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تقييم الخدمة

Registration and re-registration of real estate brokers

Service description

  • It is not permissible to extract the commercial register and engage in real estate brokerage work except after being registered in the register of real estate brokers in accordance with Law 82/120.
  • The Tax Authority issued circular No. 2 of 2020 regarding the obligation of real estate brokerage financiers to submit evidence of their registration in the real estate brokers registry in the authority
  • Before obtaining or renewing the commercial register, a letter must be obtained from the register of real estate brokers at the authority stating that the facility has been temporarily registered in the register of real estate brokers until the commercial register is extracted

Place of service

  • GOEIC branches in Maarouf - Sixth of October - Tenth of Ramadan - Alexandria - Port Said - Damietta - Suez - Sharkia - Menoufia - Ismailia - Arish - Tanta - Investors Services Complex in the Authority
  • Real estate chambers (Alexandria - Kafr El Sheikh - Tanta - Damanhour - Sohag - Arish)

Conditions required be registering and re-register in the Real Estate Brokers Register

First, the conditions required for individual establishments to be registered in the Real Estate Brokers Register

  1. The activity of doing business (brokerage - brokerage - marketing - real estate) must be registered in the commercial register
  2. The owner of the facility and the authorized agent (if existed), both of them shall be of good reputation and full capacity and not included in the lists of terrorism and have not been previously convicted of a felony penalty or a penalty restricting freedom in a crime against honor or trust, or in one of the crimes stipulated in Law 120/ 1982 or Laws of import, export, currency, customs, tax, catering, company or trade, unless he has been rehabilitated
  3. That the owner of the facility and the authorized agent (if existed) have not declared bankruptcy, unless he has been rehabilitated
  4. The owner of the facility and the authorized agent (if existed), both of them are not employees of the government, local government units, public authorities, public sector companies and units, and if one of them is a former employee in these bodies, at least two years must have passed since the date of his leaving the service by resignation or for a disciplinary reason
  5. That the owner of the facility and the authorized agent (if existed) both of them are not members of the House of Representatives, Senate, or local people’s councils, or are devoted to political work throughout the term of membership or full-time, unless he was originally engaged in this work before his membership or sabbatical.
  6. That the owner of the facility and the authorized agent (if existed), both of them are not first-degree relatives of one of the political office holders or of one of the categories stipulated in the previous item
  7. That the owner of the facility and the authorized agent (if existed), both of them are not first-degree relatives of one of the employees of the rank of general manager or above, and who are at their level, members of the purchase or sale committees or decision-making in one of the government agencies or bodies and public sector companies and units
  8. In the case of re-listing the real estate broker who was previously written off by virtue of a judgment issued against him in one of the crimes stipulated in Articles 22-21 of Law 1982/120, five years must elapse from that write-off

Second, the conditions required for companies to be registered in the Real Estate Brokers Register

  1. The main center of the real estate broker must be according to the commercial registry in Egypt
  2. One of the purposes of the real estate broker, in accordance with the company’s commercial register, its articles of association, or its articles of incorporation, must be to carry out the work of (brokerage - brokerage - real estate marketing)
  3. The company’s capital must not be less than twenty thousand pounds, according to the latest budget submitted by the company to the Tax Authority for the fiscal year preceding the application for registration.
    Or according to a certificate of deposit in one of the approved banks in the name of the company in the case of companies that have not passed one year
  4. All those whose names are registered in the commercial register must be, none of them has been declared bankrupt or the company itself has been declared bankrupt, and each of them is fully qualified and reputable and is not included in the lists of terrorism and has not been previously convicted of a felony or a freedom-restricting penalty in a crime against honor or trust, or in One of the offenses stipulated in Law 120 /1982 or the import or export laws, cash, customs, taxes, catering, companies or trade, unless he has been rehabilitated
  5. All those whose names are registered in the Commercial Register must be employees who are not employees of the government, local government units, public authorities, public sector companies and units, and if any of them were former employees in these bodies, at least two years must have passed since the date of leaving the service by resignation or for a disciplinary reason
  6. All those whose names are registered in the Commercial Register, none of them must be a member of the House of Representatives, Senate, or local people’s councils, or full-time for political work throughout the term of membership or full-time, unless he was originally engaged in this work before his membership or sabbatical.
  7. All persons whose names are registered in the commercial register must be, none of them are first-degree relatives of one of the political office holders or one of the categories stipulated in the previous item.
  8. All those whose names are registered in the Commercial Register, none of them must be first-degree relatives of one of the employees of the rank of general manager or above, and those of their level who are members of the procurement or sale committees or decision-making in one of the government agencies or bodies and public sector companies and units.
  9. To re-register a company that was previously written off from the register of real estate brokers by virtue of a judgment or decision issued against it in one of the crimes stipulated in Articles 21-22 of Law 120/1982, five years must have passed since that cancellation

