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![]() Doing Business in Egypt
![]() money...how much to start bussiness
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| Author | Topic: money...how much to start bussiness |
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roddy Member Posts: 120 |
hi...does anyone know how much money europeans have to put in the bank to start a bussiness in egypt.....thanks.roddy IP: Logged |
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Tariq Tharwat Junior Member Posts: 5 |
Dear Roddi, to start a business in Egypt it is easy and not hard .. it depends in what kind of business you wanna get into please let me know details and I will help you... IP: Logged |
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roddy Member Posts: 120 |
tariq...many thanks for replying...bussiness in egypt...on hold....have a flat in luxor..forever....but wish to sell....may buy a place in cairo...only reason being is that its so much easier to fly to cairo than luxor?you can e mail me at ..rodstarr@blueyonder.co.uk......you may have contacts?....good wishes ...rod quote: IP: Logged |
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Luxorlover Member Posts: 1247 |
I started a business in Luxor and only later found that I did not own it and that most of the ownership papers had gone missing. The main thing to remember is to get all quotes checked and double checked then have everything translated into English by an independent translator before you sign anything. My business partner skimmed off enough money to build a villa on the west bank and I knew nothing about it - my lawyer did though !! (It will pay you to employ an independent engineer if it involves building (although remember that you will have to pay him more than the 'opposition'). IP: Logged |
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Natashiah Member Posts: 551 |
peanuts IP: Logged |
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Natashiah Member Posts: 551 |
. [This message has been edited by Natashiah (edited 22 July 2004).] IP: Logged |
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Natashiah Member Posts: 551 |
quote: Tariq...do you perhaps know a lady by the name of Gillian Mansfield she works at the Bedouin Moon in Dahab? IP: Logged |
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mirox Junior Member Posts: 3 |
Speaking as a lawyer, there's no requirement to have many in the bank to start a business unless you wanted to incorporate what is known as a capital company (euqivalaent of Inc's in America). A limited liability company requires the deposit of L.E 50,000 in the bank before incorporation, A joint stock company shall have a minimum capital of L.E 250,000 of which 1/4 has to be paid in advance. The rest can be paid up in 5 years. Hope this proves to be useful IP: Logged |
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mwaseem Junior Member Posts: 5 |
Dear Mr. The new coming billion dollar industry all over the world is Medical Transcription. There are number of companies working for the MT. I am also engaged and working for the last many years. I am interested in it for investment which can give excellent results with in few days. this is my proposal: think about it and reply. Thanks and regards, Waseem IP: Logged |
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Semsema Junior Member Posts: 5 |
Hi Rod, Somehow we lost touch. Not sure if we offended you when you & David came to the apartment. Talk to me! p.s. Have moved!!!!! New City. new Life. New Job!!!!!!!!! IP: Logged |
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roddy Member Posts: 120 |
semsema? i think it yvonne/charlie. ? ???????????moved to where? out of luxor? dont know when will get to egypt because of health problems.let me know if it is you? rod
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Semsema Junior Member Posts: 5 |
Yes it is us Rod. Moved to Hurghada. Don't have personal internet access as no phone line in apartment, just through work. What health problems? We miss seeing and talking to you. Love IP: Logged |
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roddy Member Posts: 120 |
so why leave luxor? hope new place is better for you,tell me more when you get back on line.i also will tell you more about our world. yes heart and hardened arteries ,unable to travel as yet. you are working??? look forward to getting your news when you have privacy and same here. quote: IP: Logged |
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Semsema Junior Member Posts: 5 |
Hello my friend, a block on mail here!!! Not good news about your health. Take it easy. IP: Logged |
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