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New amendment regarding Port Said East and West reductions in Suez Canal Economic Zone

Posted on: November 5th, 2018

Dear Sirs, We feel we must bring you new developments that we hope will positively entice members of the marine community to bring back/continue calling to Egyptian ports. The General Authority for the Suez Canal Economic Zone has now amended their decree No. 127/2017 by amending and issuing the decree No.121/2018 which aims at reducing […]

Fake News, Personal Data and Internet Safety: Egyptian Parliament takes measures to secure internet users and aims to curb information technology crimes by issuing new Laws

Posted on: September 10th, 2018

Cybercrime is a fast-growing concern around the world. More and more criminals are exploiting the speed, convenience and anonymity of the Internet to commit a diverse range of criminal activities that know no borders, either physical or virtual, causing serious harm and posing very real threats to internet users. Several discussions have taken place in […]

Are Capital Goods Subject to a Sale Tax in Egypt?

Posted on: September 10th, 2018

What are capital goods? In a legal capacity,capital goods have been defined as goods that are purchased and used in the production of other goods, as such they are not the end user good that consumer could purchase. In other words, these goods are tangible assets that a business uses to produce goods or services […]

Shipowners Limitation of Liability For Maritime Claims under Egyptian Maritime Law

Posted on: September 10th, 2018

  Maritime transport is important for both economic and commercial aspects of our lives today, as it is one of the main types of transportation method adopted worldwide. Despite the progress of air transport and the amount of goods transported by air, maritime transport still has the superiority in the field of transportation due to […]

New Roles at the Firm

Posted on: August 8th, 2018

Eldib Advocates is proud to announce that three prominent lawyers at the firm have been promoted to Junior Partners. Richard Tibichrani, Hany Maamoon and  Karim Marouny have all earned their new titles through their impeccable work ethic, leadership skills and dedication to the firm.  

Tax Dispute Resolution Act

Posted on: July 30th, 2018

In August of 2016, the Egyptian Parliament approved a law for settling tax disputes between civilians and the tax authority. The law, which is considered the last option for an amicable reconciliation with the tax authority, later took effect on September 28, 2016. The aim of the law was to resolve a backlog of more […]

Egypts Imports and Exports

Posted on: October 25th, 2016

As the country continues to struggle with a foreign currency crisis, Egypt has also witnessed difficulties with imports, which have declined by 19 percent. Additionally the government has introduced a number of restrictions on imports, for instance in December 2015, the Ministry of Trade and Industry issued Decree No. 992/ 2015, which imposes a mandatory […]

Value Added Tax

Posted on: October 25th, 2016

  Value Added Tax Value Added Tax, a barbed matter that has always been surrounded by fear of the poor and anger of the wealthy. A double-edged weapon that has proven to be an efficient way in increasing the government’s income, yet, always thought to be an extra burden on the Middle and Lower income […]

Transfer of Technology

Posted on: June 20th, 2016

“It’s not that we use technology, we live technology” – Godfrey Reggio We use technology in our everyday quick paced lives in order to facilitate our daily interactions in all fields. The ever growing and evolving technology is transferrable to give everyone access to its use. In this article we aim at tackling various points and […]

Arbitration and Maritime in Egypt

Posted on: June 20th, 2016

  “Wars will remain while human remains. I believe in my soul in cooperation, in arbitration but the soldier’s occupation we cannot say is gone until human nature is gone.” Rutherford B. Hayes Apart from the fact that shipping is a fascinating, globalised and complex industry, it still remains unique and different from other industries. […]