A limited liability company is a common form of legal entity in Egypt, referred to in full as a Limited Liability Company. The ownership of a limited liability company is collective ownership, where multiple shareholders jointly own the company. Unlike other forms of companies, shareholders of a limited liability company enjoy limited liability, meaning their personal assets are protected from the company's debts. A limited liability company does not require public participation in the market. The minimum registered capital for a limited liability company is EGP 50,000, and it requires at least one shareholder and one director. However, if there is only one shareholder, capital verification is required. For companies with two or more shareholders, opening an account for capital verification is not mandatory during the incorporation process; the capital verification deposit can be made into an account at a later stage. The limited liability company is a flexible, simple, and low-cost form of legal entity, suitable for small businesses and individual entrepreneurs.
Egypt LLC Basic Information
Ownership:
Private Ownership
Limited Liability:
Positive
Publicly Participates In Capital Market:
Negative
Egypt LLC Shareholder / Director / Secretary Requirements
Requirements For Shareholders:
At least one.
Requirements For Directors :
At least one.
Legal Representative Not Mandatory:
Negative
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Egypt LLC Registered Capital Requirement
Minimum Registered Capital Requirement:
The minimum registered capital is 50,000 Egyptian pounds.
Capital Injection Not Required:
See Memo
Capital Injection Requirement:
If there is only one shareholder, a capital verification is required.
Egypt LLC Memo
Memo:
If there is only one shareholder, a capital verification account needs to be opened and a capital verification conducted.
TKEG Expat Egypt LLC Company Incorporation Service
TKEG Expat ™ (Malta) Overseas Company Incorporation, Accounting, and Consulting Services
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“TKEG” refers to one or more legal entities within the global TKEG Group, of which "TKEG Expat (Ireland) Teoranta", a corporation duly incorporated under the laws of the Republic of Ireland. “TKEG Expat (Ireland) Teoranta” is a wholly-owned subsidiary under "TKEG Expat INC". "TKEG Expat INC" is a corporation duly incorporated under the laws of the State of Delaware of the United States of America. "TKEG Organization" is a global network of independent and legally distinct member firms and their related entities. Each member firm within the ”TKEG Organization“ is a separate legal entity and is not liable for the acts or omissions of any other. No entity within the ”TKEG Organization“ has authority to bind or obligate any other entity with respect to third parties. ”TKEG Holdings Teoranta“ does not provide services to clients. Professional services, including overseas company incorporation, are provided exclusively by "TKEG Expat INC", it's subsidiaries, or other designated member firms, in accordance with applicable laws and regulations.
「奕資」指奕資集團旗下之一個或多個法律實體,當中「奕資環球(愛爾蘭)有限公司」為依據愛爾蘭共和國法律正式註冊成立之公司。「奕資環球(愛爾蘭)有限公司」為「奕資環球公司」全資子公司。「奕資環球公司」為依據美利堅合眾國特拉華州法律正式註冊成立之公司。「奕資組織」中每一實體均為獨立法律主體,互不對他方之行為或疏忽承擔法律責任,亦無權代表他方對第三方作出約束。「奕資控股有限公司」不向客戶提供服務;所有專業服務,包括海外公司註冊,僅由「奕資環球公司」,其子公司,或其他指定成員所根據適用法律及法規提供。