Category: Investment

New Proclamations and Regulations 2013/14

Click the link below to access all 2013/4 proclamations

2013/4 proclamations

Proclamations

Proclamation No. 808/2013 Information Network Security Agency Re-establishment Proclamation DOWNLOAD

Proclamation No. 810/2013 Energy Proclamation DOWNLOAD

Proclamation No. 811/2013 Trucks Demurrage Proclamation DOWNLOAD

Proclamation No. 812/2013 Export – Import Bank of China Loan Agreement Periods Additional Loan for Addis Ababa Adama Toll Motorway Design and Build and a Loan for Addis Ababa Toll Motorway Phase II Project Ratification Proclamation DOWNLOAD

Proclamation No. 815/2013 Bilateral Air Service Agreement Between the Government of the Federal Democratic Republic of Ethiopia and the Government of the Republic of Senegal Ratification Proclamation DOWNLOAD

Proclamation No. 818/2014  Urban Land Registration Proclamation DOWNLOAD
Proclamation 823/2014 International Development Association Financing Agreement for Financing the Second General Education Improvement Project II, Ratification Proclamation DOWNLOAD

Proclamation 824/2014 International Development Association Financing Agreement for Financing the Sustainable Land Management Project II , Ratification Proclamation DOWNLOAD 

 

 

Regulations

 

Regulation No. 298/2013 Public Service Employee’s Transport Service Enterprise Establishment Council of Ministers Regulation DOWNLOAD

Regulation No. 299/2013 Food, Medicine and Health Care Administration and Control Council of Ministers Regulation DOWNLOAD

Regulation No. 300/2013 Insurance Fund Administration Agency Establishment Council of Ministers Regulation DOWNLOAD

Regulation No. 301/20 13 Ethiopian Public Health Institute Establishment Council of Ministers Regulation DOWNLOAD

Regulation No. 302/2013 Ethiopian Electric Power Establishment Council of Ministers Regulation DOWNLOAD

Regulation No. 303/2013 Ethiopian Electric Utility Establishment Council of Ministers Regulation DOWNLOAD

 

Capital Goods Leasing Business (Amendment) Proclamation No. 807/2013

PROCLAMATION No. 807/2013

PROCLAMATION TO AMEND THE CAPITAL GOODS LEASING BUSINESS PROCLAMATION

WHEREAS, it has became necessary to amend the Capital Goods Leasing Business Proclamation No.103/ 1998;

NOW, THEREFORE, in accordance with Article55 (1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows:

1. Short Title

This Proclamation may be cited as the “Capital Goods Leasing Business (Amendment) Proclamation No. 807/2013”.

2. Amendment

The Capital Goods Leasing Business Proclamation No. 103/ 1998 is hereby amended as follows:

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Following the issuance of the new amendment the National Bank of Ethiopia has issued two directives for its implementation.

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  • LICENSING AND SUPERVISION OF THE BUSINESS OF CAPITAL GOODS FINANCE COMPANIES

Requirements for Licensing of Capital Goods Finance Business Directives No. CGFB /02/ 2013    DOWNLOAD

  • LICENSING AND SUPERVISION OF THE BUSINESS OF CAPITAL GOODS FINANCE COMPANIES

Minimum Paid Up Capital Requirement Directives No.CGFB /01/ 2013      DOWNLOAD

Investment Incentives and Investment Areas Reserved for Domestic Investors Council of Ministers Regulation No. 270-2012

COUNCIL OF MINISTERS REGULATION No. 270/2012         DOWNLOAD (.pdf)

COUNCIL OF MINISTERS REGULATION ON INVESTMENT INCENTIVES AND INVESTMENT AREAS RESERVED FOR DOMESTIC INVESTORS

This Regulation is issued by the Council of Ministers Pursuant to Article 5 of the Definition of Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No. 691/2010 and Article 39 of the Investment Proclamation No.769/2012.

PART ONE GENERAL

1. Short Title

This Regulation may be cited as the “Investment Incentives and Investment Areas Reserved for Domestic Investors Council of Ministers Regulation No. 270/2012”.

