Ethiopian business licensing categories 1243/2021; 2) ”Proclamation” means the Commercial registration and Business Licensing Implementing technology-enabled business registration and licensing services is a great option to improve our country's ability to start and operate businesses. 1243/2021 (“Commercial Code”), Commercial Registration and Business Licensing Amendment LICENSING AND SUPERVISION OF BANKING BUSINESS Directive No. 392/2016 This document is a proclamation establishing regulations for commercial registration and business licensing in Ethiopia. Bole Michael, Addis Ababa Licensing and Supervision of Banking Business Bank Corporate Governance Directives No. 916/2015 and Article 52(1) of the Commercial Registration and Licensing Proclamation 980/2016. amendment and cancellation of name of business and trade name. 392/2016 2merkato provides business information for investors, suppliers, buyers, traders who are engaged or want to engage in business activities in Ethiopia. Commercial Registration and Business Licensing Main text(s) Main text(s) English Commercial Registration No Title of category Divis ion Major group Group Licensing category Verification body Licensing authority 14 የግብርና ድጋፍ ስራዎች 11131 ግ/ሚ ክ/ን/መ/ቤት 14 Agricultural Support Service 11131 MOA RTB አደን፣ ማጥመድ፤ ጌም ፕሮፓጌሽን፣ ደን ማልማት እና ተዛማጅ ስራዎችን ጨምሮ Published on 19 May 2011 Category: Starting A Business The years 2010/2011 have been demanding for the Ethiopian business community. Get In Touch. While there were previously no business license categories for electronic commerce related activities, electronic commerce business licenses Ethiopian Business Visa Categories. The Ministry of Trade and Regional Co-operation is preparing and The classification was first published in January 2010 with 982 categories and then revised and recognized as the first Ethiopian Standard Classification in 2013. The documents and procedures required are given below; however, most of the procedures can be A number of measures have been implemented to ease the process of starting a new business in Ethiopia, primarily through the enactment of the Commercial Registration and Business Licensing (Amendment) Proclamation No. “product approval” means an authorization by the National Bank to allow the proposed product may be sold and marketed as microinsurance; 2. et platform. abyssinialaw. 731/2012 Commercial Registration and Business Licensing /Amendment/ Proclamation No. This Directive shall apply to the following categories of Licenses: 1) Individual Licenses; Is registered under the commercial registration and This Proclamation provides for the registration and licensing of business ventures in Ethiopia. It defines key terms related to commercial activities and establishes authorities responsible for commercial A to Z is a collection of resources for Ethiopian's legal The present rationale for licensing of contractors in Ethiopia is to ensure that applicants for a project have the necessary capacity and capability. 980 Commercial Registration and Licensing 12 December 2016 Last Updated: 12 December 2016 registration, Licensing and Post Licensing Inspection Directive No. The amendment has also mandated the Ministry of Trade and Industry [which is renamed by the amendment] to issue the Ethiopian Business Licensing Categories Directive, which will provide the list and types of the commercial activities for which business licenses will be issued in Ethiopia. Install a cash registration machine (if you generate over 500,000 Birr – roughly $18,350 - in annual revenue). These obligations have been regulated for the past six years by the (The reader is advised to first read the article Regulations of Commercial Registration and Business Licensing in Ethiopia) As of 2022, business registration and licensing service is being given online via the 'e-trade' portal - https://etrade. 3 Application of Competence Certification for Almost All Licenses 11 The report is based on an in-depth review of the country’s more than 1,300 licenses; a detailed analysis at a sector level is presented in Annex three. ProcN0 980-2016 Commercial Registration and Business Licensing Proclaimation (1) - Free download as PDF File (. Publish the trade name in a nationwide newspaper. Definitions Unless the context requires otherwise, in this Directive; 1) ”Commercial Code” means Commercial Code of Ethiopia Proclamation No. Customers can amend their Trade License using our online service application. UrbanObserver. Requirement: Where the amendment is to the memorandum and articles of association, minutes of resolution of the share holders of the business organization to make the amendment; the minutes of resolution of the share holders of the business organization The amendment has also mandated the Ministry of Trade and Industry [which is renamed by the amendment] to issue the Ethiopian Business Licensing Categories Directive, which will provide the list and types of the commercial activities for which business licenses will be issued in Ethiopia. It covers the various types of banking licenses, eligibility criteria for licensing, and the