How to Establish a One-Person Company (Single-Member Company) in Egypt – Steps and Requirements
The Investment Law in Egypt outlines the procedures for establishing a One-Person Company, stating—by way of exception to Article 505 of the Civil Code (which requires at least two partners to form a company)—that any natural or legal person, within the limits of the purposes for which they were established, may individually establish a One-Person Company.
This company shall be a limited liability company with a minimum capital of EGP 50,000.
Required Documents:
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Certificate of non-confusion of trade name, certified by the Commercial Registry
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Bank certificate confirming full deposit of the company’s capital, noting that the capital must not be less than EGP 50,000
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In case the founder is a legal entity, the following additional documents must be submitted:
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Power of attorney from the legal representative of the legal entity
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Recent commercial registry extract of the legal entity
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If the founder is a public legal person, approval from the Prime Minister or the competent minister must be obtained, depending on the case
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Power of attorney for establishing the One-Person Company, whether the founder is a natural or legal person, stating explicitly the authority to establish companies and sign incorporation contracts before the real estate registry
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Investor profile forms for the founder or foreign manager, along with a digital copy on CD
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Official extract from the Register of Accountants and Auditors, addressed to GAFI, proving that the appointed auditor is authorized to review and approve the financial statements of capital companies for the first time
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Or alternatively, an original declaration of acceptance of appointment, if the certificate was previously submitted to GAFI
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Personal ID copies of the founder:
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National ID for Egyptians
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Passport for foreigners
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Personal ID copies of the attorney/agent:
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National ID for Egyptians
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Passport for foreigners, with a valid residence permit
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A copy of the Bar Association card of the lawyer who certifies the contract before the Bar Association
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Name and address of the company’s legal advisor, who must be registered at least as an Appellate Lawyer
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Approval from the competent authority, if any of the company’s activities require special permits under applicable laws
In Case of a Non-Cash (In-Kind) Share at Incorporation:
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A valuation report for the in-kind share prepared by a qualified expert from a regulated profession, depending on the nature of the asset
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A declaration from the founder approving the accuracy of the valuation
If the One-Person Company Is Established Under the Public Free Zone System (as per Investment Law No. 72 of 2017):
The same documents listed above are required, in addition to:
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Pre-approval from GAFI must be obtained before incorporation
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The approval must be issued by the Board of Directors of the free zone where the project is to be established
