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Egypt

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To navigate the most-pressing issues facing multinational employers amid the COVID-19 pandemic, the Baker McKenzie COVID-19 Global Employer Guide offers jurisdiction-specific guidance across 41 countries including in Egypt, Saudi Arabia and the United Arab Emirates. Download the Guide now to read the latest employment law guidance on issues including: legal requirements, practical and operational considerations, and emerging government regulation related to the outbreak. For more information on the virus’ multidisciplinary business and legal implications for your company, visit Baker McKenzie’s Coronavirus Resource Center and contact your Baker…

Private sector investments in the education industry in Egypt are of paramount importance. Over the past decade, we have witnessed a steady increase in the appetite of private equity funds and investors to capitalize from the industry. This enthusiastic appetite and lucrative appeal is owed to ever-increasing enrollments; in 2016/17, the Central Agency for Public Mobilization and Statistics reported that total enrollments at the K-12 level amounted to 20.6 million students. The growth continues —…

The taxation of the digital economy is one of the focus areas of the OECD’s BEPS project, and many countries in the Middle East and Africa are increasingly introducing changes to their tax rules or considering avenues for imposing taxes in relation to digital economy earnings. It is critical for companies to fully understand the local tax regimes across the region and the impact of global developments on the future of taxation of digital services.

As part of Baker McKenzie’s BakerWomen Middle East* programme of events, we are pleased to invite our female in-house legal and business executives to the first in a series of roundtable discussions in Dubai focusing on the latest developments impacting investments and operations in the Middle East & North Africa (MENA).

In July 2019, the Investment Law No. 72 of 2017 (Investment Law) was amended to impose new data reporting requirements on companies with foreign investment in Egypt for statistical purposes. The data consists primarily of financial data and corporate data. The General Authority For Investment & Free Zones (GAFI) is now taking active steps in enforcing these new reporting requirements.