreements
- Berne Convention
- Paris Convention
- Nairobi
- Washington Treaty
- Intellectual Property Rights in Egypt (IPRs):
IN Egypt Intellectual Property Rights, are asset you can save it or sale it.
Intellectual Property Rights in Egypt includes trademarks, design rights, patents and copyright of books, photos, films, music, software, data, …
- The trademark registration is valid for 10 years from the date of filing the trademark application and it is renewable for periods of 10 years each upon new application.
- The patent registration is valid for 20 years starting from the date of filing the application. Annuities should be paid until the expiry of the patent protection period.
- The design or an industrial model registration is valid for 10 years starting from the date of filing the application. A registration can be renewed once for further 5 years.
- Copyrights protected for the lifetime of the author plus 50 years following his/her death.
- ENFORCING your IPRs in Egypt:
Under Egyptian laws, an owner of an Intellectual Property Right (IPR) has the right to take some types of legal actions:
• Civil actions: Actions intended to stop unauthorized use of an IPR and compensate of the damages.
• Criminal actions: a criminal offense that shall be prosecuted by the government representing the interests of the society.
• Border measures: Customs officers have the authority to stop the customs clearance of a good in case of infringement of any kind of IPR.
Fourthly: Investment incentives and guarantees in Egypt
- Investment freedom:
Yes, you can invest in Egypt without Egyptian partner.
- Investment protection & Arbitration:
Egyptian Law says that the government can't take your money, also Egypt signed a lot of international investment protection agreements which give you the right to solve all your disputes in Egypt through international arbitration.
- Money Transfer:
You can transfer your money out of Egypt anytime without any limit or Condition.
- No procedures for investment:
You just click only one window. Also, you can rent ready building with all licenses. Or you can own your land then you can get the golden license, just one license for all the government authorities.
- You have the exclusive right to set your products prices also your employees’ salary.
- 0 % Taxes and customs duties for raw materials and machines.
- You can sell your company Shares any time you want.
- Your products will enter African and Gulf countries free of Customs.
- The Weather and Green Hydrogen.
For further information, please do not hesitate to contact me.
Kind regards,
Dr. Ahmed Said
Founder & Managing Partner
Legal Crises Consultant Law Firm
Main office: 81 Osman's building -Mustafa Elnahas St- Nasr city - Cairo - Egypt.
Tel: +202 23828815 Mob: +2 01111157717
Email: info@Lcceg.com www.Lcceg.com
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