compliance obligations for financial institutions. Motorcycle License (Class A1): Specifically for motorcycles with engines under a certain capacity. There are many different sorts of business visas for Ethiopia that allow travelers to enter for a range of purposes. The online trade registration and licensing system was This Proclamation provides with respect to registration of businesses in the commercial register and trade names and the issue of business licences. Ethiopian Business Portal +251-93-010-5437 The new Commercial Code of Ethiopia (this law was voted into law since 25 March 2021 provides the legal base for doing business in Ethiopia): DOWNLOAD: Commercial Registration and Business Licensing Proclamation No. The Ethiopian Commercial Registration and Business Licensing proclamation 980/2016 is issued by the House of Peoples Representatives in order to make the registration and licensing Home / Repository / Legislation / Trade Registration and Licensing Ethiopian Standard Industrial Classification Directive No 17-2011 1845) Download PDF. 980-2016. 392/2016. FAQs on Driving License in Ethiopia Import/Export License: 1,500 – 6,000 ETB; Professional License: 600 – 2,500 ETB; Environmental Permit: 1,000 – 4,000 ETB; 5. FXD/Ol/2024, are: Register with the Ethiopian Revenue Authority for Value Added Tax (VAT). 4 Billion to Anchor Private Sector-Driven Growth ( Daily News ) January 15, 2025 Dashen Bank Launches Ethiopia’s First Banking Super App Business licenses are permits, issued, inspected and revoked by government agencies, that allow individuals or companies to conduct businesses within their Title: Commercial Registration and Licensing Proclamation Proclamation No. 1243/2021 34/ Operating business as a commercial agent, commission agent, The new Commercial Code of Ethiopia (this law was voted into law since 25 March 2021 provides the legal base for doing business in Ethiopia): DOWNLOAD: Commercial Registration and Business Licensing Proclamation No. The Ethiopian business license can simply be extended. Asiya Kelifa, a fourth-year Computer. Understand the significance of compliance with national regulations, the challenges faced by entrepreneurs in the licensing process, and successful case studies that demonstrate effective “34/ “the Ethiopian Business Licensing Categories Directive” means a directive of national application issued by the ministry providing for a list and types of commercial activities for which businesslicensesareissued in Ethiopia. Licensing provisions shall not apply to, among other things, mining, water services, activities involving radioactive material and trade in tobacco. Business License Fee: Depends on the nature and location of the business. 2merkato. Registration of business name of an organization, business license and trade certificate. These new clauses of the amendment by far widens the 11/ “name of business” means a name that is used by a business organization for commercial registration and by which such business organization is recognized as a legal person by the registering office or third party; 12/ “valid business license” means a business license issued or renewed in the budget year FAO organizational chart; Regional Office for Africa; Regional Office for Asia and the Pacific; Regional Office for Europe and Central Asia; Regional Office for Latin America and the Caribbean Related to Ethiopian Business License Issuing Category. General licenses allow businesses to engage in standard activities and are typically easier to obtain. 392/2016 Explore the essential aspects of business licensing in Ethiopia, including general requirements and specific licenses for various sectors such as retail and manufacturing. The latest Ethiopian Business News: breaking business news ethiopia, financial and economic news, plus insight and analysis into the markets. Monday, January 20, 2025 NBE pauses independent forex bureau licensing pending evaluation. Comply with Tax Regulations: Register for taxes with the Ethiopian Revenue Authority and file the required tax 2merkato provides business information for investors, suppliers, buyers, traders who are engaged or want to engage in business activities in Ethiopia. Page 2 of 6 An applicant shall be an Ethiopian national or a business organization fully owned by Ethiopian nationals. It is designed to provide a common platform and generic tools for online transactional services. Agriculture, Hunting, Forestry and Fishing Ethiopian Commercial Registration and Business Licensing Proclamation No. n. Check the status of your business license online using the e-Trade Online Trade Registration & License System. But recently, his business has been seriously challenged. An overview of the most relevant recent law making activity in Ethiopia expected to impact the business community. Ethiopian Monitor [EM] publishes latest local and regional news. The national business portal is a one-stop portal for e-government services that improves ease of doing business in Ethiopia through the automation of essential government services leveraging information and communication technologies. Getting a new license in Ethiopia used to Powered By MinT | © 2025 Ministry of Trade and Regional Integration . “senior executive officer” means any officer of a microinsurance company , Foreign‑invested companies in Ethiopia can now obtain trade licences and register their businesses online, following the launch of the etrade. The infrastructure and logistics to create a truly enabling environment have yet to be fully established. et/. Ethiopia needs a robust national Halal certification system and a well-defined policy and legal framework. SBB/4/95 LEGAL RESERVE 1. 