Third: Money companies

These companies, in contrast to the previous type, do not depend on personal consideration and have no role in these companies, but they are mainly based on raising the capital necessary to exploit the company's activity, and on this the financial consideration is advanced to occupy the first position in these companies, and the clear model for these companies is a company Contribution, if it is often for capital companies to undertake huge projects that need large capital that a limited number of partners are unable to provide, as is the case in the companies of persons, and on this companies depend mainly on the underwriters where the capital of the company is divided into shares of equal value and usually the share value Cheap so that a large number of people with limited income can subscribe to it, and the shareholder’s responsibility in this company is limited to the value of the shares he subscribed to.

The documents required for incorporation

Required Documents :

1- A bank certificate with a deposit of at least 10% of the issued capital

2- A copy of a valid national ID card for all of the founders (the number of founders is not less than 3 individuals)

3- Agencies establishing companies from all the founders

4- A fixed tenancy rental contract from the real estate registry

Minimum capital:  ☚ 250,000 EGP