1 Law No. 72 of 2017 Promulgating the Investment Law In the Name of the People, The President of the Republic, The House of Representatives has passed the following Law and we have promulgated it: Article I The provisions of the annexed Law shall govern the investment within the Arab Republic of Egypt. The provisions of the Law shall apply to local and foreign investment, regardless of its size, and investment shall be placed in accordance with the provisions of this Law, either under the regime of the Inland Investment, Investment Zones, Technological Zones, or Free Zones. Article II The provisions of the annexed Law shall not prejudice the tax privileges and exemptions and other guarantees and incentives granted to the companies and establishments existing on the date when this Law shall come into force. Such companies and establishments shall keep such privileges, exemptions, guarantees, and incentives until their terms expire, in accordance with the legislation and agreements derived therefrom. The provisions of the annexed Law shall not prejudice the provisions of Law No. 7 of 1991 on the privately State-Owned Properties, the Law on Special Economic Zones, promulgated by the Law No. 83 of 2002, and the Law No. 14 of 2012 Concerning the Integrated Development of the Sinai Peninsula, as well as the Law on Streamlining of Industrial Facility Licensing Procedures promulgated by Law No. 15 of 2017. Further, the provisions of the annexed Law shall not prejudice the conditions set on the issue of approvals, permits, and licenses provided for in any other laws.
Law No. 72 of 2017 Promulgating the Investment Law
Jul 05, 2023
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