Non-tax Incentives Support Investments
Non-tax Incentives for Inland Investment Framework
Inland Investment Frameworks provide a set of non-tax incentives and facilitation measures designed to enhance the investment environment and stimulate capital inflows. These measures include making land available at competitive prices or through usufruct arrangements, streamlining incorporation and licensing procedures via a One Stop Shop, delivering integrated logistical services to investors, streamlining the processes for allocating land and utilities connections, extending technical and advisory support to newly established projects, and facilitating investors’ access to financing and credit facilities.
Non-tax Incentives
Investment Law No. 72 of 2017 does not only provide tax and customs incentives, but also includes a wide range of non-tax incentives and facilitations that are essential to improving Egypt's investment environment.
Free Profits Transfer
Investors may collect their project profits and transfer them abroad.
Facilitating Exports
Any investment project may export its products, directly or via an intermediary, without the need to be registered at the Register of Exporters.
Fixable Project Financing
Investors may establish and expand their projects, finance them with foreign capital from abroad in foreign currency without restrictions.
Residency for Investors
Foreign investors shall be entitled to residence permits valid for the entire period of the project's operation.
Facilitating Imports
Projects may import, directly or via third parties, the necessary supplies for their setup.
Employing Foreign Workers
Foreign labor may comprise up to 10% of the total workforce of any investment project. This limit may be raised to 20% if qualified national labor is not available.