Company without headquarters
The law allowed fund companies (joint stock companies, limited liability companies, and one-person companies) to be established without a headquarters, and this is a legal need, and the law allowed it. The Investment Authority does not require you to have a lease contract for the first year, nor do taxes make an inspection of the company’s headquarters. As for private companies (partnership companies and Limited partnership companies and individual establishments) must remain in the premises before taking any of the company’s incorporation procedures,,
But you need to know the advantages and disadvantages of establishing a company without a headquarters for the first year
Advantages of establishing a financial company without a headquarters:
1- The first year, there is no cost of a residence
2- You can try the market without establishing and furnishing a headquarters, because if God forbid, if your company’s activity falters, you can carry out a liquidation with minimal losses
3- You can contract with any governmental and non-governmental agencies with your company's paper and get it working as soon as possible
Disadvantages of establishing a capital company without a headquarters:
1- If you are going to open an insurance file for your company, you will not know in the first year, because the insurance company is going to do an inspection and inspection, but most companies do not open an insurance file in the first year.
1- Note the value-added certificate, if we are going to extract it for the first time, it will come out temporary for a period of 6 months without any tax inspections, and after that you will need a place to renew the certificate. But if your activity does not require the issuance of a value-added certificate or the volume of your dealings is not equal to 500 thousand for some activities, then you will be able to benefit from the whole year without headquarters
3- Note that changing the address will cost you fees and charges for amending the company in the second year
Cost of establishing a one-person company in Egypt
Learn about the cost of establishing a one-person company in Egypt and discover the details of the required procedures with Diwan Office, which provides you with advice on establishing your company at an appropriate cost.
