Question: About Starting a so-called business in Ethiopia

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Hello,

1. you should carefully read the latest Investment proclamation (federal) you can find on the Internet or ask the next ethiopian embassy of your Location.
2. if you are a non ethiopian you will find some limitation on Business fields, this is mainly to protect local Investors. to give you a excample, a simple bar will not be recognised as a foreign Investment, also taxi or any other Transport Business.
3. alcohol, cigarets, wappons etc are also restricted, they need a government partnership.
4. non ethiopian Need to bring a Minimum capital, which is depending on the Business field, for excample as a consultance it is requiered that you invest min 50.000 USD or in agriculture 200.000 USD. If you have a local Partner this min will be decreased! But you have  no Obligation to have a local Partner, you can be a signle Investor on your self.
5. you have to give clear Information that you have the required capital, intern. bank Statement and that you are a legal personalety, meaning if you are a PLC you Need to prove
6. please also see the regional Investment proclamation, you will find quite a difference, for excample Oromia has much more Regulation

Just some Generals, Feel free to ask any Detail questions.

oliver