Egypt, Arab Rep.

Ease of Doing Business in

Alexandria - Egypt, Arab Rep.

This page summarizes Subnational Doing Business in Egypt, Arab Rep. 2014 data for Alexandria. The first table shows its rank among 15 cities/regions in Egypt, Arab Rep.. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Middle East & North Africa
Income Category Lower middle income
Population 82,056,378
GNI Per Capita (US$) 3,160.00
Ease of Doing Business Rank among 15 cities in Egypt, Arab Rep. Top city in Egypt, Arab Rep.
n.a. n.a.
Topic Rankings Rank among 15 cities in Egypt, Arab Rep. Top city in Egypt, Arab Rep.
Starting a Business 1 Alexandria, Cairo, Giza
Dealing with Construction Permits 15 Suez
Registering Property 4 Port Said
Enforcing Contracts 11 Damietta

Subnational Data


Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

Indicator Alexandria Middle East & North Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
7.0 8.0 4.8

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
8.0 18.9 9.2

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
9.7 28.1 3.4

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in min. capital (% of income per capita)
0.0 45.6 8.8
No. Procedure Time to Complete Associated Costs
1 Obtain a Certificate of Non-Confusion to reserve the company name at the Commercial Registry office in the General Authority for Investment and Free Zones (GAFI) one-stop shop in Alexandria 1 day EGP 25
2 Obtain a certificate from an authorized bank and open a bank account 1 day EGP 400 (EGP 250 for the bank certificate + account opening fees ranging from EGP 100 to 200)
3 Submit documents to the Department of Companies in the GAFI one-stop shop in Alexandria and obtain invoice 1 day EGP 1,400 (see comments)
4 Notarize the company contract at the Investment Notarization Office in the GAFI one-stop shop in Alexandria 1 day No cost
5 Obtain the notification of incorporation from the Department of Companies in the GAFI one-stop shop in Alexandria 1 day No cost
6 Register for taxes at the Investment Tax Office in the GAFI one-stop shop in Alexandria 1 day No cost
7 Open a company file and register employees with the National Authority for Social Insurance at the GAFI one-stop shop in Alexandria 2 days No cost

Subnational Data


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