Egyptian Law Firm Helps Entrepreneurs Find Their Legal Stability

The legal system necessary for building a startup is acknowledged as the first and most essential steps entrepreneurs have to understand. Though, when it comes to law firms practicing in the needs of businesses taking their initial phases, there is a shortage of assistance available.

To deal with the issue, best corporate law firms decided to help people of the entrepreneurial sector, offering legal advice and assistance with procedures that go with building their companies.

The main focus of these firms is the individuals and businesses located in Egypt. They are devoted to understanding the clients’ specifications by providing exceptional service and finding result-oriented solutions. Their in-depth knowledge of local laws and business knowledge gives us a competitive benefit over other law firms in Egypt. Moreover, they have team of lawyers, with years of experience, provides all the clients with first-rate legal services throughout the whole region. The goal of these legal assistance is to meet all the expectations and needs of our clients, providing them with high quality affordable legal advice in Egypt and many other nations in the Middle East.

As a lawyer specialized in business conventions and agreements, our specialized team of lawyers makes it effortless for entrepreneurs to network with foreign investors. They also show business people global success and failure stories and allows them to network with those who’ve lived these experiences, to extend their boundaries and expand their knowledge and expertise.

And the assistance doesn’t finish there. The entrepreneur can get any legal advice by contacting over the phone or can email them personally. They are always available in the service and ready to give the best information for your all sorts of legal business stuff.

Based on the experience with entrepreneurs in the past years, we have noticed some common mistakes that entrepreneurs are making, such as:

1. Never start your plan with more than you can manage to pay, because it may take enough time than you think to find the expected funder.

2. To build a startup, you should get the advice of an accountant and attorney so that you do not handle paperwork difficulties in the future.

3. Never believe what the demands of the potential investor are and start working on them before the investor exists because every investor has various ideas, thoughts, and goals.

Our leading law firms in Egypt to join the entrepreneurship sector in a strong manner to fulfill its needs and guide entrepreneurs.

When you and your business are facing some legal troubles, it is no reason to panic. We at Sherif Saad Law Offices for Legal and International Consultation understand your concerns and would like to help you overcome your fears. Our professional team of lawyers can boast of having an excellent track record, while our team has excellent experience and knowledge in different fields of the law. You can be sure that we treat each situation with great care, making sure that our clients can rest easy. For further info, get in touch with us!

Things To Covered By Egyptian Business Law Firm

A typical law firm is a business entity that provides its clients with legal services. A law firm usually consists of many lawyers that were hired by the firm. These lawyers can offer legal representation to individuals and legal advice to businesses.

When you set up your business, there are many things that you need to consider. You need to do research, plan so many things, come up with strategies and form a good and productive team. Laws are fundamental and required at almost every step. If these laws are not obeyed, you will end up being sued. Hence, there are several legal issues you need to take care of while introducing and running your business. These laws end up guarding you and your business. Sure, they do add tasks to your already filled plate, but they are essential as well as helpful. 

Following mentioned are all the legal services you will need to run your business and keep it secure in Egypt.

· Business Registrations

The first legal service you will need is related to the business registration. To make your business is legitimate, you need to register it. The registration requires several documents like identity proof, residence proof and other documents depending upon the kind of business being registered.

· Tax Registrations

The Income Tax Department generally provides tax registrations. Though, many other legal service providers like Sherif Saad can also help you with these registrations.

· Accounting

Finance is a crucial element of any business. So, legal services related to auditing and accounting are general as well as significant. Legal advice and services assist you in keeping an official and correct account of financial happening in your company.

· Business Protection Registrations

These registrations are usually done to secure your business from any breach. It includes copyright, trademarks, and patent depending upon the asset and service which is being protected.

· Legal Documents

Other than above specified constitutional provisions, you may need legal services in drafting some legal documents. Legal documents usually follow already defined rules by the government.

· Updating and Closing

Any adjustments or modifications while governing the business are needed to be shown in already registered documents. These modifications follow particular rules and hence legal services for the same are provided.

· Procedures

Choosing the type of business, you want to form. There is a particular sort of businesses or organizations; they vary from Partnership firm to Sole Proprietorship to Limited Liability Partnership to One Person Company to Public and Private Companies. To avoid any mistake, you may need some legal advice. A professional business law firm will offer you a clear understanding of how all kind of companies work or what all benefits and liabilities are included.

It is essential to remember that without any help of legal services you may face lots of problems due to the unfamiliarity of the actions, it may take you a lot of time.

We, at Sherif Saad Law Offices, can help you with all the business registrations and filings. We are just one click or phone call away!