9. የንግድ አሰራርና የሸማቾች ጥበቃ አዋጅ ቁጥር 685/2002. This guide aims to provide emerging businesspersons with detailed information about the various licenses and permits required at After three months, the Ethiopian Capital Market Authority said it would begin awarding licenses to capital market service providers. These are the regulations enacted by the Council of Ministers in 2009 Ethiopian Calendar (2017) Proclamation No. Partner with our experienced Registration and Business Licensing Proclamation of No. This guide provides valuable insights to ensure legal adherence and Categories Tags. Training and teaching materials, articles, legal forms, links to resources volume 6. 392 Commercial Registration and Licensing 11 August 2022 Last Updated: 11 August 2022 National Bank of Ethiopia ; Banking Business ; Insurance Business ; Micro-finance Business ; Forex Directive ; in accordance with Ethiopian Communication Service Proclamation No. 1. Additionally, our range of services includes company incorporation, business representation for bids and tenders, and HR recruitment. 1148/2019, Articles 6(2), 6(7), 20(2), 20(4), and 52(4). Though far behind many other African nations, this was an improvement of two positions from the ECMA plays a pivotal role in the regulation and development of Ethiopia’s capital markets. com +251-93-010-5437 The Ethiopia Investment Climate Program, managed by the World Bank Group’s Trade and Competitiveness Global Practice aims at streamlining and simplifying high priority . lH’An>* A»-£A 70-A At?**' (i?®) •p'HirtA:- Ethiopia - Year of Version: 2010 - Adopted: July 24, 2010 - Other Texts - Trade Names Laws Treaties Judgments Browse By Jurisdiction. It covers key topics in business law including definitions of law and legal personality, sources and classification of However, the expansion of the Halal business sector needs some help. 732/2012 IGAD Convention on Mutual Legal Assistance in Criminal Matters Ratification Proclamation Proclamation No. Training and teaching materials, articles, legal forms, links to resources Proclamation no. These new clauses of the amendment by far widens the Obtain a Business License. The portal’ s As part of improving its doing business global ranking, Ethiopia launched today online business license registration platform. Democratic Republic of Ethiopia, it is hereby proclaimed 25th Year No. But to realize this, the Special License Categories. 88 without obtaining a banking business license or digital financial services license or authorization from the National Bank. However, navigating the regulatory landscape to secure the necessary licenses and permits can be challenging. 1 Name_____ 1. 8. law This document outlines regulations for commercial registration and licensing in Ethiopia, defining key terms and establishing responsible authorities. Business License: 1,000 – 4,000 Ethiopian Freelance Ethiopia is operating under a business license that covers consultancy activity in advertising as well as transport, storage, and communication activities. REGISTRATION AND LICENSING This Regulation is issued by the Council of Ministers pursuant to Article 5 of the Definition of Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No. No person shall carry on a commercial activity without obtaining a valid business license and without registering in the in the commercial How to obtain a business license in Ethiopia? To obtain a business license in Ethiopia, follow these steps: Determine the type of business you want to establish: Consider the nature of the business, its legal form, and the industry in which it operates. 83/1994 and by article 13(4) of the Licensing and Supervision of Banking The e-Trade Online Trade Registration & License System allows users to apply for and manage trade contracts and licenses online in Ethiopia. Partner with our experienced January 1, 2025 Ethiopia’s Central Bank Hikes Credit Growth to 18% ( Daily News ) December 30, 2024 Geez Education and Training Brings Global Expertise to Ethiopia Amid Historic Capital Market Rollout Ethiopia has plenty of opportunities to grow and innovate across the entire spectrum of insurance business. PART ONE 11/ “name of business” means a name that is used by a business organization for commercial registration and by which such business organization is recognized as a legal person by the registering office or third party; 12/ “valid business license” means a business license issued or renewed in the budget year Business Registration and Licensing Procedures in Ethiopia Category: Starting A Business. 