Among the codes which are currently in force, the Commercial Code of 1960, Civil Code of 1960 and the Maritime Code of 1960 serves as basic frameworks for investment in Ethiopia. The specific investment laws are Investment Proclamation No.280/2002 and its amendment No. 375/2003 and the Investment Regulation No.84/2003 and its amendment No. 146/2008.
Ethiopian Investment Board Directives:
The Investment Board Directive to
Determine the Duty Free Importation of Motor Vehicles for Investment Projects
Amendment No. 4/2011
The Directive to Implement the Council of
Ministers Regulation No. 84/2003 (as amended) Article 9 Sub-Article 1(b) providing
for Duty Free Importation of Buses used for Tour Operation Service Directive
no. 5/2011.
A Revised Directive Issued to Determine the Duty Free Importation of the Type & Number of Motor Vehicles for Investment Projects Directives Issued to Define and Identify ICT Areas Eligible for Income Tax and Duty-Free Incentives & Duty-Free Importation of Technological Equipment
Laws Related to Investment are the following: Environmental Laws Biosafety Procl.655 Development, Conservation and Utilization of Wildlife Proclamation Forest Development, Conservation and Utilization Proclamation Proc No. 197-2000 Ethiopian Water Resources Management Proc No. 268-2002 Water Resources Development Fund Establish Proc No. 299-2002 Environmental Impact Assessment Proc No. 300-2002 Environmental Pollution Control Reg No. 115-2005 Council of Ministers Ethiopian Water Resource Water Resources Development Fund Establishment and Its Administration Mining Laws Mining Operations Proclamation No.678 of 2010 Reg No. 27-1998 Mining Operations Council of Ministers Amendment Reg No.124-2006 Mining Operations Labour Laws Employment Exchange Services Proclamation Proc No. 377-2003 Labour Proc No. 466-2005 Labour (Amendment) Proc No. 494-2006 Labour (Amendment) Proclamation Reg No. 34-1998 Private Employment Agency License Fees Council Rights to Employment of Persons with Disability Proclamation 568 Land Laws Proc No. 272- 2002 Re-Enactment of Urban Lands Lease Holding Proc No. 456-2005 Federal Democratic Republic of Ethiopia Nationality and Immigration Laws Proc No. 270-2002 Providing Foreign Nationals of Ethiopian Proc No. 354-2003 Immigration Proc No. 378-2003 Ethiopian Nationality Reg No. 101-2004 Providing Foreign Nationals of Ethiopian Reg No. 114-2004 Immigration Council of Ministers Trade, Taxation, Finance, and Insurance Laws Banking Business Proclamation 592 Customs Proclamation 622 Definition of Powers and Duties of the Executive Organs of the FDRE 471 Excise Tax (Amendment) Procl.610 Excise Tax(Amendment) Procl.570 Income Tax Amendment Procl.608 Proc No. 110-1998 Stamp Duty Proc No. 285-2002 Value Added Tax Proc No. 286-2002 Income Tax Proc No. 307-2002 Excise Tax Proc No. 308-2002 Turnover Tax Proc No. 329-2003 Trade Practice Proc No. 334-2003 Authentication and Registration of Documents Proc No. 410-2004 Copyright and Neighboring Rights Protection Proc No. 467-2005 Authentication and Registration of Documents Proc No.501-2006 TradeMark Registration Reg No, 25-1997 Customs Tariffs Council of Ministers (Amendment) Reg No. 11- 1996 Customs Tariffs Council of Ministers (Amendment) Reg No. 12-1997 Inventions, Minor Inventions and Industrial Reg No. 48-1998 Customs Tariffs Council of Ministers (Amendment) Reg No. 55-1999 Customs Tariffs Council of Ministers (Amendment) Reg No. 6-1996 Customs Tariffs Council of Ministers (Amendment) Reg No. 78-2002 Council of Ministers Income Tax Reg No. 80-2003 Customs Tariffs Council of Ministers (Amendment) Reg No. 89-2003 Customs Tariffs Council of Ministers (Amendment) Stamp Duty (Amendment) Procl.612 The National Bank of Ethiopia Establishment (Amendment) Procl.591 The Revised Export Trade Duty Incentive Scheme Establishing Proclamation No.543/2007 Turnover Tax (Amendment) Procl.611 Commercial Registration and Business licensing Proclamation 686/2010 VAT (Amendment) Procl.609 |