How To Setup a Factory ?
The Requested Documents :
1 - Presenting an investment application with full data.
2 - The application is submitted to technical committee of free zones.
3 - The acceptance of general free zone’s board in Ismailia.
4 - Receiving the designated land of project and paying the land’s fees in return of
services. The land can be received after issuing the acceptance of technical
committee directly and before submitting it to the board.
5 - Presenting the engineering diagrams of the project accredited.
6 - Supervision certificate forms an engineer from the engineering syndicate.
7 - Letters of guarantee for the sake of investment general authority and free
zones general free zone Ismailia as a temporary insurance. Estimated 1% of the
value of constructions and minimum 2500 Egyptian pounds. This for the possible
damages which may happen to the basic structure.This sum of money will be
reimbursed after finishing the construction operations (for the sake of the general
free zone in lsmailia)
8 - The elementary contract of the company for revision.
9 - Letters of guarantee is presented from one of the ed banks in the central
bank. for the sake of investment general authority and for getting the authority’s
reimbursements. According to industrial projects I %of the investment costs
minimum 5000 dollars and maximum 50000 dollars.2% of the investment costs
minimum 10000 dollars and maximum 10000 dollars Refrigerators represent 1%
of the investment costs minimum 10000 dollars and maximum 10000 dollars.
The period of time Acceptance of the technical committee in tow weeks after
presenting the requested documents Submitting the documents to the board
to be accepted.
Payment’s system:
A payable Check estimated 1000 pounds is made out of the head of industrial
zone development in east Qantara. Or cash by a deposit order from the system’s
accounts. When the land is determined 15% of it is paid as an advance and the rest in
five years installments with 7% interests. Another optional system 15%is paid as an
advance and the land is rented for benefiting for 2 years priced 50 piasters for a meter
in a year first installment is paid at the end of third year.
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