A Research On Egypt Company Law

As one of the method in capital flows and economic cooperation betweencountries, international investment has already became an important approach topromote economy. Good investment climate is essential for a successful internationalinvestment, and the laws concerning investment are determined factor in a country’sinvestment climate. So investors pay attention to it, yet. In the laws regardinginvestment, Company Law is the most important one, because it regulates theincorporation, organization and operation of a company. So, the study on the hostcountry’s Company Law has the practical value. In addition, comparative approach isoften used in study on law. Screening the good contents in other country’s law is goodfor relevant laws in China.In Egypt, the laws that regulate the companies have two. There are Law No.159/1981On Joint Stock Companies, Partnerships Limited By Shares&LimitedLiability Company (Egypt Company Law is for short) and Act of execution on Law No.159/1981On Joint Stock Companies, Partnerships Limited By Shares&LimitedLiability Company (Act of execution on Egypt Company Law is for short). The EgyptCompany Law was amended in2005, and the Act of execution on Egypt CompanyLaw was amended in2004and2005.According to the laws, there are three statutory forms of company in Egypt, theyare Limited Liability Company, Shareholder Company with shares and Joint StockCompany with shares. The article will introduce them as this consequence. Firstly, thearticle will introduce these three kinds of companies’ definition and characteristics.Secondly, the article will discuss the concrete contents, including the number andqualification of founders, the limitation of registered capital, the pattern and type ofstockholder’s contributing, the channel and prerequisite of equity transfer, company’sorganization, company’s management, the supervising and inspection of company,combination, reorganization and dissolution. Specifically, the article will analyze thetheory of provision and compare relevant provisions between Egypt Company Lawand Company Law of the People’s Republic of China.Because of the capacity of the author, there are some drawbacks in this article.The article just should be considered as an opening word. So that, the capables couldstudy deeply on it.