Who we are

Corporate Hub is itself defined. You can describe us as “one stop, various corporate solutions”. We are always ready to provide you with the expected corporate service.

Mission

To develop distinctive, client centered, corporate solution concepts and programs that support business goals and provide a unique, cost effective, one stop source for all corporate services & needs. Our mission is to build a binding and continuous relationship with organizations seeking support and provide them with continuous capabilities improvement.

Vision

To be the top-of-mind corporate services provider, through excellent quality services, with commitment and unwavering dedication in an effort to provide its clients the finest personalized services they have aspired for.

Message from the founder

Definition & Work elaboration

We outsource your corporate needs while ensuring that your company records will remain confidential and compliant with your needs.

87%

Successful
Applications

94%

Return On
Investment

100%

Completely
Secure

Any Questions?

For any company to be established in Egypt, incorporation is to be either under the Companies Law number 159 for the year 1981, or under the Investment Law 72 of 2017

In 2003, the Egyptian Institute of Directors was established and was acclaimed as the first of its kind in the region. In 2005, it was followed by the drafting of the Egyptian Code of Corporate Governance (ECCG) that draws on the OECD principles of Corporate Governance.

In 2006, the Ministry of Investment issued a Code of Corporate Governance for State Owned Companies and the Egyptian Junior Business Associated issued a Corporate Governance Manual for Family Businesses. A Code of Corporate Governance for Listed Companies was issued in February 2011 incorporating the ECCG and adding to it. The Egyptian corporate governance framework reflects sound legislation and has been upgraded recently to expand protections to minority shareholders.

Two regulatory bodies supervise the implementation of governance laws: Financial Regulatory Authority (FRA) and the General Authority for Investment and Free Zones (GAFI).

FRA is the governmental body in charge of overseeing activities of non-banking financial markets. FRA’s competencies include supervising capital markets, derivative markets, insurance, mortgage finance, financial leasing, factoring and securitization.

GAFI is concerned with regulating and facilitating investment in Egypt and it supervises the implementation of the Companies Law. GAFI has a one-stop-shop for investment, including company formation.

The Egyptian Exchange (EGX) is in charge of enforcing the listing rules of listed companies in Egypt.​

In 1992, the Capital Market Law was issued requiring listed companies to apply the IAS. The law also requires the auditors of such companies to follow the ISA. By the end of the 1990s, Egypt started to apply an economic reform program guided by the World Bank (WB) and the International Monetary Fund (IMF). The major purpose of that program was to boost privatization and to develop the stock market.

In 1997, the Permanent Committee for Accounting and Auditing Standards was formed to issue the Egyptian Accounting Standards (EAS). EAS were based on IAS which were adapted for local environment. Starting from 1998, the new EAS were required to be applied by all listed companies (UNCTAD 2008). In 2006, a new set of EAS were issued (UNCTAD 2008). A more recent package of the EAS was issued in 2015. Reviewing the historical development of the accounting and auditing profession in Egypt reveals that there is a significant relation between the economic reforms and the development of the accounting and auditing profession.

Invest​ors can incorporate a company as a Limited Liability Company (LLC), Joint Stock Company (JSC), Foreign Branch or a Representative Office. They may also establish partnership or sole proprietorship companies.

All companies have to be registered in the Commercial Register at the supervisory authority, which is the General Authority for Investment and Free Zones (GAFI) and the Companies Law outlies the rules that must be included within the company’s Articles of Association (AoA). 

  1. Natural persons: the annual declaration should be submitted before 1st of April.
  2. Legal entities: the annual declaration should be submitted before 1st of May or within 4 months following the end of financial year.
  3. Concerning public banks, public sector corporates and public legal entities, they should submit their tax declaration within 30 days following their budget approval by its General Assembly.

In 1992, the Capital Market Law was issued requiring listed companies to apply the IAS. The law also requires the auditors of such companies to follow the ISA. By the end of the 1990s, Egypt started to apply an economic reform program guided by the World Bank (WB) and the International Monetary Fund (IMF). The major purpose of that program was to boost privatization and to develop the stock market.

In 1997, the Permanent Committee for Accounting and Auditing Standards was formed to issue the Egyptian Accounting Standards (EAS). EAS were based on IAS which were adapted for local environment. Starting from 1998, the new EAS were required to be applied by all listed companies (UNCTAD 2008). In 2006, a new set of EAS were issued (UNCTAD 2008). A more recent package of the EAS was issued in 2015. Reviewing the historical development of the accounting and auditing profession in Egypt reveals that there is a significant relation between the economic reforms and the development of the accounting and auditing profession.

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