Service description

commercial brokers 

Place of Service

1 Sheikh Maarouf St. intersection of Ramsis Street

Requirements of Service 

1. The validity of form of commercial brokers lasts for 5 years regardless of the period stipulated in the brokerage contract.
2. Establishing a record for each real estate broker in which all his contracts with its modifications whenever it occurs are registered.
3. the broker is obliged to present any modifications occurring to the contract or to any of its parties to the General Organization for export and import control according to the terms applied in this concern.
4. The broker is obliged to present any real estate brokerage contracts assigned to him during the period of registration.
5. The registration will be renewed every five years and a renewal request should be presented ninety days before the termination date of registration. However, the renewal request will be accepted if it is presented during the following ninety days of registration termination with double fees and if the renewal request is not presented the registration is considered to be cancelled.

Required documents (individual)

1. Fill in the application form which is signed by the stakeholder before the competent employee, or validates the authenticity of the signature from an accredited bank.
2. Presenting the real estate brokerage contract with the names of the contracting parties, the description of the real estate, terms of brokerage, the brokers' fees and any other more data and to be authenticated by the real estate registration authority.
3. Formal copy of a valid commercial registration in which works of real estate brokerage are included within the framework of its activities.
4. Copy of the taxes card where its data are identical to those in the commercial registration (Original copy must be presented)
5. Copy of identity card (Original copy must be presented)
6. Formal copy of birth certificate, or military status certificate to prove nationality, or presenting an application card of obtaining the Egyptian nationality if the applicant is not Egyptian provided that this card was presented 10 years ago.
7. Presenting acceptance of resignation or retirement for ex-employees at government, public sector, public authorities, or municipalities unit provided that two years have passed since he left his job.
8. Signing the form of commercial brokers by the applicant before the competent employee or the form should carry a signature authenticity from an accredited bank.

 Required documents (companies)

1. Fill in the application form which is signed by (the stakeholder – the responsible manager – chairman – delegate member) before the competent employee, or validates the authenticity of the signature from an accredited bank.

2. Presenting the real estate brokerage contract with the names of the contracting parties, the description of the real estate, terms of brokerage, the brokers' fees and any other more data and to be authenticated by the real estate registration authority.

3. Formal copy of a valid commercial registration in which works of real estate brokerage are included within the framework of its activities, and to mention the central branch location, provided that the company's capital is not less than twenty thousand Egyptian pounds

4. Formal copy of the contract of establishing the company with any modifications occurred provided that the contract is registered and publicised as per shareholder companies and Partnerships Limited by Shares. As for the companies with limited liabilities, they should present a copy of their commercial registration in which the company contract and its basic system is publicised and identical to the its commercial register.

5. Copy of the taxes card where its data are identical to those in the commercial register (Original copy must be presented) but the public sector companies are exempted.

6. The last fiscal year as per the previous year presented to tax authority to prove that its capital is not less than 20 thousand pounds if the company is old or a year passed since its existence. And if the company has just launched its activities or its existence is less than one year, a certificate will be presented denoting that a sum of 20 thousand pounds is deposited in its account in any of accredited banks. The public sector companies are exempted of this procedure.

7. The following documents are presented by the affiliated partners , managers , chairman and members of the board who have the right of management and signature and whose names are listed in commercial register and the public sector companies are exempted from this procedure:

    

      -A statement of criminal status according to decree number 362/2005.

      -Copy of identity card (original presented for verification)

      -Formal copy of birth certificate, or presenting an application card of obtaining the Egyptian nationality if the applicant is not Egyptian provided that this card was presented 10 years ago. This paragraph is applied to the partners in Partnerships Limited by Shares .Noting that the companies with limited liabilities are treated as individual companies.

      -Presenting acceptance of resignation or retirement for ex-employees at government, public sector,  public authorities, or municipalities unit provided that two years have passed since he left his job.

8. Signing the form of commercial brokers by the applicant  who has the right to manage before the competent employee or the form should carry a signature authenticity from an accredited bank.

    

Procedures of Service

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