Sole Corporation

It is incorporated according to provisions of Law No. 72 of 2017, it operates in one activity or more than one stipulated in the first Article of the aforementioned law according to conditions prescribed for each activity. A normal person incorporates a Sole Corporation alone, and is considered a merchant in the rule of law. Minimum capital of a Sole Corporation should be L.E.100000, the law requires the person who wants to do business has to reach 21 years old and competent.