Third, the conditions to be met in a real estate brokerage contract

  1. The real estate brokerage contract must include the following:
    • The nature of the work of the real estate broker (brokerage - brokerage - real estate marketing) and his appointment as a real estate broker by the client
    • Liability of the parties to the contract
    • The prescribed commission, the terms of its payment, and the type of currency in which it is paid
    • Specifically for geographic area
    • Specifically for the service scope, which is to determine the specifications of the real estate or services subject to the mediation contract
    • The principal’s ownership of the real estate, the trademarks it bears, or the services subject of the real estate brokerage contract
    • In the event that a third party owns these real estate or the trademarks that bear them, the contract must include
    • Third party consent to the principal's use of the trademark
    • Giving the third party to the client the right to appoint a third party
    • If the contract was issued by a foreign company or entity
    • The contract must include the commitment of the foreign company or entity to provide the competent Egyptian consulate with each agreement that includes an amendment to any statement of the contract data.
  2. If the contract was issued locally by a client (individual properties or company of persons or funds)
    The contract must be notarized by the real estate registry
    If the contract was issued locally by a client (public sector company)
    The contract must be stamped with the company's Republic logo
    If the contract was issued by a foreign company or entity
    The contract must be attested by the competent chamber of commerce or the official body acting on its behalf in the country of the foreign client and certified by the Egyptian consulate or embassy in the country of the foreign client

Fourth, the conditions to be fulfilled by the person acting on behalf of the real estate broker

  1. He must be Egyptian
  2. It must be entrusted under an official power of attorney notarized by the real estate registry
  3. If the person acting on behalf of the real estate broker is among the employees of the government, public bodies, public institutions or local government units
    His employer must agree to represent the real estate broker before the commission

Documents required for registration or re-registration in the register of real estate brokers

First the documents required from the individual establishment

Documents required from an individual properties before obtaining a commercial register

  1. Complete the application for registration of real estate brokers signed by the concerned person or the authorized agent (if existed) in front of the competent employee or agent
  2. A copy of the tax card with its complete data and the original for review
  3. Complete an undertaking form to bring documents before receiving.
    If the applicant for registration is an agent of the facility, the following documents are required from him:
  4. A copy of a notarized power of attorney from the real estate registry with a review of the original (even a second agent is accepted only)
  5. A copy of the agent's national ID card
  6. Complete the declaration of validity of the power of attorney (original)
  7. If he is a government employee, public authority, public institution, or local government unit, he submits a letter from his employer that there is no objection to that authority for the employee to perform proxy work for others and that he has taken an unpaid leave
    Documents required to be completed by the owner of the facility and the authorized agent (if existed)
  8. A copy of the national ID card or passport and the original for viewing
  9. Official extract of birth certificate or copy of military treatment (for Egyptians)
  10. A confirmation form for the individual registration of the real estate brokers, signed by the person concerned and the authorized agent (if existed) in front of the competent employee, or the approval of the validity of the signature from the bank
  11. The decision to accept the resignation or the termination of service, if the applicant is a former employee of the government, public bodies, public institutions, local government units, public sector companies or the public business sector, provided that two years have passed since he left work

