• The company operates through three entities — one in Dubai and two in Egypt. Money flows between them in a way that masks real revenue and avoids taxation.
Dubai sends funds to Egypt as “service payments,” which are then passed off as “salaries” via the second Egyptian entity.
On paper, it appears clean — but in reality, it's a setup designed to evade taxes and hide financial activity.
• Fabricated financial reporting:
In 2024, they submitted false documents to Egyptian tax authorities claiming their bank account was closed due to unprofitability — a move designed to evade tax responsibility.
• No real employment records:
The official headcount is only 9 employees, and only the CEO’s family members are registered for social insurance. Everyone else is treated as if they don’t exist legally — no contracts, no social insurance, no protections.
• Salaries from personal accounts:
Employees are often paid from the CEO’s personal bank account, not through a proper payroll system. This makes it nearly impossible to prove your employment if legal issues arise.
• Zero legal protection:
If you ever need to sue the company, you’ll have no legal documentation proving you worked there. No contracts, no payslips, no social insurance — you’re completely exposed.
• Finance department fully involved: These practices aren’t due to negligence — the finance departments in Egypt and Dubai are actively involved in executing and covering up these schemes. They're very good at making it look legitimate on paper.
They have followed the same unethical and manipulative financial practices for many years.