As an accountant, it is always interesting to explore new business opportunities in different parts of the world. One such opportunity that has gained a lot of attention lately is the development of Mena North Coast in Egypt.

Mena North Coast is a sprawling 70km stretch of land along the Mediterranean coast, just two hours away from Alexandria. Over the past few years, this area has been developed into a luxurious tourist destination with stunning beaches, world-class hotels, and top-notch entertainment facilities.

As the development of Mena North Coast continues to grow, many investors are considering taking advantage of the business opportunities available in this area. The Egyptian government has already invested heavily in infrastructure development, including the establishment of a new international airport in Borg Al Arab, making Mena North Coast easily accessible to visitors from all over the world.

For accountants, this represents a great opportunity to work with investors in setting up new businesses and exploring the various tax benefits offered by the Egyptian government to foreign investors. The government is offering incentives such as tax exemptions for up to 10 years, land allocation, and a simplified registration process.

Aside from the tax benefits, accountants can also help investors navigate the complex legal system in Egypt and ensure compliance with local regulations. This will be useful, especially considering the language barrier and unfamiliarity with local business customs.

In conclusion, as the Mena North Coast continues to evolve into a top tourist destination, accountants can play a vital role in assisting investors to establish new businesses and take advantage of the various tax benefits offered by the Egyptian government. With the right assistance and strategic planning, Mena North Coast has the potential to become a great source of revenue for investors and contribute to the economic growth of Egypt.