20. This guide provides a thorough overview of the various licenses and permits necessary at municipal, provincial, and federal levels, along with the application process, associated costs, and approval timelines. Related products . 461/2020. ” 5/ Article 3 (3) (g) of the Proclamation is deleted business license A business entity is formed once it is issued with the commercial registration certificate, and business license is required in order to commence a business operation. Explore only content tagged with. 665/2010 The prestigious Seeds for the Future program, Huawei’s flagship Corporate Social Responsibility (CSR) initiative, has announced its 2025 Global Ambassadors. PRESENCE OF FOREIGN ENTITIES Incorporating a subsidiary company and opening a branch of a foreign company are the main vehicles for foreign entities to trade in Ethiopia. Quick View. SBB/71/2019 (1 st Replacement). 1243/2021; 2) ”Proclamation” means the Commercial registration and Business Licensing 106225-WP-PUBLIC - Free ebook download as PDF File (. 685/2010. This guide provides detailed information on the permits and licenses required in Business Licensing Categories. All Rights Reserved. 1 Core Conceptual Issues and Recommendations 9 3. Directive no. rnum^y” fT/PA^fc M+JP fe (fv6) -f*ACI* n<r7. This paper aims to examine the adequacy of Ethiopia’s regulation of franchise agreements. About. Transaction Category means the particular type of repurchase transaction effected hereunder, as determined with reference to the term of the transaction and the categories of Securities that constitute Eligible Securities therefor, which term shall include FICASH I Transactions, FICASH II Transactions, FICASH III ETHIOPIAN INVESTMENT COMMISSION Application for Business License (To be completed in two copies) A. contractor has the option of submitting an application for registration as a contractor in any one of the following categories: 1) MultiLink Consulting, a top consulting firm and Business Consultant in Ethiopia established in 2007, offers specialized services in investment, business, tax, and project consulting. 686/2010 ንግድ ምዝገባና ፈቃድ አዋጅ ቁጥር 686/2002 ዓ. Part 3 regulates Business Licenses, these include sole proprietor 06 | Doing Business in Ethiopia LiCENsEs & rEGuLatioN requirements to trade There are permits, registrations and licenses required to operate businesses in Ethiopia. This article covers what one needs to know regarding procedures on commercial registration and business licensing in Ethiopia. 980/2016: DOWNLOAD: Commercial Registration and Licensing Regulation No. Business Helen Tesfaye-January 4, 2025. The time it takes to secure various licenses can differ significantly. Understand the roles of the Ethiopian Roads Authority and the various licensing types essential for transport companies. This document is an introduction to Ethiopian business law textbook authored by Samuel Maireg Biresaw and published by Debre Tabor University. 980/2016, and the Commercial Registration and Business Licensing Regulation of 2016. or they may be required to be holders of multiple licenses to make up for the deficiencies of existing licensing categories. This book is the revised edition of the Ethiopian Business Law Module published by the Debre Tabor University College of Continuing and Distance Education in 2018. the folloving new sub- article (34) “34/ “the Ethiopian Business Li Categories Directive™ means a directive of national application issued by the ministry providing for a list and types 7. 980/2016 in several sections; firstly provides a new definition for “business person” defined as any person who professionally and for gain carries on any of the activities specified in the commercial code and the Ethiopian Business Licensing Categories. 3 Address: National Bank of Ethiopia ; Banking Business ; Insurance Business ; Micro-finance Business ; Forex Directive ; Search Ethiopian legal resources. These include investment and environmental permits, business license, commercial and tax registrations. This document outlines Ethiopia's Standard Industrial Classification system (ESIC) for business licensing categories. of USD 1 000 or more from a single originator are bundled in a batch file for transmission to beneficiaries in provisions of the Commercial Code of Ethiopia, the Licensing and Supervision of Insurance Business Proclamation No. The cost of business registration and licensing in Ethiopia and options for reform The Ethiopian government with the objective of improving the existing commercial registration, implementation and business licensing rules the Ethiopian Commercial Registration and Business Licensing Proclamation No. According to the Ethiopian Standard Industrial Classification (ESIC), which is adapted from the International Registration and licensing are the dual obligations of any business person planning to operate in Ethiopia. business in Ethiopia; 20/ “employee” means a chief executive officer, a senior executive officer or any other person who is appointed or hired by a bank or assigned through staff transfer to carry out its day-to-day activities; Ethiopia with a banking license issued from its home country regulator or a banking Commercial Registration and Business Licensing /Amendment/ Proclamation no. Here’s a general overview of approval timelines: Business License: 2 – 6 weeks; Trade License: 1 – 4 weeks; Health Explore the comprehensive framework of transport licensing in Ethiopia, highlighting vehicle registration, safety standards, and compliance with local regulations. 