{"id":635835,"date":"2017-12-14T03:41:51","date_gmt":"2017-12-14T03:41:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/"},"modified":"2017-12-14T03:41:51","modified_gmt":"2017-12-14T03:41:51","slug":"house-economics-committee-tweaks-regulation-of-sole-proprietorships","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/","title":{"rendered":"House Economics Committee tweaks regulation of sole proprietorships"},"content":{"rendered":"<p><strong>LEGISLATION WATCH- The House Economics Committee has apparently signed off on amendments to the Companies Act<\/strong> that will change how sole proprietorships are established and governed, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1735674.aspx\">Ahram Gate reports<\/a>. The changes govern how legal persons set up businesses in their own names and set out the framework for transforming them from a sole proprietorship into a joint stock company. The newspaper provides no other details and does not get into amendments expected to governance requirements under the act, <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/13\/house-economics-committee-looks-into-companies-act\/\">which reportedly include anti-whistleblower measures<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- The House Economics Committee has apparently signed off on amendments to the Companies Act that will change how sole proprietorships are established and governed, Ahram Gate reports. The changes govern how legal persons set up businesses in their own names and set out the framework for transforming them from a sole proprietorship into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635835","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fc14439f-70ed-4270-9bc6-1b422cd0d922","order":"0","is_powered_by":true,"section_story_id":"2d78bd99-9d2b-4775-b340-1399d661be8d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635822],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>House Economics Committee tweaks regulation of sole proprietorships - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House Economics Committee tweaks regulation of sole proprietorships\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- The House Economics Committee has apparently signed off on amendments to the Companies Act that will change how sole proprietorships are established and governed, Ahram Gate reports. The changes govern how legal persons set up businesses in their own names and set out the framework for transforming them from a sole proprietorship into [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-14T03:41:51+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"House Economics Committee tweaks regulation of sole proprietorships\",\"datePublished\":\"2017-12-14T03:41:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/\"},\"wordCount\":91,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/house-economics-committee-tweaks-regulation-of-sole-proprietorships\/\",\"name\":\"House Economics Committee tweaks regulation of sole proprietorships - 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The Investment Ministry has finished drafting amendments to the executive regulations of the Companies Act and has forwarded a draft of the changes to the State Council for review. As such, the new rules would\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634586,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/el-sisi-signs-into-law-amendments-to-companies-act\/","url_meta":{"origin":635835,"position":1},"title":"El Sisi signs into law amendments to Companies Act","author":"enterpriseam admin","date":"18 January 2018","format":false,"excerpt":"LEGISLATION WATCH- President Abdel Fattah El Sisi signed into law amendments to the Companies Act that tweaks how sole proprietorships are handled under the law The law, which was published on the Official Gazette on Wednesday, also contains corporate governance regulations that will give boards of directors the right to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635957,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/house-plenary-session-approves-39-articles-of-universal-healthcare-act\/","url_meta":{"origin":635835,"position":2},"title":"House plenary session approves 39 articles of Universal Healthcare Act","author":"enterpriseam admin","date":"18 December 2017","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives approved yesterday 39 articles of the Universal Healthcare Act during its first plenary debate of the law, Al Shorouk reports. Articles that passed included those setting up the three regulators which will monitor implementing the new healthcare system. Debate of the law had been\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632408,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/investment-ministry-issues-amendments-to-companies-act-regs\/","url_meta":{"origin":635835,"position":3},"title":"Investment Ministry issues amendments to Companies Act regs","author":"enterpriseam admin","date":"11 February 2018","format":false,"excerpt":"LEGISLATION WATCH- The Investment Ministry issued amendments to the executive regulations of the Companies Act on Friday, minister Sahar Nasr said in a statement. 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The amendments, which were first instituted by the Investment Ministry last month, would see companies required to make a first call for a general assembly at least 21 days\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635786,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/house-economics-committee-looks-into-companies-act\/","url_meta":{"origin":635835,"position":5},"title":"House Economics Committee looks into Companies Act","author":"enterpriseam admin","date":"13 December 2017","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives\u2019 Economic Affairs Committee has started looking into amendments to the Companies Act, Ahram Gate reports. While the most visible change to the law seems to be allowing the establishment of sole proprietorship companies, the law also includes amendments to corporate governance regulations. 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