Professional services such as accounting can only be supplied by Egyptian national persons. Incorporation is not permitted in most professional services, largely precluding the participation of foreigners as capital investors in such businesses.
"Article 1
The general register and conditions for registration therein
Only those whose name is registered in the general register of accountants and auditors at the Ministry of Commerce and Industry may practice the profession of accounting or auditing. This register includes three tables:
(a) the list of accountants and auditors under training.
(B) the accountants and auditors table.
(C) The table of accountants and auditors assistants.
This profession is practiced in the personal capacity of an accountant and auditor. It is prohibited for an accountant or auditor to use, in the practice of the profession, the name of a legal person, an office or an accounting or auditing institution.
Article 2
Without prejudice to the other provisions contained in this law, for registration in the public registry, the applicant must be:
(1) An Egyptian residing in the Kingdom of Egypt.
(2) Full civil capacity.
(3) He is of good reputation, and he has not been subjected to judicial rulings or disciplinary decisions affecting honor.
Article 3
As an exception to the provisions of the previous article, the following are exempted from the nationality condition:
(1) Those engaged in accounting and auditing in Egypt when this law is enforced, and who meet the other conditions for entry in the Register.
(2) Members of the Egyptian Royal Society of Accountants and Auditors, who are registered with it before the effective date of this law.[...]" (Law No. 133 of 1951: Practicing the Accounting and Auditing Profession, as amended [google translation])

Law No. 133 of 1951: Practicing the Accounting and Auditing Profession
[<a href="https://elpai.idsc.gov.eg/Legislations/Item/91654">Law</a>],[<a href=" https://www.ifac.org/about-ifac/membership/country/egypt">Other</a>]