Reception of Investment Project
- Criterions
Request type | Criterions | |||
Domestic Investors | Joint Ventures Investors | Foreign Direct Investors | Diaspora Investors | |
Land request | Project proposal prepared by certified consultant; | Investment License given by Ethiopia Investment Commission | Investment License given by Ethiopia Investment Commission | Project proposal prepared by certified consultant; |
Copy of renewed identification card | Project proposal prepared by certified consultant; | Project proposal prepared by certified consultant; | Copy of renewed identification card/Passport | |
Copy of TIN Certificate | Copy of TIN Certificate | Copy of TIN Certificate | Copy of TIN Certificate | |
If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | Copy of renewed identification card/Passport | Copy of renewed Passport | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | |
If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | |
A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. | |
Land use and action plan. | Land use and action plan. | Land use and action plan. | Land use and action plan. | |
– | – | – | support letter from the Embassy/ consulate in abroad and yellow passport from concerned organization; | |
– | – | – | Support Letter from Diaspora Directorate with reference of Ethiopian Ministry of Foreign Affairs | |
- any one who can full fill the criteria set for new investment reception in the region can apply now.
Reception of Investment Project
- Criterions
Request type | Criterions | |||
Domestic Investors | Joint Ventures Investors | Foreign Direct Investors | Diaspora Investors | |
Land request | Project proposal prepared by certified consultant; | Investment License given by Ethiopia Investment Commission | Investment License given by Ethiopia Investment Commission | Project proposal prepared by certified consultant; |
Copy of renewed identification card | Project proposal prepared by certified consultant; | Project proposal prepared by certified consultant; | Copy of renewed identification card/Passport | |
Copy of TIN Certificate | Copy of TIN Certificate | Copy of TIN Certificate | Copy of TIN Certificate | |
If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | Copy of renewed identification card/Passport | Copy of renewed Passport | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | |
If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | |
A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. | |
Land use and action plan. | Land use and action plan. | Land use and action plan. | Land use and action plan. | |
– | – | – | support letter from the Embassy/ consulate in abroad and yellow passport from concerned organization; | |
– | – | – | Support Letter from Diaspora Directorate with reference of Ethiopian Ministry of Foreign Affairs | |
- any one who can full fill the criteria set for new investment reception in the region can apply now.
Investment Permit
Request type | Criterians | |||
Domestic Investors | Joint Ventures Investors | Foreign Direct Investors | Diaspora Investors | |
License | A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. | Investment License given by Ethiopia Investment Commission | Investment License given by Ethiopia Investment Commission | A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. |
Copy of TIN Certificate | Copy of TIN Certificate | |||
Copy of renewed identification card | Copy of renewed identification card | |||
Recent 3 passport size photographs | Recent 3 passport size photographs | |||
Service charge ETB 1000. | Service charge ETB 1000. | |||
If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | |||
If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of Association authenticated by concerned organization; | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of Association authenticated by concerned organization; | |||
- any person wishing to engage on may apply for Investment permit to the Bureau and its structure having power. Make an appointment
Renewal of Investment Permit
- Any Investor who obtained an investment permit shall renew this permit annually. Make an appointment
Concluding agreement of Investment project
- Unless force majeure encounters, any investor for whom the investment project is determined by the Board shall sign the prepared investment project agreement form with the competent authority within fort five (45) consecutive working days from the date of receipt of the decision letter. Make an Appointment
Reception of Investment Project Expansion
- Renewed Promoter’s (or that of a manager for an organization) identification card
- One passport size photo
- Project proposal for expansion prepared by certified consultant from Ethiopia management institute.
- Bank statement that shows 30% of expansion capital having six month and above cash transaction
- Prior investment land decision letter
- Power of attorney if the application is processed by an agent.
- TIN
- Memorandum of Association and Article of Association if request is submitted by an organization.
- Investment license (copy)
- Trade license (copy)
- Prior investment land title deed(copy)
- Prior investment or lease agreement (copy)
- Latest 3-month employees’ payroll
- Investment status report by concerned zonal or town investment and industry Bureau.