Documents required after obtaining the commercial register

  1. A recent official extract from the valid commercial register (provided that its validity period is not less than 90 days), including the activity (brokerage - brokerage - real estate marketing or that it works in accordance with the provisions of Law 82/120)
  2. An official certified copy of the real estate brokerage contract that fulfills the conditions for registering real estate brokerage contracts
    (As previously mentioned in the item “Thirdly, the conditions required to be fulfilled in the real estate brokerage contract”)
  3. If the contract was issued by a foreign company or entity and in the foreign language only, it shall be submitted:
    The original translation of the real estate brokerage contract according to the established rules regarding translation
  4. If the real estate or the trademark bearing it is owned by the principal and it is not expressly provided for in the real estate brokerage contract, one of the following documents shall be submitted
    (With its authentication from the competent authority in the country of the client or from the competent Chamber of Commerce and attested by the Egyptian Consulate abroad)
    An appendix to the contract stating that the trademarks are owned by the principal
    Or a trademark registration certificate from the competent department in the country of the client
  5. If the real estate or the trademarks you carry are owned by a third party
    A relationship letter between the principal and the third party, authenticated by the third party’s country, that includes:
    • Third party trademark ownership
    • Third Party Consent to Principal's Use of the Trademark
    • Giving the third party to the client the right to appoint a third party
    • If the letter of the relationship between the principal and the third party does not state that the third party owns the trademark, it shall be submitted with the letter
      Trademark registration certificate from the competent department in the country of the client
  6. A copy of the last tax return with the stamp of the emblem of the Republic from the Tax Authority with access to the original

Second, the documents required from companies

Documents required before obtaining the commercial register

  1. Complete the application for registration of real estate brokers signed by the person who has the right to manage and sign in front of the competent employee or his legal representative
  2. If the real estate broker is a company of people
    A copy of the company’s articles of incorporation and the amendments made to it, registered and notarized on it
    If the real estate broker is a money company
    A copy of the companies newspaper in which the company’s contract and articles of association and the amendments made to it are published
    If the real estate broker is a public sector company
    A copy of the construction decision bearing a live seal of the emblem of the Republic, with exemption from documentation in the real estate month
  3. The registration declaration for companies signed in front of the competent employee, or with a valid signature from the bank, provided that it is completed by
    • All general partners in partnership companies according to the company’s contract
    • All directors of limited liability companies according to the articles of association or the company's newspaper
    • From all members of the board of directors and managers appointed in joint-stock companies in accordance with the articles of association or the companies’ gazette
      (Public sector companies are exempted from this)
  4. If the real estate broker is a company of persons
    A copy of the tax card with complete data and the original for viewing
  5. Complete an undertaking form to bring documents before receipt from the applicant for registration
    Documents to be completed by all those whose names are mentioned in the contract or the newspaper in the partnership companies and limited liability companies and from all the members of the board of directors and the managers appointed in the contract or the minutes of incorporation or the companies’ newspaper in joint-stock companies (public sector companies are exempted from it)
  6. A copy of the national ID card or passport and the original for viewing
  7. Official extract of birth certificate or copy of military treatment (for Egyptians)
  8. The decision to accept the resignation or end the service, if one of the aforementioned is a former employee of the government, public bodies, public institutions, local government units, public sector companies or the public business sector, provided that two years have passed since he left work
    If the applicant for registration is an agent of the facility, the following documents are required from him:
  9. A copy of a notarized power of attorney from the real estate registry with a review of the original (even a second agent is accepted only)
  10. A copy of the agent's national ID card
  11. Complete the declaration of validity of the power of attorney (original)
  12. If he is a government employee, public authority, public institution, or local government unit, he submits a letter from his employer that there is no objection to that authority for the employee to perform proxy work for others and that he has taken an unpaid leave

