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Forms of Company in Ethiopia
Companies can be established in Ethiopia as fully owned by foreigner or Joint venture or subsidiaries in the form of
Forms of Company in Ethiopia
Companies can be established in Ethiopia as fully owned by foreigner or Joint venture or subsidiaries in the form of
- Sole proprietorship
- Private Limited Company (PLC)
- Share company or Joint Ventures
- Multination/Conglomerate/Branch Company
Capital Requirement
A minimum of 200,000USD and150,0,00USD for fully owned and joint venture company respectively.
Procedures Company Opening In Ethiopia
- Expected to notarize legal documents or certificates in their home country
Ethiopian Embassy Ministry of Foreign Affair Addis Ababa - Notarized Minutes of Resolution, MOA, AOA
- Power of Attorney
- Bank Account Opening
- Bank letter +Credit Advice
- Request for Investment Permit
- Rent office, TINN umber, Commercial Registration, Certificate of competence from concerned body and Business License.
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Proclamations & Directives
| Investment | Income tax | Labor & Social security | Commercial Code |
|---|---|---|---|
| 1180/2020 474/20202 | 979/2016 410/2017 | 1156/2019 715/2011 908/2015 | 1243/2021 |