Accelerate the pace of completion of services provided by the commercial registry for registered companies, as an exception to the electronic reservation system
The EGX management agreed with the Internal Trade Development Authority to speed up the pace of completion of all services needed by the companies registered in the commercial register, especially the completion of the legal procedures for all the amendments they make, especially the procedures for marking the commercial register.
This came in connection with the efforts of the Egyptian Stock Exchange management to improve the business environment for companies whose securities are listed on the Egyptian Stock Exchange’s lists. And within the framework of continuous coordination and constructive cooperation with the Internal Trade Development Authority, in taking all necessary to simplify and facilitate procedures and services.
Given the importance of the time factor in the procedures for listing and notifying companies whose securities are listed on the Egyptian Stock Exchange, The Internal Trade Development Authority has issued a general circular to all commercial registry offices in the Arab Republic of Egypt to speed up the pace of providing commercial registry services for companies listed on the Egyptian Stock Exchange or their representatives as an exception from the electronic reservation system for companies applied in commercial registry offices after submitting evidence of their registration in the Egyptian Stock Exchange.
This step comes in light of the two parties’ keenness to improve the business environment, especially in light of the role that the Agency plays in providing commercial registry services to individuals and companies.