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Egypt Introduces Three-Year Limit on Representative Offices and Relaxes Manager Requirements for Limited Liability Companies

|Approved Changes|Egypt
Egypt

On 31 January 2019, Egypt's General Authority for Investment & Free Zones (GAFI) reportedly issued Decree No. 60 of 2019, which provides that with effect from that date, non-resident companies with a representative office in Egypt must decide to either establish a company or a branch within three years from the date the representative office was registered. The requirement does not apply in…

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