Law & Regulation
Restructuring, Preventive Reconciliation and Bankruptcy Law
Egypt's first law entirely dedicated to bankruptcy, in force since 19 March 2018, replacing the bankruptcy provisions previously in the Trade Code (Law 17/1999). Provides three pathways — restructuring, preventive reconciliation, and bankruptcy — including an out-of-court restructuring option for merchants and companies with a minimum EGP 1 million capital.
Legal Significance
What This Instrument Does
Establishes Egypt's modern insolvency and restructuring framework, including a dedicated out-of-court restructuring mechanism.
Why It Matters
Governs distress and restructuring scenarios for project companies and their counterparties operating in Egypt.
Legal Framework Position
- Insolvency / BankruptcyPrimary / Framework Instrument
Instrument Overview
- Official Citation
- Law No. 11 of 2018
- Instrument Type
- Law / Act
- Effective Date
- 19 March 2018
- Last Verified
- 30 September 2026