4 Billion to Anchor Private Sector-Driven Growth ( Daily News ) January 15, The new law resolves the issue, stating that they don’t need a separate business license to undertake wholesale trading of their own product regarding the retail trade of their manufactured or imported goods. Costs. The Ethiopian Ministry of Trade & Industry is launching a new online portal, Online Trade Registration & Licensing Service (OTRLS), which will allow businesses to apply for new licenses and renewal online. i Content Proclamation No. Below is a comprehensive guide on the requirements and January 18, 2025 IMF Backs Ethiopia with $3. Open a corporate bank account in the company’s name. RecognUins the impetus whick a modern Code regulating the constitution tm,d -~ of all business organisations could give to the furth. Our responsibilities include: Licensing and supervising market participants, including securities exchanges, brokers, and other intermediaries. It divides economic activities into 10 major sectors like agriculture, mining, manufacturing, etc. The bureaus, which met the minimum requirements outlined in the NBE’s Foreign Exchange Directive No. Understanding the necessary regulatory requirements is crucial for successfully launching and operating your business. UNEP-LEAP; About the Programme; Ethiopia; Commercial Registration and Licensing Council of Ministers Regulation No. Registration Fees: Vary based on company type and share capital. registration, Licensing and Post Licensing Inspection Directive No. 17/2019 (ESIC). 1150/2019 and Council of Ministers Commercial Registration and Licensing (Amendment) Regulation No. www. the commercial registration and licensing regulation specifically sets out the required documents for achievement of commercial registration and licensing; Requirements for instances such as Coding of Business Licensing Categories Based on the Ethiopian particular condition the system has recognized 10 sectors for the classification. ” 2/ article 2 (34) of the proclamation is deleted and replaced by . 2 Nationality (Country of incorporation, If company) _____ 1. 3 Trillion in Transactions ( Daily News ); January 1, 2025 Ethiopia’s Central Bank Hikes Credit Growth to A number of measures have been implemented to ease the process of starting a new business in Ethiopia, primarily through the enactment of the Commercial Registration and Business Licensing (Amendment) Proclamation No. 686 Commercial Registration and Business Licensing Proclamation 25 March 2015 Last Updated: 28 May 2016 Hits: 8333 Federal laws of Ethiopia commercial registration commercial licensing Proclamation no. The document discusses the high costs of business registration and licensing in Ethiopia. “Business has come to a ground halt Ethiopian Business Review (EBR) is an English business magazine published by Champion Communications. LICENSING AND SUPERVISION OF BANKING BUSINESS -Ethiopian National Bank Directives « Ethiopian Legal Breif Banks shall perform enhanced due diligence on high risk categories of customers, business relationships or transactions. The Ministry of Trade and respective trade bureaus in different regional administration of the The laws that regulate formation of business entities in Ethiopia are the Ethiopian Commercial Code of 1960, Ethiopian Civil Code of 1960, Investment Proclamation of 2020, Investment Regulation of 2020, Public Enterprises Proclamation of 1992, Cooperative Societies Proclamation of 2003, Commercial Registration and Business Licensing Proclamation of No. Applicant’s (Person/Company) 1. Related- Freelance Ethiopia Expands to East Africa. It establishes the legal framework for regulating commercial activities and services. 526 Commercial Registration and Licensing 11 August 2022 Last Updated: 11 August 2022 The Proclamation amends the Proclamation No. PARTICULARS OF THE APPLICATION 1. The documents and procedures required are given below; however, most of the procedures can be Website to search for Ethiopian laws articles, legal forms, links to resources Ethiopian Law. articles, legal forms, links to resources Ethiopian Law. A wave of new proclamations, regulations and directives on taxes, business Home / Repository / Legislation / Trade Registration and Licensing Ethiopian Standard Industrial Classification Directive No 17-2011 1845) Download PDF. 935/2022. 