Officially , Minister of Investment issued forms of a Company owned by One Shareholder

By Admin - In

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Ms. Sahar Nasr – Minister of Investment and International Cooperation has issued forms of a company owned by one shareholder, these forms were available at Investors Service Center since Thursday, 16th August 2018. 

Ms. Sahar said that this type of company would encourage Small and Medium Enterprises to have a legal presence in the market instead of illegal presence.

The law gives the person the right to establish this type of company by himself or through a power of attorney, the company will have an article of association which include its name, practice areas, founder’s information, timeline, its management, its main office, and branches (if any), its capital, liquidation of the company and other data specified by the Executive Regulations of the Law.

Source:

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