Cost Breakdown Overview
- Government fees depend on your capital amount.
- Professional fees cover drafting, notarization, and GAFI visits.
- Hidden costs like bank deposit requirements vary by company type.
Calculating the cost of establishing a company in Egypt involves several components. It's not just a single fee; it's a breakdown of government charges, professional fees, and capitalization. Understanding these can help you better plan your startup budget.
1. Government Fees (GAFI)
These fees are paid to the General Authority for Investment. They vary based on the company's capital. For a standard LLC (Limited Liability Company) with moderate capital, these fees typically include:
- Notary fees for the contract (a percentage of capital).
- Commercial Chamber certification fees.
- Lawyers' Syndicate fees (mandatory verification).
- Commercial Registry issuance fees.
2. Capital Requirements
While an LLC doesn't legally require a minimum bank deposit (unless capital is high), you must declare a capital amount in the contract.
For Joint Stock Companies, you must deposit 10% of the capital (minimum 25,000 EGP) in a blocked bank account.
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Get a Free Quote3. Professional Legal Fees
These are the fees paid to your lawyer for handling the procedure. This includes:
- Drafting the Articles of Association.
- Reserving the name.
- Visiting GAFI and following up on the process.
- Handling security clearances if needed.
Warning: Be wary of service providers offering "too good to be true" prices. They often hide the actual government receipt costs or leave you with an incomplete file (e.g., missing the Tax Card or Social Insurance file), which leads to fines later. Always work with a reputable Lawyer in Cairo.