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The Revised Investment Law
The Revised Investment Law Investment is, without doubt, one of the primary engines of growth in all economies. The challenge for many countries, particularly low-income economies, however, is how to attract quality investment in sufficient quantity. Ideally, the most viable and sustainable option is to rely on domestic investment and the domestic private sector to…
Start your Business Instantly
In the past starting a business required 11 steps over 32 days but now things have changed The past trade registration and licensing system involved 11 steps which included transfers from multiple government offices and took a considerable time of 32 days for completion. In addition the system required steps that are nonessential to the…
Moveable Assets as Collaterals
Movable Property Security Right Proclamation No. 1147/2019 As part of the Ethiopian government’s initiative to ease the difficulty of doing business in the country, the government has passed new Secured Transactions Law referred to as – Movable Property Security Right Proclamation No. 1147/2019. This bill, which has been in effect since August 7, 2019, entails that…
Trading Across Borders
Deferral of Payment System was launched in 2018 saving 8hrs on border compliance time The Custom Commission has fully implemented a deferral of payment system for imported shipments. Prior to this reform there was huge congestion at ports with more than 10,000 containers being held back for more than 2 years and subsequently leading to…
Latest Starting a Business News
Start your Business Instantly
In the past starting a business required 11 steps over 32 days but now things have changed The past trade registration and licensing system involved 11 steps which included transfers…
Tax Payment Reforms
Ministry of Revenue has introduced reforms to previous tax payment procedures and protocols keeping in mind customer convenience, administration ease and creating a transparent and digital form of record keeping.…
