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[Feb 2018] Share Company Latest Ethiopian News | Ethiopian Business Directory & Portal - Addis Biz

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 to start and easy to close.
  • The annual income tax for this kind of business ranges from 10% - 35% depending on the taxable revenue.

Private Limited Company (PLC): The most common type of business which can be formed by a

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