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Registration and License: A minimum capital of Br. 5,001.00 is needed to register and get business license. All importers in Ethiopia, except those who are found in Dire Dawa, should be registered and get their license from the main office of the Ministry of Trade and Industry located near Hilton Hotel or beside Casanchis super market, located in Addis Ababa. Importers in Dire Dawa can apply in Dire Dawa.What documents one has to provide is…
Registration and License: A minimum capital of Br. 5,001.00 is needed to register and get business license. All exporters in Ethiopia, except those who are found in Dire Dawa, should be registered and get their license from the main office of the Ministry of Trade and Industry located near Hilton Hotel or beside Casanchis super market, located in Addis Ababa. Exporters in Dire Dawa can apply in Dire Dawa.What documents one has to provide is…
Doing Business in Ethiopia - How to articles on business in Ethiopia Private Limited Company is a popular incorporated business form in Ethiopia that can be established by a minimum of 2 and maximum of 50 persons. We give a brief account of what one needs to do to start a PLC in Addis Ababa. We focus on Addis Ababa, as the bulk of commercial activity in Ethiopia is done here. Step 1: Preparing memorandum…
Some of the main types and more common business forms/ types in Ethiopia:1. A sole business person: the business is owned by one person. Some of the advantages are: it's easier to start and close and the tax paid will be less if the annual profit is less than Birr 150,000.2. Private Limited Company: Can be formed by a minimum of 2 and a maximum of 50 persons. It is advantageous for high profit making…
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