Ethiopia - Invest in Tourism Sector

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Procedure

Apply In-Person:

1. To Invest in Tourism Sector, the applicant has to approach the Ethiopian Investment Commission link
2. The applicant has to get the application form from the respective officer.
3. The applicant has to fill-in all the necessary details in the form.
4. Make sure that the applicant has to give the necessary all documents (photocopies and originals) mentioned in “Required Documents” in the section of this page.
5. Applicant should attach the photocopies of the necessary documents (whichever is necessary) along with the application form while submitting.
6. Submit the application form to the relevant authority. The authority will review the application.
7. After Submitting the Service Request Application, the applicant will receive a confirmation email indicating receipt of the application by the staff that will handle the case. The staff who will handle the case will contact the applicant for further information regarding your application.

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Required Documents

All documents whose sources are outside of Ethiopia shall be:

• Authenticated by the concerned notary office and Ethiopian Embassy in the foreign country, and
• Authenticated and registered by the Ministry of Foreign Affairs of Ethiopia.

Documents to be Notarized and Authenticated

• Memorandum of association and Article of Association
• Certificate of origin
• Minutes of resolution
• Power of attorney
• Business license
• Investment permit

Others

• Business (investment) visa copy
• Passport size picture of the general manager

Minimum Capital Requirements

• For wholly foreign-owned company, the minimum capital requirement is 200,000 USD
• For joint venture company, the minimum capital requirement is 150,000 USD

Office Locations & Contacts

Ethiopian Investment Commission (EIC)
P.O. Box 2313
Addis Ababa, Ethiopia
Tel: (+251) 11 5507131
Fax: +251 11 551 4396
Email: [email protected]
Website: Link
Contact details link
Location : link

Eligibility

• Any person who intends to Invest in Tourism Sector are eligible to make this application.

Fees

• Fees for this procedure has to be paid as per the authority request.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

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Processing Time

• The procedure time of this procedure takes up to 15-30 days.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

Required Information

• Name
• Address
• Contact number
• Email
• Date of birth
• Nationality
• Occupation
• Age
• Gender

Need for the Document

• Only licensed investors can invest in tourism in Ethiopia.

Information which might help

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Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

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Others

More information which might help people.