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 Our clients range from individual investors and start-up companies to some of the world's largest multinational companies. With our offices and long established relationships with local counsels throughout the world, we are well positioned to serve our client's domestic and international needs.
Islam Kellany
(AMIGOS) |
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AMIGOS Advocates
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:: PARTNERSHIP COMPANY These may be “simple”, with all partners jointly or severally liable for partnership debts, or “limited”, where the managing partners are fully liable and sleeping partners, whose role is limited to capital investment, are liable only to the extent of the amount contributed by them. Partnerships limited by shares are also possible, again with managing partners fully liable but with shareholding partners' liability limited to the value of their shares All partnerships carrying on trade activities must be registered with the Commercial Registry. Foreign participation in all three is permitted. However, unless the Investment Law covers the partnership's business activities, a partnership with foreign participation cannot be registered except if the Egyptian partner holds at least 51% of the capital and has management control. If the business undertaken falls under the Investment Law, there are no restrictions on the proportions of foreign ownership and management. |
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