A company consisting of one person whether that person is a natural or legal person and whether he is an Egyptian national or a foreigner with a legal personality separate from its founder and has a separate trade name and financial edifice. Its founder does not ask in the debts of the company more than its capital and the provisions of the company with limited liability apply to it.
For more in-depth details refer to Alwafi’s book in corporate law in theory and practice
Dr. Mahmoud Mostafa Abdullah.