Drawn from the Ethiopian Investment Commission, here’s a simple guide to help you register your company in Ethiopia. The guide includes a step-by-step procedure on how to set up a Sole Proprietorship, Private Limited Company or a Branch Office.
Provided by Mehrteab Leul & Associates Law Office, a member of DLA Piper Africa Group and the American Chamber of Commerce in Ethiopia, this guide provides relevant legal information on the business regulatory environment, corporate governance, employment, banking and finance, foreign exchange regulations, dispute resolution and tax, duties and tariffs for investors looking to explore the Ethiopian market. This includes sector-specific information on mining and energy, charities and societies, private equity and others.
On October 10, 2017, the National Bank of Ethiopia (NBE) devalued the Birr by 15 percent as pressures on the foreign exchange intensified. According to the Government, the devaluation was undertaken to encourage exports and overcome the foreign exchange shortage. This report by the World Bank Group looks at the implications of the recent currency devaluation in Ethiopia.