2. Definitions
In this Regulation unless the context otherwise requires:

1/ “Proclamation” means the Investment Proclamation No. 769/2012;

2/ the definitions provided for in Article 2 of the Proclamation shall also apply to this Regulation;

3/ “Agency” means the Ethiopian Investment Agency re-established under the Council of Ministers Regulation No. 269/2012;

4/”Board” means the Investment Board referred to in

Article 6(1) of the Council of Ministers Regulation No. 269/2012;

5/”capital goods” means machinery, equipment and their accessories needed to produce goods or render services and include workshop and laboratory machinery and equipment necessary for same;

6/ “construction material” includes basic inputs necessary for the construction of investment projects;

7/ “customs duty” includes indirect taxes levied on imported goods;

8/ “income tax” means tax levied on profits from business and categorized as the revenue of the federal government, regional governments or as their joint revenue.

3. Investment Areas Reserved for Domestic Investors
1/ The following areas of investment are exclusively reserved for Ethiopian nationals:

a) banking, insurance and micro-credit and saving services;

b) packaging, forwarding and shipping agency services;

c) broadcasting service;

d) mass media services;

e) attorney and legal consultancy services;

f) preparation of indigenous traditional medicines;

g) advertisement, promotion and translation works;

h) air transport services using aircraft with a seating capacity up to 50 passengers.

2/ For the purpose of sub-article (1) of this Article, a business organization may have Ethiopian nationality, provided that its total capital is owned by Ethiopian nationals.

4. Investment Areas Allowed for Foreign Investors

1/A foreign investor shall be allowed to invest in areas of investment specified in the Schedule attached hereto, except those areas provided for in number 1.3.3, 1.4.2, 1.7, 1.11.3, 1.11.4, 5.3, 6.2, 8.2,9.2,9.3 and 12 of the Schedule.

2/ Notwithstanding the provisions of sub-article (1) of this Article, the Board may allow foreign investors to invest in areas other than those specified in the Schedule, except those areas provided for in Article 6 (1) and (2) of the Proclamation and Article 3(1) of this Regulation.

3/ A foreign investor who invests pursuant to sub-article (1) or (2) of this Article may acquire a private commercial road transport vehicle necessary for his business operations. Continue reading “Investment Incentives and Investment Areas Reserved for Domestic Investors Council of Ministers Regulation No. 270-2012”

Proclamation No.769/2012 Investment Proclamation

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Proclamation No.769/2012 Investment Proclamation

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Preamble

PART ONE GENERAL

PART TWO INVESTMENT OBJECTIVES AND AREAS OF INVESTMENT

PART THREE FORMS OF INVESTMENT AND CAPITAL REQUIREMENT FOR FOREIGN INVESTORS

PART FOUR INVESTMENT PERMIT

PART FIVE REGISTRATION OF TECHNOLOGY TRANSFER AND COLLABORATION AGREEMENTS WITH DOMESTIC INVESTORS

PART SIX INVESTMENT INCENTIVES GUARANTEES AND PROTECTION

PART SEVEN INVESTMENT ADMINISTRATION

PART EIGHT INDUSTRIAL DEVELOPMENT ZONE

PART NINE MISCELLANEOUS PROVISIONS

The New Urban Lands Lease Holding Proclamation No. 721 /2011 (Published on Negarit Gazetta)

URBAN LAND LEASE PROCLAMATIONS No. 721 –2011 (DOWNLOAD  pdf)

New Land lease Proclamation No. 721 –2011

Federal Negarit Gazeta No.4 28th November, 2011

18th Year No.4

Addis Ababa 28th November, 2011

                            Proclamation No. 721/2011

A PROCLAMATION TO PROVIDE FOR LEASE HOLDING OF URBAN LANDS

Short title: Urban Lands Lease Holding Proclamation No. 721 /2011.

 

URBAN LAND LEASE PROCLAMATIONS No. 721 –2011 (DOWNLOAD  pdf)

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