Do we need to register as lobbyists to meet Egyptian ministries about a new project?

Thank you for reaching out with your inquiry. In Egypt, engaging with ministries and regulators for an investment project requires compliance with a few key regulations. For foreign companies, this typically includes registering with the General Authority for Investment and Free Zones (GAFI), especially if the project involves establishing a new company or investment. Additionally, specific disclosures may be required under the Foreign Investment Law, which governs incentives and protections for foreign investors.

When it comes to arranging meetings with government bodies or submitting position papers, it’s crucial to work within the frameworks set by relevant ministries and ensure proper documentation is in place. Non-compliance or incorrect disclosures could result in delays, penalties, or even restrictions on operations in the country. The penalties vary depending on the nature of the violation, ranging from fines to potential revocation of licenses. We can assist in ensuring all necessary registrations, disclosures, and approvals are met and guide you through the process to minimize risks.

Sincerely,

Ascendance International Consulting