Documents required after obtaining the commercial register

  1. A recent official extract from the valid commercial register (provided that its validity period is not less than 90 days, including the activity (brokerage - brokerage - real estate marketing) or works in accordance with the provisions of Law 120/1982 - the capital is not less than twenty thousand pounds
  2. If the company is one year old or more
    A copy of the last tax return bearing a live stamp for the emblem of the Republic from the Tax Authority, with a review of the original
    If the company is less than a year old
    An original certificate stating that the capital has been deposited in one of the approved banks in the name of the company as a deposit or in the current account
    (Public sector companies are exempted from this)
  3. If the real estate broker is a money company or a public sector
    A copy of the tax card with its data completed and identical to the data of the commercial register and the original for review
  4. An official certified copy of the real estate brokerage contract that fulfills the conditions for registering real estate brokerage contracts
    (As previously mentioned in the item “Thirdly, the conditions required to be fulfilled in the real estate brokerage contract”)
  5. If the contract was issued by a foreign company or entity and in the foreign language only, it shall be submitted
    The original translation of the agency contract according to the established rules regarding translation
  6. If the real estate or the trademark bearing it is owned by the principal and it is not expressly provided for in the real estate brokerage contract, one of the following documents shall be submitted
    (With its authentication from the competent authority in the country of the client or from the competent Chamber of Commerce and attested by the Egyptian Consulate abroad)
    • An appendix to the contract stating that the trademarks are owned by the principal
    • Or a trademark registration certificate from the competent department in the country of the client
  7. A relationship letter between the principal and the third party, authenticated by the third party’s country, that includes:
    • Third party trademark ownership
    • Third Party Consent to Principal's Use of the Trademark
    • Giving the third party to the client the right to appoint a third party
      If the letter of the relationship between the principal and the third party does not state that the third party owns the trademark, it shall be submitted with the letter
  8. Trademark registration certificate from the competent department in the country of the client

Registration procedures

  1. Reserving an appointment through the GOEIC’s website (in case the application is submitted in MAROUF, October, or the Authority’s Investors Services Complex)
    Please see the instructions for use when booking the appointment
  2. Submit the required documents before obtaining the commercial register
  3. Check the documents
  4. Determining fees at the application receiving window at the authority’s branches or the competent chambers of commerce, provided that they are paid with the visa
  5. Pay the fees
  6. Obtaining the letter addressed to the commercial registry
  7. Extracting the commercial register and completing the rest of the required documents in accordance with the provisions of Law No. 120/82
  8. Submit the rest of the documents required for registration in the Real Estate Brokers Register in accordance with the pledge signed before receipt
  9. Financial and Technical Review - Entering Brokers Record Card Data
  10. The person concerned should review the card before wrapping it and receiving it
  11. Packaging-Delivery

