Egypt Africa 
Corporate Guide Egypt
Corporate Guide

Can a company be wholly owned by foreigners in Egypt?

Yes. However, certain activities require a minimum percentage of Egyptian ownership, such as importation activities, which require a minimum of 51% Egyptian shareholders. It is worth highlighting that a recent update allows companies not meeting this shareholding requirement to undertake importation activities for up to 10 years. 

Other activities, such as commercial agencies and foreign exchange trading, require 100% Egyptian ownership.