EGYPT: Investment Climate Statement 2015 - Softcover

United States Department Of State

Softcover

ISBN 10: 1532770782 ISBN 13: 9781532770784

Publisher: CreateSpace Independent Publishing Platform, 2016

Synopsis

The Government of Egypt has declared investment, including foreign investment, a top priority. President Sisi’s technocratic cabinet of economic ministers has supported this policy through a series of recent pro-business reforms, including a third party contract appeal law prohibiting third party interference in state-investor contracts; a competition law; and a presidential decree reforming Egypt's 1997 Investment Law by trimming customs duties, expanding corporate veil protection, establishing additional forums for investor-state disputes, and setting the foundation for a true one-stop business registration shop. Additional upcoming reforms promised by the government include a VAT tax, simplified bankruptcy proceedings, a companies law, amendments to the capital markets law, a new insurance law, and a land management framework. In March 2015 Egypt organized a major investment conference, the Egypt Economic Development Conference (EEDC). The conference highlighted reforms and upcoming investments and was seen by many as an affirmation of the country’s new pro-investment policy.

About this edition

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2016
• ISBN 10: 1532770782
• ISBN 13: 9781532770784
• Binding: Paperback
• Number of pages: 30
• Editor: Penny Hill Press