Question 1

What does Egyptian law mean by the term "free zone"?

Accepted Answer

Free zones are geographically limited areas in Egypt that have special tax and
customs regulations. They are intended to encourage investment by
Tax relief, customs exemption and simplified administrative procedures. These zones
are aimed at export-oriented industrial and service companies and offer
flexible terms and conditions

Question 2

What legal bases (laws) regulate the free zones in Egypt?

Accepted Answer

The free zones are regulated by the Egyptian Investment Law No. 72 of 2017, which
general provisions for the establishment, monitoring and administration of these zones
The General Authority For Investments (https://www.gafi.gov.eg)or GAFI is the main authority that oversees the implementation of these laws.

Question 3

What is the function of the General Authority for Investment and Free Zones (GAFI)?

Accepted Answer

GAFI is the authority responsible for free zone projects and is responsible for their approval and
Monitoring. It provides support in legal and administrative matters and offers investors
Assistance to ensure that companies comply with legal requirements.

Question 4

What are the differences in the requirements for projects in public and private free zones?

Accepted Answer

Public open zones are located in urban areas and provide infrastructure for
several projects. Private free zones, on the other hand, are site-specific projects with special
Location requirements, higher investment amounts and specific requirements for the
project itself. Private free zones are often strategically placed and targeted at individual investors
aligned.

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