Shelf Company in Egypt - Features and Requirements

Ready to buy a shelf company in Egypt? You can use our online services and also explore here the key features & requirements of this entity available in this country.

Short Facts
Who can purchase vintage companies in Egypt?	International and local entrepreneurs wanting to start the activities fast.
Time required for purchasing the company	About 24 hours
Features/facilities	– opened bank account, – registered for taxation, – VAT ID, etc.
Appointing new directors	As soon as the company is purchased
Capital increase allowed	YES
Certificate of no commercial activities	Can be issued
Modify the objects of activity	YES
Participants in the purchase procedure	The buyer and the seller (our Egyptian agents can represent you)
Business history status	Clean
Documents necessary for the purchase	IDs/passports of future business owners
Taxes applied to a shelf company	Corporate tax in Egypt – 22.5%
Changing the registered address	Available option
Can access bank loans	YES
The institution where corporate changes are registered	the Trade Register in Egypt
The advantages of a shelf company	– already incorporated, – can be easily purchased, – ready to start operations, – no complicated formalities.

How is a shelf company known in Egypt?

Ready-made company – sharika jahza,
Aged/vintage company,
Dormant pre-registered company.

What is the optimal structure for a shelf company in Egypt?

The limited liability company in Egypt.

What are the key features of a ready-made company in Egypt?

It is already registered with the General Authority for Investment and Free Zones (GAFI),
It has a tax ID,
It has no active bank account,
The Articles of Association are already drafted & submitted,
No commercial activities,
No debts, etc.

IMPORTANT: The bank account can be activated as soon as the shelf company is purchased in Egypt.

Below is an infographic with information on this topic:

What is the purpose of a shelf company in Egypt?

To operate fast on the market without having to pass through the incorporation stages.

How can I buy a shelf company in Egypt?

Assisted by our Egyptian agents who can provide you with a list of existing ready-made companies.

How is the ownership transfer of a dormant pre-registered company done in Egypt?

Rapid! We will ask for a copy of your ID/passport and then provide you with documents to sign.

Who is involved in the process of purchasing a shelf company in Egypt?

The provider of ready-made companies and clients who can be represented by our Egyptian agents.

What are the costs for a shelf company in Egypt?

For:

The ready-made company,
Our services.

Does a shelf company have financial obligations?

No, because it has no commercial activities.

Do I need to travel to Egypt to buy a ready-made company?

No, we can represent you via power of attorney.

Is a business license needed before starting the activities in Egypt?

Yes, depending on the types of commercial activities you want to develop in Egypt.

Can I change the company name and/or appoint new directors?

Yes, in both cases.

Do I need a “Certificate of no commercial activities” when buying a shelf company in Egypt?

Yes, to prove the entity did not have commercial activities in Egypt.

Are there any precautions/recommendations to consider after buying a shelf company in Egypt?

the new director or company representative must visit the bank branch to activate the corporate account,
there are rigorous Anti-Money Laundering and Know Your Customer policies and guidelines imposed by the bank in Egypt.

Is the notary involved in the process?

Yes, the public notary.

What is the time frame to buy and activate a shelf company in Egypt?

Around 24-48 hours.

If you would like to know more about the steps of buying a vintage company in Egypt, our agents are at your disposal. Please contact our specialists in company formation in Egypt and explore our personalized services at budget-friendly costs.