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Types of Companies in Ethiopia

Although there are many kinds of businesses in Ethiopia, the following are the most common types of businesses, a PLC being the most dominant.

Sole Proprietor: a business which is owned by one person.

  • It's advantageous because it is easy…

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Taxation Procedures in Ethiopia

According to the Ethiopian Income Tax Proclamation No. 286/2002, "Business" or 'Trade" shall mean any industrial, commercial professional or vocational activity or any other activity recognized as trade by the Commercial Code of Ethiopia and carried out by any person…

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How to Start a Private Limited Company (PLC) in Ethiopia

1. Prepare Memorandum of Association and Articles of Association
A sample document can be obtained from the Ministry of Trade (Located infront of Dembel City Center, Bole Road) or from internet centers around Document Authentication and Registration offices (DARO). The document…

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Types of Business Organizations in Ethiopia

The Commercial Code of Ethiopia defines a business organization as follows: "A Business organization is any association arising out of a partnership agreement." According to this definition there are eight forms of business organizations:

    Ordinary partnership;
    Joint venture;
   …

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Business Registration in Ethiopia

The following conditions are also set in the Ethiopian Proclamation No. 67/1997 on Commercial Registration and Business Licensing with respect to registration in the Commercial Register:

  • No person shall engage in any commercial activity unless registered in a commercial register;…

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