All About Telecommunication Regulation Law in Egypt

telecom law firm egypt

Supported by a community of more than 90 million, Egypt has one of the largest telecom businesses in North Africa. There is compelling competition in most sectors, while one key development has been the recent honor of unified licenses to allow operators to offer services in the fixed-line and mobile industries. The industry has witnessed substantial growth over the last few years, attracting many new players across the telecom ecosystem, including mobile operations, value-added services, passive infrastructure, and equipment manufacturing. Egypt’s telecommunications control has drawn offers from telecommunications providers, to be presented to engage in a new associated license for provision of communications services. Currently, state-owned operator, Telecom Egypt, has a monopoly over landline services and contracts use of its network support to Orange Egypt, Vodafone Egypt and Etisalat who all work in the mobile phone area. The unified license will enable all operators to give both fixed-line and mobile services, at higher speed, and will assist redress Telecom Egypt’s current monopoly over the fixed-line sector. This is likely to be a key investment opportunity in the Egyptian market – the request has already drawn interest from possible new entrants such as China Telecom Corp. and Saudi Telecom Co. Whilst such global interest in the area could increase engagement and benefit consumers, operators may need to adjust the way in which they work in an increasingly contentious environment. 

Data protection remains to be a key challenge. To enhance their offers, telecoms workers are likely to use some sophisticated tools, such as employing superior analytics to collect information to predict customer behavior better and with a view to designating resources more efficiently. Although this grants operator more reaches to up-sell and cross-sell their products, it also appears in them holding more individual data with the resultant call to ensure it is adequately preserved. Egyptian law contains specific provisions relating to data protection. However, these are not as wide-reaching as the data protection laws carried in the UK Data Protection Act 1998 and the EU General Data Protection Regulation. For this logic, international telecoms executives and investors should ensure their local services employ data security policies at least as extensive as those used in their UK and European businesses. Such compatibility of systems will allow them to manage global compliance and prevent more extensive group breaks due to local operations, in Egypt.

The broader range of the unified license may lead operators to develop new support and unique service offerings to build market share. These operators will need to protect any intellectual property created as a result sufficiently. Although Egypt has detailed rules about preserving IP, it is essential for all investors starting new regulations to ensure they fully experience the local landscape for intellectual property security to ensure benefit in their investment is managed - Egypt is no different. Similarly, global labels and other universal protection should also be solicited.

The full range of possibilities and connected risk to investment will turn on the specific compromises that each of the telecoms providers agrees with the regulator and the result of ongoing and future improvements in local and international regulation.

The introduction of the unified license in Egypt is a significant step forward, and the conversion in the state-owned provider’s control of the sector should be a welcome sign of Egypt opening up for further inbound investment possibilities.

The Egyptian authorities give the telecom and IT sector in Egypt special attention. So now with nearly all businesses and government bodies shifting towards activities carried online as well as e-commerce, Sherif Saad Law offices, the leading telecommunication law firm in Egypt, has developed experience in the domain and on the laws and regulations that govern the telecommunications sector in Egypt. The telecom wave has brought upon some problems and disputes that require legal attention, and hence we offer advice on e-signatures, e-commerce, licensing as well as acquisition and transfer of shares in telecom projects.

National Security and Emergency Powers:

The Electronic Communication Law represents extraordinary circumstances as severe scratches to the network, natural accidents, state of crisis or state of war. The Authority’s orders oblige administrators to execute emergency measures throughout the extraordinary circumstances. The relevant minister, in collaboration with the other companies legally authorized to cope with unusual circumstances and with the Authority on Electronic and Postal Communication, offers to the Council of Ministers the measures to be introduced in the notices assigned to the operators.

Additionally, under Law No. 8756, dated 26.3.2001 “On civil emergencies,” government officials have the freedom to use any private or public means or to support with organizations related to difficulties, to avoid or limit outcomes from disasters by the relevant laws, as long as such circumstances exist. This plan can be interpreted as also to be continued to a range of actions towards the system of electronic communication operators in national security orders or civil emergencies.

In the case of any dispute occurring between service providers about Interconnection arrangements between them, such dispute shall be referred to the NTRA to issue a decision thereon by the provisions of such contracts. The NTRA decision will be made without distinction between any of the service providers or in the interconnection charges to be sustained by them. The choice of the NTRA will take into consideration interconnection prices, expenses of technical interconnection and the cost of providing services which will not exceed what is to be considered inexpensive investment revenue. The NTRA will, when studying any of the disputes, have the power to ask any of the parties to submit the necessary papers or data. The decision announced by the NTRA in the dispute shall be conclusive. The minister concerned shall issue a resolution determining the rules and regulations for the procedures of such conflicts. It is forbidden to file any action before a Court of Law regarding such disputes except after a declaration is issued by the NTRA or after 60 days have elapsed from the date of submission, whichever is shorter.

For further information, you can contact Sherif Saad, a telecommunication law firm in Egypt!