{"id":319908,"date":"2020-12-13T12:07:33","date_gmt":"2020-12-13T12:07:33","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=319908"},"modified":"2020-12-13T12:07:33","modified_gmt":"2020-12-13T12:07:33","slug":"investment-law-amendments-offer-new-incentives-in-egypts-new-capital","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/","title":{"rendered":"Investment Law amendments offer new incentives in Egypt\u2019s New Capital"},"content":{"rendered":"

The recent amendments to the Investment Law\u2019s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) \u2013 areas most in need of development according to the investment map \u2013 which will facilitate investment opportunities in the project.<\/span><\/p>\n

The NAC will also witness new investment incentives that were recently approved by the Administrative Capital for Urban Development (ACUD), according to the company\u2019s spokesperson Khaled El Hosseini.<\/span><\/p>\n

El Hosseini added that according to the Investment Law, tax incentives and facilities will be provided, including granting investment projects that are being developed after the law\u2019s implementation. <\/span><\/p>\n

There will also be an investment incentive, as a deduction from taxable net profits, at a deduction of 50% from investment costs.<\/span><\/p>\n

He added that in all cases the investment incentive must not exceed 80% of the paid capital until the date of commencement of operation, in accordance with the provisions of the Income Tax Law promulgated by Law No. 91\/2005. At the same time, the period of deduction must not exceed seven years from the date of commencement of operation.<\/span><\/p>\n

In its weekly meeting in late November, the Egyptian Cabinet approved a draft decree to amend the second paragraph of Article No. 10 of Executive Regulations for the Investment Law. In doing so, it added the NAC within Sector (A) within the scope of application of the provisions of the Investment Law promulgated by Law No. 72\/2017.<\/span><\/p>\n

The text of the cabinet\u2019s decision stated that this amendment comes within the framework of revitalising investment opportunities in the NAC.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The recent amendments to the Investment Law\u2019s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) \u2013 areas most in need of development according to the investment map \u2013 which will facilitate investment opportunities in the project.<\/p>\n","protected":false},"author":4,"featured_media":319909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,33],"tags":[86],"class_list":["post-319908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest","category-main","tag-new-administrative-capital"],"yoast_head":"\nInvestment Law amendments offer new incentives in Egypt\u2019s New Capital - egy-africa<\/title>\n<meta name=\"description\" content=\"The recent amendments to the Investment Law\u2019s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) \u2013 areas most in need of development according to the investment map \u2013 which will facilitate investment opportunities in the project.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investment Law amendments offer new incentives in Egypt\u2019s New Capital - egy-africa\" \/>\n<meta property=\"og:description\" content=\"The recent amendments to the Investment Law\u2019s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) \u2013 areas most in need of development according to the investment map \u2013 which will facilitate investment opportunities in the project.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"egy-africa\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-13T12:07:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aya Abdulghany\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aya Abdulghany\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/\",\"url\":\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/\",\"name\":\"Investment Law amendments offer new incentives in Egypt\u2019s New Capital - egy-africa\",\"isPartOf\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1\",\"datePublished\":\"2020-12-13T12:07:33+00:00\",\"dateModified\":\"2020-12-13T12:07:33+00:00\",\"author\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131\"},\"description\":\"The recent amendments to the Investment Law\u2019s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) \u2013 areas most in need of development according to the investment map \u2013 which will facilitate investment opportunities in the project.\",\"breadcrumb\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1\",\"width\":768,\"height\":430},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/egy-africa.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investment Law amendments offer new incentives in Egypt\u2019s New Capital\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/egy-africa.com\/en\/#website\",\"url\":\"https:\/\/egy-africa.com\/en\/\",\"name\":\"egy-africa\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/egy-africa.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131\",\"name\":\"Aya Abdulghany\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g\",\"caption\":\"Aya Abdulghany\"},\"sameAs\":[\"http:\/\/egy-africa.com\",\"mohamed nour\"],\"url\":\"https:\/\/egy-africa.com\/en\/author\/aya-abdulghany\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Investment Law amendments offer new incentives in Egypt\u2019s New Capital - egy-africa","description":"The recent amendments to the Investment Law\u2019s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) \u2013 areas most in need of development according to the investment map \u2013 which will facilitate investment opportunities in the project.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/","og_locale":"en_US","og_type":"article","og_title":"Investment Law amendments offer new incentives in Egypt\u2019s New Capital - egy-africa","og_description":"The recent amendments to the Investment Law\u2019s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) \u2013 areas most in need of development according to the investment map \u2013 which will facilitate investment opportunities in the project.","og_url":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/","og_site_name":"egy-africa","article_published_time":"2020-12-13T12:07:33+00:00","og_image":[{"width":768,"height":430,"url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1","type":"image\/jpeg"}],"author":"Aya Abdulghany","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Aya Abdulghany","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/","url":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/","name":"Investment Law amendments offer new incentives in Egypt\u2019s New Capital - egy-africa","isPartOf":{"@id":"https:\/\/egy-africa.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#primaryimage"},"image":{"@id":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1","datePublished":"2020-12-13T12:07:33+00:00","dateModified":"2020-12-13T12:07:33+00:00","author":{"@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131"},"description":"The recent amendments to the Investment Law\u2019s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) \u2013 areas most in need of development according to the investment map \u2013 which will facilitate investment opportunities in the project.","breadcrumb":{"@id":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#primaryimage","url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1","contentUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1","width":768,"height":430},{"@type":"BreadcrumbList","@id":"https:\/\/egy-africa.com\/en\/2020\/12\/13\/investment-law-amendments-offer-new-incentives-in-egypts-new-capital\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/egy-africa.com\/en\/"},{"@type":"ListItem","position":2,"name":"Investment Law amendments offer new incentives in Egypt\u2019s New Capital"}]},{"@type":"WebSite","@id":"https:\/\/egy-africa.com\/en\/#website","url":"https:\/\/egy-africa.com\/en\/","name":"egy-africa","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/egy-africa.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131","name":"Aya Abdulghany","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g","caption":"Aya Abdulghany"},"sameAs":["http:\/\/egy-africa.com","mohamed nour"],"url":"https:\/\/egy-africa.com\/en\/author\/aya-abdulghany\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/190206101948048_hero-image-768x430-1.jpg?fit=768%2C430&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pcF3XZ-1ldO","_links":{"self":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/319908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/comments?post=319908"}],"version-history":[{"count":1,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/319908\/revisions"}],"predecessor-version":[{"id":319910,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/319908\/revisions\/319910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media\/319909"}],"wp:attachment":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media?parent=319908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/categories?post=319908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/tags?post=319908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}