Egypt is a transcontinental country and the most populous nation in the  Middle East. The economy of Egypt is one of the most diversified in the  region, with sectors such as tourism, agriculture, industry and services at  almost equal production levels.

The New Investment Law aims at attracting new investments to Egypt, the  key feature of which is the Single Window System, which will apply, and  such system unifies and simplifies the procedure and protects investors  from bureaucracy. The General Authority for Investment (GAFI) would be  the only regulatory authority responsible for the entire procedure and for  ultimately issuing licenses for the new projects i.e., the investors will no  longer have to deal with multiple parties to obtain their operating license.


Egyptian and foreign investors are entitled to benefit from guarantees and  incentives with respect to activities falling under any fields of investment  outlined under the Investment Law and its executive regulations (for

e.g., manufacturing, agriculture, trade, education, health, transportation,  tourism, housing, sports, electricity & power, water, communication, and  technology).

The New Investment Law would result in triggering new investments to  Egypt; it would be a very good opportunity for KPMG Egypt to provide its  professional services to the new investors (for e.g., assist in establishing the  new projects and provide our tax compliance and consultancy services).

MESA Tax Guide

Download Mesa Tax Guide PDF file.