Nada Alyan 
Legal Updates1 Real Estate New Rules for Developing Off-plan Properties in Egypt Projects and Infrastructure Egypt Announces Prequalification for Desalination Projects Energy Legal Framework of Hydrogen in Egypt – Opportunities and Challenges R&R News Riad & Riad Advises on the First Light Railway Transit (LRT) in Egypt This update is intended for general guidance only. … Read more
Legal Updates1 Energy Legal Framework of Hydrogen in Egypt – Opportunities and Challenges Egypt – Cabinet Confirms that Green Hydrogen and Green Ammonia Projects can benefit from Tax Incentives under the Investment Law Labor & Employment New Circular Confirms the Obligation to Pay Contribution of 1% of the Net Profit to the Vocational Training Fund … Read more
On 18 May 2022, the General Secretary of the Vocational Training Fund (“Fund”) issued a circular confirming the obligation on employers to pay a contribution of 1% of their annual net profit to the Fund (“Contribution”) which is stipulated under Article (134) of the Labor Law (“Circular”). The Circular confirmed the obligation to pay the … Read more
Legal Updates1 Energy New Merger Fee Imposed on Renewable Plants in Egypt Fintech New FinTech Law in Non-Banking Financial Activities in Egypt Hospitality New Law for Hotels and Tourism Establishments Aviation Minister of Civil Aviation Decree to Provide Advance Passengers Information Consumer Protection Consumer Protection – Requirement to Disclose Products Lifespan R&R News R&R Advises … Read more
The Minister of Civil Aviation has issued Decree 1083/2021 regulating the obligation of airline companies to provide Advance Passengers Information (“API”). The Decree was published in the official gazette on 1st February 2022, and airline companies shall comply with the obligation of providing the API starting 1st March2022 . According to the Decree, airlines operating in Egypt shall provide advance information of passengers traveling to and from Egypt as well as … Read more
أجرت الدكتورة إيمان رياض الشريك بالمكتب حوار مع جريدة المال حول مشروع قانون العمل الجديد الجارى حاليًا مناقشته أمام مجلس الشيوخ. وقد اوضحت د/ إيمان خلال الحوار الايجابيات والسلبيات التى اتى بها مشروع القانون وكيف سيؤثر صدور هذا القانون على مناخ الاستثمار فى مصر. لقراة المقال كاملًا يرجى الضغط على هذا الرابط فى حال وجود اى … Read more
Legal Updates1 Investment Egypt’s Investment Regulations Energy Egypt Increases the Customs Tariff on Solar Panels – Is It 5% or 2%? Banking Legal Framework of Digital Banking in Egypt Tax Capital Gain Tax and Stamp Tax on Trading Securities Healthcare Regulating Advertisement of Medical Products and Services Capital Market Egypt Allows SPAC listing R&R News … Read more
In 2014, the Egyptian Income Tax Law No. 91 for 2005 (“Income Tax Law”) was amended to apply capital gain tax (“CGT”) on the gains realized from the disposal of shares. The tax rate differs depending on the shares being a listed or unlisted, and the shareholder being resident or non-resident. Also, the Stamp Duty … Read more
According to the Medical Advertisement Law No. 206/2017 (the “Law”), any promotion or advertising of a healthcare product or service has to be pre-approved and licensed by a special committee to be established by the Prime Minister and chaired by the Minister of Health (the “Committee”). By virtue of the Prime Minister’s decree No. 302/2022, the … Read more
According to Article 5 of Decree No. 419 of 2018 regulating Customs Tariff (“Customs Tariff Decree”), renewable energy machines and equipment (solar and wind) are subject to a flat rate of 2% or the regular customs tariff rate set out in the customs schedules whichever is less. The customs schedule used to exempt “photosensitive semi-conductor … Read more