Law in Cairo in
2003 - 2006
Egypt cut the minimum capital required to start a business, from 50,000
Egyptian pounds to just 1,000 and halved the time and cost of start-up.
Egypt reduced fees for registering property from 3 percent of the
property value to a low, fixed amount.
Egypt eased the bureaucracy that builders face in getting construction
permits.
2 years earlier company tax became a flat tax of 20 percent.
Personal income tax has also been reduced.