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What is difference between a Licensed “A” and Unlicensed Travel Agency in Egypt?

April 26, 2017agency difference Egypt licensed Travel unlicensed

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What is difference between a Licensed “A” and Unlicensed Travel Agency in Egypt?

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As for the licensed [a] company means that the allowed capital to get a guanteed license cat, (a) Started from [US$300.000 to US$ 5.000,000] and to be classified as a company for outbound and inbound tourism and all other travel related services like Aviation bookings, Hotels, cruises reservation, transportation, guiding domestically & internationally. And the ministry of tourism has a condition applied on all the cat. (a) Companies they must have their volume of business along the year equals the allowed licensed capital [US $ 5.000.000]. AS for the other companies they are classified as (b) category for a lesser capital than US $ 300.000 and they are working in only one activity like transportation or aviation.