1243/2021; 2) ”Proclamation” means the Commercial registration and Business Licensing MultiLink Consulting, a top consulting firm and Business Consultant in Ethiopia established in 2007, offers specialized services in investment, business, tax, and project consulting. External Loan and Suppliers’ Credit Amendment NBE Directive No 47-2017 Ethiopian Commercial January 18, 2025 IMF Backs Ethiopia with $3. This comprehensive guide covers key aspects such as business registration processes, taxation, labor laws, and important economic sectors including agriculture and manufacturing. r KrGwth 01 thlde4lUl commerce, We directed the Codific6ti6n Commissi6n created by US The issuance of the Directive is apparently aimed at aligning current practice on commercial registration and business licensing with the recent changes and revisions introduced under the recently enacted Commercial Code of Ethiopia Proclamation No. It estimates the total fees and Scribd is the world's largest social reading and publishing site. As the business has been expanding, he has lately opened shops in regional towns. Scribd is the world's largest social reading and publishing site. As of July 2013 the classification went into services containing 1342 business divisions under 10 main business licensing categories. 3/ “Certificate of competence” means a certificate issued for a person who has met Yonas Gebrekidan 38, whose name has been changed, is one of the printer cartridge importers in Addis Ababa. Foreign companies may also pro- mote ETHIOPIAN INVESTMENT COMMISSION Application for Business License (To be completed in two copies) A. The documents and procedures required are given below; however, most of the procedures can be Any person who transfers its business license to third party through sell, lease or gift will be punished with a fine from ETB 50,000 to 100,000 and with imprisonment from five year up to ten years. The ESIC has not been recently amended. txt) or read book online for free. The Authority stated in February of this year that it is working on licensing capital market The new Commercial Code of Ethiopia (this law was voted into law since 25 March 2021 provides the legal base for doing business in Ethiopia): DOWNLOAD: Commercial Registration and Business Licensing Proclamation No. Open a Corporate Bank Account: Open a bank account in Ethiopia for your business transactions. 21. These visas are accepted at Addis Ababa Bole International Airport for entry into Ethiopia. proclamation no. The documents and procedures required are given below; however, most of the procedures can be This blog post provides an in-depth exploration of banking regulations in Ethiopia, emphasizing the role of the National Bank of Ethiopia as a regulatory authority. Freelance Ethiopia is operating under a business license that covers consultancy activity in advertising as well as transport, storage, and communication activities. (The reader is advised to first read the article Regulations of Commercial Registration and Business Licensing in Ethiopia) As of 2022, business registration and licensing service is being given online via the 'e-trade' portal - https://etrade. pdf), Text File (. 1 Too Many and Over-Specified Business Licenses 9 3. In doing so, it closely consults the following documents: (The reader is advised to first read the article Regulations of Commercial Registration and Business Licensing in Ethiopia) As of 2022, business registration and licensing service is being given online via the 'e-trade' portal - https://etrade. 1243/2021. The signing ceremony was attended by Minister of Mines Habtamu Tegegn and company executives. 2 Lack of Compatibility between the ESIC and the Sectoral Laws 11 3. Additionally, it discusses penalties for non-compliance and future The national business portal offers e-government services to improve ease of doing business in Ethiopia through automation and information technology. He has been doing this business for the past five years. Obtain a business license from the Ministry of Trade and Industry. The Ministry aims to ease the process of doing business and bolster private sector engagement by amending the existing Commercial Registration and Licensing Directive. Reserve a unique trade name. relevant government organs shall issue business licenses in compliance with this Proclamation and other relevant laws for the, amongst others, the following businesses: a) prospecting and mining of minerals; b) various water Ethiopian Business Law Module - Free ebook download as PDF File (. EM News reports on a range of issues including economy, health, politics, sport National Bank shall issue an “Independent Forex Bureau License” for a legally established business entity that fulfils the following requirements: 1 – An established business entity, set up in whatever legal form, that is owned by an Ethiopian national, Non-Resident Ethiopian, and/or Foreign Citizen of Ethiopian Origin; The Ethiopian Government Electronic Services portal provide electronic public services to citizens, non-citizens, businesses, governmental & NGO. Inaugurated at the presence of Deputy prime Minister and Foreign Affairs Minister, Demeke Mekonnen, the new platform allows anyone to get a new business license within hours. 392/2016 Engaging in business activities in Ethiopia involves several essential steps, including obtaining commercial registration, investment permits, and business licenses. Approval Timelines. 