معلومات عامه

Procedures for establishing a partnership or simple partnership in Egypt

إجراءات تأسيس شركة تضامن أو توصية بسيطة


The two companies of solidarity and the simple recommendation are partnerships which are based on personal consideration and bind the partners to a relationship of friendship or kinship, and the company is dissolved upon the death or bankruptcy of one of the partners. associated, and the procedures are as follows. to establish a simple partnership or recommendation in Egypt.

What do we mean by a solidary society and its incorporation procedures

A solidary enterprise is an enterprise composed of a group of partners related by kinship, friendship or acquaintance, and the minimum number of partners is two, in which the responsibility of the partners is personal, so that they can make their own. money to pay off the debts of the business.

Procedures for the creation of a solidarity company

  • Drafting of the business contract.
  • The work of the procuration of the whole company to the agent in charge of the incorporation procedures.
  • Go to the trade register of the company’s head office to review the terms of the contract and stamp it with a valid stamp for registration.
  • Publication of the contract summary (company name – names of partners and their details – value of capital – business activity – business management) in two daily newspapers.
  • Go to the tax administration to which the company’s head office is affiliated to obtain a tax card (the documents necessary for extracting the tax card: complete a form for issuing the tax card – the contract company and a photocopy of it – the contract of ownership of the company head office and a copy of it or a rental contract for the head office of the company with a date and a copy of that – here – copies of the partners’ national identity cards – Original and copy of the power of attorney – electricity receipt with the address of the registered office affixed)
  • Go to the Chamber of Commerce to which the head office of the company is affiliated to obtain a license to exercise the activity (the papers necessary for the extraction of the license: the contract of ownership of the head office of the company and a copy of it or a lease contract for the head office with the date and a copy of it – the company contract and a copy of it – the criminal record of the partners – the tax card (or the data certificate until the card is extracted) – complete an activity extraction request – the original of the power of attorney and a photocopy of it – a recent electricity receipt with the address of the registered office).
  • Go to the commercial register, which is followed by the company’s head office after having prepared the following documents: the original of the company contract and a photocopy of it – the summary of the company contract – two copies of the two journals in which the summary of the contract is published – the authorization to exercise the activity – the national identity card of the applicant – the powers of all associates to the lawyer in charge of the procedures of incorporation.
  • Go to the Social Insurance Office to register the business and employees.

What is a simple partnership and its incorporation procedures

A simple partnership is one of the partnerships and consists of two types of partners: the first type are the joint partners (they are involved in all the responsibilities of the company and they can refer to their funds to pay the debts of the company) and the second type are the limited partners (their responsibility in the company is the amount of their shares in the capital only. They do not have the right to manage the company.)

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Procedures for the creation of a simple partnership

  • Drafting of the contract for the company.
  • The work of the proxy of the whole company to the agent in charge of the incorporation procedures
  • Go to the commercial register office to which the company’s head office is affiliated to review the terms of the contract and stamp it with a valid registration stamp.
  • Go to the court to which the main office of the company is affiliated to register the contract in the commercial register and publish it on the notice board.
  • Publication of the summary of the contract (company name – names of partners and their details – value of capital – activity of the company – management of the company) in two daily newspapers.
  • Go to the tax office at the company’s head office to extract the tax card (the documents necessary for extracting the tax card: the business contract and a photocopy of it – the head office ownership contract of the company and a photocopy of it or the lease of the head office contract with the date and a photocopy of it – the partners’ national identity card and copies of it – the original of the power of attorney And a photocopy of it – by filling out a tax card extraction form – the electricity receipt with the address of the registered office affixed).
  • Go to the Chamber of Commerce to which the head office of the company is affiliated to obtain a license to exercise the activity (the documents necessary for the extraction of the license: the contract of ownership of the head office of the company and a copy of this or a lease contract with the date and a copy of it – the company contract and a photocopy of it – the partners’ penal situation file – the tax card (or the data certificate up to ‘when extracting the card) – complete an activity certificate form – the original power of attorney and a copy of it – electricity receipt with the registered office address affixed).
  • Go to the Social Insurance Office to register the business and employees.

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In this article, we have introduced you to the procedures for setting up the Solidarity Company and Limited Partnership in Egypt, with an explanation of what is meant by each of them.

Also watch …

Types of companies under Egyptian law

How to create a limited liability company

Photo by Samar Mohamed

Samar mohammed

I have a BA in Law. I love to write and blog. I love to read self-help books and real success stories, where I learn from others’ experiences and avoid their mistakes.

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