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Investment in Egypt ? Egypt is renowned for its cultural depth and tolerance, its intellectual capital and its stable economic and political institutions, ensuring an environment that is conducive to long term business investment. More >> FAQS What are the guarantees and exemptions of law No. 8 for inland investment companies? Granted Guarantees 1. A project could be wholly owned by foreigners. 2. Guarantees against nationalization and expropriation of the project. 3. Output of the project is not subject to price control. 4. Projects are allowed to repatriate their capital and profits. 5. Foreign experts salaries are exempt from income tax if their stay in Egypt is for less than one year. 6. Imported capital assets and construction materials required to establish an approved project are subject to a unified import duty rate of 5%. What are the guarantees and exemptions of law No. 8 for inland investment companies? What are the fields of investment ? What are the documents required to incorporate a company ? What are the required documents to set the date of commencing the activity ? How to get a recommendation of five year residence? What are the required procedures to register a foreign company's branch? How to acquire a work permit for foreign incorporation branch manager? What are the procedures of recruiting foreign employment? 8. Exemption of contracts: All related contracts to the companies activities such as (articles of incorporation, land deed, loan and mortgage) are exempted from the fiscal stamps and authentication fees for three years from the date on which such companies are registered in the Commercial Register. 9. Egyptian joint stock companies under Law 8 of 1997 whose shares are registered with the Egyptian Stock Exchange will enjoy an exemption from the corporate tax on their profits equal to the Central Bank of Egypt's lending or discount rate. 10. Interest from bonds issued by joint-stock companies under Law 8 of 1997 is exempt from the tax on income from moveable capital provided that the bonds are offered for public subscription and that they are registered in the Egyptian Stock Exchange.