27 September 2016 Major Divisions for the Ethiopian Business Licensing Categories. Category: Trade Registration and Major Divisions for the Ethiopian Business Licensing Categories. Learn how the Ethiopian government is fostering an attractive investment Commercial Registration and Business Licensing Proclamation No. No person can carry out a commercial activity without obtaining a valid business Category: Starting A Business. The proclamation ahd mOTe comple% met'*xls of transacting business h4ve been detlf!loped in reo etmJ y. These shortcomings hinder export performance and erode consumer Ethiopia ranked 159th out of 190 nations in the World Bank's 2019 Ease of Doing Business report. The new Commercial Code of Ethiopia (this law was voted into law since 25 March 2021 provides the legal base for doing business in Ethiopia): DOWNLOAD: Commercial Registration and Business Licensing Proclamation No. 19. This book discusses the major Ethiopia 2021 FEDERAL NEGARIT GAZETTE EXTRA ORDINARY ISSUE Proclamation No. 86/1994, and these Directives. 2) An applicant or the owners, where the applicant is a firm, have not been 2/ “Business License” means a business license duly issued in accordance with Commercial Registration and Business Licensing Proclamation No. Category: Trade Registration and Licensing Tag: Directive. The Renewal Licensing of Construction Professionals service ensures that construction professionals, such as engineers, architects, and project managers, maintain their certification to practice (The reader is advised to first read the article Regulations of Commercial Registration and Business Licensing in Ethiopia) As of 2022, business registration and licensing service is being given online via the 'e-trade' portal - https://etrade. pdf) or read online for free. 3 Address: Explore the Ethiopian business environment, known for its dynamic growth and investment potential. This comprehensive guide outlines the benefits of formalizing your business and offers tips for navigating common challenges faced by entrepreneurs. 733/2012 IGAD Convention on NEWS January 15, 2025 Dashen Bank Launches Ethiopia’s First Banking Super App ( Daily News ); January 14, 2025 Wegagen Bank Takes Account Opening Digital with New Mobile App ( Daily News ); January 2, 2025 Ethio Telecom’s Cashless Journey Handles Birr 3. Commercial Registration and Business Licensing Council of Ministers Regulation No. 980/2016 The Ethiopian Commercial Registration and Business Licensing proclamation 980/2016 is issued by the House of Peoples Representatives in order to make the registration and licensing process fast, accessible and modern. Application Form Directive Ethiopian Commercial Registration and Licensing Proclamation No. ም Previous Article Trade Practice and Consumers’ Protection Proclamation No. Key The Ministry of Trade and Technology announced that it was drafting a new directive on commercial registration and licensing. Depending on the specific sector of the This document is a proclamation from the Federal Negarit Gazeta of Ethiopia regarding commercial registration and business licensing. Obtain Necessary Licenses and Permits: Secure any industry-specific licenses or permits required for your business operations. The process to obtain a business license in Ethiopia begins with an application submitted to the local authorities overseeing business registrations. Partner with our experienced The Ethiopian Commercial Code was recently supplemented by Directive 935/2022 to implement changes regarding commercial registration, business licensing and post-licensing inspection. However, in The e-Trade Online Trade Registration & License System provides an online platform for trade registration and licensing services in Ethiopia. Issuing Authority These directives are issued by the National Bank of Ethiopia pursuant to the authority vested in it by Article 41 of the Monetary and Banking Proclamation No. 227/04. 686 The licensing of business activities in Ethiopia is regulated in accordance with the Ethiopian Standard Industrial Classification Directive No. Law Ethiopia For any business desiring to get registered in Ethiopia, it has become easier to do so. 731/2012; National Payment System Proclamation 718/2011; Commercial Registration and Business Licensing Proclamation 686/2010; Trade Practice and Consumers’ Protection Proclamation 685/2010; Ethiopia Commodity Exchange (Amendment) Proclamation no. Some of the major points addressed include registration of a one-person PLC, transition from a sole proprietorship to a one-person PLC, limited liability 3 Key Findings and Recommendations for a Streamlined Business Licensing Regime in Ethiopia 9 3. com. 686 /2010. It is registered with Federal Democratic Republic of Ethiopia, Broadcasting Authority under registration No. Additional categories of driving licenses in Ethiopia may include: Public Service Vehicle (PSV) License: Required for drivers of taxis, minibusses, and other commercial vehicles. To request an extension, you must go to the Ministry of Mines announced the awarding of mining licenses to four companies. Check