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General Rules for validity of Power of Attorney related to Incorporation:

  • The content of the Power of Attorney should be as the attachment (form of a general power of attorney for incorporation, amendment, and representation of companies).
  • Names of founders should be the same in powers of attorney and IDs (National ID/ Passports for foreigners), bank certificate for Capital companies Law NO. 159 of 1981 or Law No. 72 of 2017.
  • The power of attorney shouldn’t be a private one but a general Power of attorney for incorporation, amendment, representing companies.
  • Full name of founders' agent should be the same in both powers of attorney and ID
  • In the event of creating power of attorney outside Arab Republic of Egypt (powers of attorney written abroad)
    • If the power of attorney was done before the Egyptian counsel in the destination of the agent, it would not be taken into consideration until authorizing the Counsel's signature from the Mastery of Foreign Affairs in Arab Republic of Egypt.
    • If the power of attorney was done before competent foreign authorities, it should be authorized from the Egyptian counsel in this country and to authorize the counsel's signature from the Ministry of Foreign Affairs in Arab Republic of Egypt.
  • The clause (in the contract with oneself or others) is not to be added in the power of attorney unless the founders' agent is one of the founders or a partner in the company (in this case the power of attorney shall not be cancelled unless the two parties are present).
  • If one of the company's founders is a legal personality (company) either Egyptian or foreigner and represented by its Chairman (in case of Joint Stock Companies) or its director (in case of Limited Liability Company), there are two cases clarified hereunder:
    • If it was a representative of the company and partner in the company to be incorporated, the following clause should be mentioned (on behalf of himself and in his capacity as company's Chairman … or director of the company …).
    • If it was only a representative of the company, the clause (and in his capacity) should be mentioned only.
  • In the event of the legal personality is an Egyptian company, a document should be attached to the power of attorney to indicate the special status of the company's representative (for example the commercial Register), in addition to a document indicates the power of the company's representative and the approval of the company on this.

You can upload a form of general power of attorney of incorporation, amendment, and representation of companies via this link