Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles

طباعة
 


Article 210
Starting Date: 01/01/1971

Businesses related to the following matters are considered as commercial businesses irrespective of the intention or the capacity of the person doing them:-
1. Banking transactions.
2. Current account.
3. Exchange and Commercial Exchanges.
4. Brokerage and agency commission.
5. Bills and bonds ( to the order of) and checks.
6. Establishment of commercial companies and the sale or purchase of shares and bonds.
7. General stores and mortgages consequent to funds deposited in.
8. Extraction of minerals, oils and stone cutting and other things extracted from natural resources.
9. Various kinds of Insurances.
10. Stores intended for the public, the public playgrounds, cinemas, hotels, restaurants and stores of auction sales.
11. Distribution of water, electricity and gas, and a postal, telegraphic and telephone calls.
12. Transportation by land, sea and air.
13. Agencies of businesses and offices of tourism export and import.
14. Printing, publication, press, radio, television and broadcasting of news or photos, advertisements and sale of books.
15. Factories, even if connected with agricultural investment and undertakings of construction or manufacturing.
16. Contracting of building construction, modification, refurbishment or demolition once the contractor undertake supply of raw material or labour.
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