the legality and availability of your business name: Ensure that your proposed 4 2. All categories. “project manager” means a person who shall be in charge of the whole process of obtaining business license of a microinsurance company; and 2. In doing so, it closely consults the following documents: Commercial Registration and Business Licensing Proclamation No. Under the Proclamation the Ethiopian Business Licensing Categories Directive This directive provides regulations for commercial registration, business licensing, and post-licensing inspection in Ethiopia. This report consists of two main parts: in Chapter two, we present an estimate of the costs which the registration and licensing regime in Ethiopia imposes on the business sector in the country. Apply for a business license from the relevant authority based on your business activity. Learn how to successfully prepare for MultiLink Consulting, a top consulting firm and Business Consultant in Ethiopia established in 2007, offers specialized services in investment, business, tax, and project consulting. Developing and enforcing regulations that ensure the integrity, transparency, and efficiency of the market. Each sector is sub-divided into Major Division, 11/ “name of business” means a name that is used by a business organization for commercial registration and by which such business organization is recognized as a legal person by the The major government organ to regulate and administer commercial registration, trade name registration and business license are the Ministry of Trade and Regional Integration (hereinafter the Ministry) and the respective Regional trade bureaus. 686/2010” has been issued. Search Ethiopian legal resources. Main navigation. No person shall carry on a commercial activity without obtaining a valid business license and without Discover the essential steps for business registration in Ethiopia, including types of business entities, required documents, and insights from government agencies. Regulation no. The National Bank of Ethiopia ; Banking Business ; Insurance Business ; Micro-finance Business ; Forex Directive ; Search Ethiopian legal resources. : 980/2016 Jurisdiction: Federal Law Type: Proclamation Country: Ethiopia 🇪🇹 Format: PDF ( Amharic and English) Disclaimer: The laws presented here are collected from various sources and are provided for informational purposes only. Open a Bank Account. . 392/2016 has provided detailed procedures as to the registration, renewal and cancellation of special business license for franchising. ” 2. gov. According to the Ethiopian Standard Industrial Classification (ESIC), which is adapted from the International Standard Industrial Classification (ISIC), we have ten divisions and in total there are about 900 different sub-categories. This development will drastically reduce the number Ministry of Finance and Economic Development Description. There are two primary categories of licenses: general licenses and special permits. It aims to create an efficient system for business registration and licensing by establishing uniform practices across This document outlines an Ethiopian Standard Industrial Classification system (ESIC) to systematically classify and code business licensing categories. The ESIC adapts the International Standard Industrial Classification system and Ethiopia offers a promising environment for entrepreneurs with its strategic location in the Horn of Africa, diverse economy, and supportive regulatory framework. REQUIREMENTS 1 - Trade registration application form, duly filled 2 - Bank deposit receipt 3 - One original copy of the signed memorandum and articles of association 4 - Where a business organisation is a shareholder, copies of its memorandum and articles of association or similar document and its registration certificate 5 - Minutes and related documents of the meetings of The National Bank of Ethiopia (NBE) has granted operational licenses to five new Independent Foreign Exchange Bureaus, marking a significant step in the country’s financial sector liberalization. These licenses, valued at over Birr 3 billion in total investment, represent the successful culmination of a rigorous selection process. Commercial Registration and Licensing Regulation No 392/2016. The Ministry is given a mandate to establish and administer a central co “34/ “the Ethiopian Business Licensing Categories Directive” means a directive ministry providing for a list and types of commercial activities for which business licenses are issued in Ethiopia. Whereas, corporate governance plays a vital role in maintaining the safety and soundness of However, navigating the requirements for business licenses and permits can be complex. Doing Business - www. Champion Communications is registered with the Ministry of Trade, Business License No: 14/670/76602/2004 Starting a business in Addis Ababa, the vibrant capital city of Ethiopia, presents an array of opportunities for entrepreneurs. This Proclamation provides for the registration and licensing of business ventures in Ethiopia. yptqzz scykq ofuxgz stvc wtev znmz qkvvc ptfl sjtjpom orah