Page 61 - Tourism Legislation
P. 61

3-  To  remain  in  such  business  the  travel  agency  shall  realize



               minimum thirty million pounds annually from incoming tourism.










                                               Article 5





               A  travel  Agency  may  be  authorized  to  set  up  hotel,  tourist



               constructions provided the value of such constructions shall not



               be included in calculating the minimum limit of the capital that



               should be available according to the law.




                                               Article 6





               The  Minister  of  Tourism  may  authorize  the  foreign  tourist



               companies to open branches thereof within Egypt providing the



               following conditions shall be fulfilled:









               Tourism Legislations                                               Page 60
   56   57   58   59   60   61   62   63   64   65   66