- Apply now
Change of Project type
The change of type or ownership of the investment Project shall be performed by competent authority in accordance with law. Make an appointment
Duty Free Incentives
An investor can import capital goods or construction material for new investments or use it to upgrade existing investments duty-free. Apply for online custom duty free
Income Tax Examption
Income tax exemption is one of the various incentives may be granted to investors on matters falling under the jurisdiction of the region. Make an appointment
S/n | Investment areas | Income Tax Exemption | |
Special zone of Oromia surrounding Addis Ababa | In other areas | ||
1 | Manufacturing of Food Industry | Exemption from income tax for three (3) years | Exemption from income tax for five (5) years |
2 | Manufacture of Sugar and Others | Exemption from income tax for One (1) year to five (5) years | Exemption from income tax for Two (2) years to Six (6) years |
3 | Manufacture of Beverage Industry | Exemption from income tax for One (1) year to three (3) years | Exemption from income tax for Two (2) years to four (4) years |
4 | Textile and Textile Products Industry | Exemption from income tax for Two (2) years to five (5) years | Exemption from income tax for Three (3) years to Six (6) years |
5 | Leather and Leather Products | Exemption from income tax for five (5) years | Exemption from income tax for six (6) years |
Tanning of hides and skins below finished level | Not eligible for income tax exemption | Not eligible for income tax exemption | |
6 | Wood, Paper and Paper Products and Printing Industry | Exemption from income tax for One (1) year to five (5) years | Exemption from income tax for Two (2) years to Six (6) years |
Printing industry | Not eligible for income tax exemption | Not eligible for income tax exemption | |
7 | Chemical and Chemical Products Industry | Exemption from income tax for Two (2) years to five (5) years | Exemption from income tax for Three (3) years to Six (6) years |
8 | Basic Pharmaceutical products and Pharmaceutical Preparations | Exemption from income tax for four (4) years to five (5) years | Exemption from income tax for five (5) years to Six (6) years |
9 | Rubber and Plastics Products Industry | Exemption from income tax for One (1) year to four (4) years | Exemption from income tax for Two (2) years to five (5) years |
10 | Other Non-Metallic Mineral Products Industry | Exemption from income tax for One (1) year to four (4) years | Exemption from income tax for Two (2) years to five (5) years |
Cutting, shaping and finishing of marble and limestone (excluding quarrying) | Exemption from income tax for one (1) year | Exemption from income tax for two (2) years | |
Manufacture of cement | Not eligible for income tax exemption | Exemption from income tax for four (4) years | |
Manufacture of clay and cement products | Not eligible for income tax exemption | Not eligible for income tax exemption | |
11 | Basic Metals Industry (Excluding Extraction of Minerals) | Exemption from income tax for Three (3) years to five (5) years | Exemption from income tax for four (4) years to Six (6) years |
12 | Basic Metals Equipment (Excluding Products of Metals Materials) | Exemption from income tax for One (1) year to four (4) years | Exemption from income tax for Two (2) years to four (4) years |
13 | Computers, Electronics Materials, and Vision Materials Industry | Exemption from income tax for Two (2) years to four (4) years | Exemption from income tax for Three (3) years to five (5) years |
14 | Electrical Products Industry | Exemption from income tax for Two (2) years to four (4) years | Exemption from income tax for four (4) years to five (5) years |
15 | Machinery/ Equipment Industry | Exemption from income tax for five (5) years | Exemption from income tax for six (6) years |
16 | Vehicles, Trailers and Semi-Trailers Industry | Exemption from income tax for One (1) year to five (5) years | Exemption from income tax for Two (2) years to Six (6) years |
17 | Annual Crop Production Agriculture | Exemption from income tax for Two (2) year to three (3) years | Exemption from income tax for Three (3) years to four (4) years |
Growing of fiber crops | Not eligible for income tax exemption | Exemption from income tax for five (5) years | |
Growing of cereals, leguminous crops and /or oil seeds and rice | Not eligible for income tax exemption | Exemption from income tax for three (3) years | |
18 | Growing of Medium-Term Crops | Exemption from income tax for three (3) years | Exemption from income tax for four (4) years |
19 | Growing of medium-term spices, aromatic and /or medicinal crops (Hulu, curmuma, black pepper and similar crops) | Not eligible for income tax exemption | Exemption from income tax for four (4) years |
20 | Perennial Crops Production | Not eligible for income tax exemption | Exemption from income tax for five (5) years to six (6) years |
21 | Animal Production, Mixed Farming and Forestry | Exemption from income tax for Two (2) year to Eight (8) years | Exemption from income tax for four (4) years to Nine (9) years |
Farming of wild animals and production of milk, eggs, and similar products | Not eligible for income tax exemption | Exemption from income tax for three (3) years | |
22 | ICT, and Electricity | Exemption from income tax for four (4) years | Exemption from income tax for five (5) years |
23 | Hotel and Tourism | Not eligible for income tax exemption | Not eligible for income tax exemption |
24 | Construction Contracting and Real Estate Development | Not eligible for income tax exemption | Not eligible for income tax exemption |
25 | Education and Training | Not eligible for income tax exemption | Not eligible for income tax exemption |
26 | Health Service | Not eligible for income tax exemption | Not eligible for income tax exemption |
27 | Architectural, Engineering Works, Publishing, Import Trade, Expert Trade and Wholesale Trade | Not eligible for income tax exemption | Not eligible for income tax exemption |