Rep offices in Egypt have three years to open full offices in Egypt

Rep offices need to open full operations within three years under new decree: The General Authority for Freezones and Investments (GAFI) has recently issued a decree requiring foreign parent companies to open in Egypt within three years of opening representative offices here, according to law firm Riad & Riad newsletter. Foreign companies have the right to establish representative offices to conduct market research or feasibility studies in Egypt before taking part in commercial activities.