Important Notes

  1. A real estate broker is someone whose activity as an intermediary is limited - even for a single transaction - to searching for a contractor or negotiating with him to convince him to contract, including contracting to sell or buy real estate or perform any act of commercial agency for one time or was associated with the producer, dealer or distributor with a work contract
  2. The real estate brokerage, broker, and real estate marketer are included in the scope of real estate brokerage
  3. Individual properties and companies of persons established in accordance with the law of a body dealing with the treatment of money companies with regard to documents that are completed before and after the issuance of the commercial register
  4. Registration and declaration forms can be obtained from the GOEIC’s website
  5. To find out the steps for booking an appointment through the authority’s website, please enter the following link
  6. The stamp with 1 pound and the resource development stamp shall be taken into account on the brokerage contracts, their amendments, their translation, any appendix to the contract, the trademark registration certificate, a letter of relationship between the client and the third party, their amendments, and the power of attorney
  7. If the person concerned or who has the right to manage and sign outside the country and delegate his legal representative to submit an application for obtaining the service at the authority, the power of attorney issued by a foreign authority must be certified by the Egyptian embassy or consulate abroad and deposited in the real estate registry in Egypt
  8. The validity of the declarations is 3 months - there is no validity of the power of attorney and even a second power of attorney is accepted
  9. The person acting on behalf of the person concerned or who has the right to administer and sign the application may not sign the personal statements that must be submitted by
    • The person concerned and the authorized agent in the sole proprietorship
    • All general partners in partnerships
    • All managers of limited liability companies
    • All members of the board of directors and managers in joint stock companies
  10. In the event that one of those who fulfill the declarations travels outside the country, the personal declaration and a copy of the passport shall be authenticated by the Egyptian embassy or consulate abroad.
  11. If one of their names in the commercial register is a former employee of the government, public bodies, public institutions, local government units, public sector companies or the public business sector, and his work has ended by reaching the age of retirement, he can be registered in the real estate brokers register without waiting two years
  12. If the person acting on behalf of the person concerned or who has the right to manage and sign is among the employees of the government, public authorities, public institutions or local government units, the real estate brokers registry card shall not be delivered until after notifying his employer
  13. If the service and geographical scope is specified in a real estate brokerage contract, that scope is specified in the real estate brokers registry card
  14. The number of contracts registered in and real estate registered in the real estate brokers registry card is indicated
  15. Real estate brokerage data and products certification guarantee
    • The broker’s data: his name - registration number - registration validity date - tax registration number
    • Principal data Registration code (authentication number at the embassy or consulate) - Registration authority - Client name and nationality - Contract ratification number - Contract start and end - Products subject of the contract - Contract validity (specified - automatic renewal - extended)
  16. Agency contracts translation
    • If the contract submitted for registration is issued in two languages, one of which is Arabic, with the same authentication and approval, it is sufficient
      By submitting a copy of that contract after reviewing the original without the need to translate it locally.
    • If the contract is issued in English only or in more than one foreign language, including English, it shall be translated by any authorized center
      Provides original translation
    • If the contract was issued in a foreign language - other than English - it is translated by a government agency (such as the Ministry of Justice - College of Al-Al sun - a university ... etc.)
      Provides original translation.
  17. If it is a real estate brokerage contract issued by a country in which we do not have diplomatic representation to document it abroad, the following shall be done:
    • Contracts are documented by the Chamber of Commerce in that country
    • It is accredited in the nearest Arab consulate that has a diplomatic representation in that country
    • It is certified by the embassy of that Arab country in Egypt
    • The seal of the embassy shall be ratified by the Egyptian Foreign Ministry. In this case, the contract must include the foreign principal’s obligation to notify the General Organization for Exports and Imports Control of any amendment or change to the contract.
  18. The presence of a valid real estate brokerage contract affixed to the real estate brokers registry card is one of the conditions for continued registration in the real estate brokers registry
  19. In the event that there is only one valid mediation contract installed on the real estate brokers registry card, its validity period is less than 5 years, the validity of the registration in the brokers registry is linked to the expiry date of that contract until other mediation contracts are added
  20. If the broker is linked to the trader’s or distributor’s work contract, the real estate broker pays half of the prescribed fees, and this is proven as follows:-
    If the contract is issued locally, it is submitted
    A copy of a certified work contract from the social insurance and the original insurance print for the mediator
    If the contract is issued from abroad, it is submitted
    A copy of an employment contract notarized by the competent chamber of commerce or the official authority that takes its place in the country of the foreign client and certified by the Egyptian consulate or embassy in the country of the foreign client
  21. The registration is renewed every five years from the date of registration or from the date of the last renewal. In the event that the renewal application is submitted within the ninety days preceding the expiry of the validity period, the normal renewal fee shall be paid, and the fees shall be doubled during the ninety days following the expiry of the validity period, after which the registration shall be administratively written off.
  22. The broker must notify the Authority of every amendment in the data of the real estate brokerage contract entrusted to him within 30 days from the date of documenting the amendment contract
  23. If the authority is not notified within 30 days, the following measures will be taken in accordance with Article 21 of Law 120/1982.
    • Forfeits the right of the establishment to insurance
    • The Authority shall notify the establishment of the forfeiture of its right to insurance by registered letter with acknowledgment of receipt at its last address of which the Authority was notified
    • The facility shall pay double insurance within thirty days from the date of being notified of the forfeiture of its right to insurance
    • In the event of a repetition of the violation, the registration shall be canceled by a decision of the Minister of Economy and the right to recover the double insurance shall be forfeited.
    • The agent has the right to recover the double insurance if he does not repeat the breach
  24. We ask you to be careful to avoid falling into the violations mentioned in Law 120/1982 and its Regulations 342/1982, which you decided to abide by with your personal statements.
Publish Date 29/03/2022 09:29 AM
Last Update 21/07/2022 09:46 AM
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