| GAFI is Egypt’s “One-Stop
Shop” for investment, easing the way for investors worldwide
to take advantage of the opportunities of this promising emerging
market.
Investment opportunities exist in various sectors of the Egyptian
economy, particularly those oriented towards export. GAFI is the
primary governmental authority concerned with regulating and facilitating
investment in the country, and stands ready to assist investors.
Services GAFI provides range from company registration to site
location to partner identification to contracts and licenses acquisition.
These services are provided at no cost to the investor.
Well-established and accessible
ports on both the Mediterranean and Red seas, in addition to the
Suez Canal and a network of airports, mean Egypt is fully integrated
with the rest of the world
Acknowledgement and praise
of Egypt’s economic performance from international organizations
has made the country one of the most favorable locations for long-term
investment
Availability of highly
trained and skilled labor at competitive wage rates
An efficient banking system
and a dynamic and growing stock market
Political and social stability
A thriving business environment
and strong government support for private sector initiatives
Developed infrastructure
and utilities, including comprehensive and integrated transportation
and communication networks
Procurement on behalf
of investors of all licenses required for project establishment
and operation, e.g. notarization of deeds and residence and work
permits
Assistance for investors
in site selection and land acquisition – whether for agricultural,
industrial or tourism-related activities
Certification of production
commencement dates
Assistance for investors
seeking to take full advantage of tax holidays granted according
to location
are exempted
from custom duties and all import procedures (all articles, supplies,
machinery and necessary means of transport, except passenger cars)
are
exempted from custom duties, sales taxes, other taxes and duties,
and all import procedures prevailing in Egypt
are not subject to provisions of tax and
duty laws prevailing in Egypt throughout the lifetime of the project
exempt from custom duties for goods exported
to domestic and local markets
with
fixed destinations exempted from annual duties on the value of
goods entering and leaving free zones
exempt
from sales tax
For more information, contact the Investor Services Sector:
Tel/Fax: (20-2) 391-0290
or the Current Awareness Unit:
Tel/Fax: (20-2) 393-1955
Tel: (20-2) 394-1134
E-mail:gafi-info@gafinet.net
|