Ethiopia - Apply for Investment Permit

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Procedure

Apply In-Person:

1. To obtain investment permit, applicant has to approach the Ethiopian Investment Commission (EIC) contact link
2. The applicant has to get application form from the respective authority, or download the application form from the given link application form
3. Complete the application form with necessary details.
4. Make sure you have all the documents in hand that are listed under the “Required Documents” section of this page.
5. Applicant has to attach photocopies along with the application form.
6. Submit the application form to the concerned officer.
7. Now the authorities will verify your application and validate the submitted documents.
8. After verification process, authority will issue the investment permit to the applicant.
   

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Required Documents

• Completed application form
• Copy of business license
• Summary of financial statement of the recent two years
• Feasibility study of the project
• Power of attorney, if application is made through an agent.
• Photocopies of Memorandum and Articles of Association.
• Photocopies of the relevant passport pages of each shareholder, if the company is to be established in Ethiopia.
• Clearance letter from the Ministry of Trade and Industry for the company name,
• 3 recent passport-size photographs if the investor is an individual person
• In the case of a joint investment with a domestic investor, a photocopy of the identity card or certificate evidencing domestic investor status
• List of capital goods and basic raw materials
  

Office Locations & Contacts

Ethiopian Investment Commission (EIC),
P.O. Box 2313
Addis Ababa, Ethiopia
Tel: +251 11 551 0033
Fax: +251 11 551 4396
Email: [email protected]
Contact details link

Eligibility

All foreign investor or a domestic investor who want to establish a business in Ethiopia.

Fees

Fee will be disclosed by the authority at the time of application submission.

Validity

The investment permit valid for one year.

Documents to Use

application form

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

The processing time takes up to 1 to 2 business 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

Every investor is required to abide by the laws and regulations of the Country. An investor who submits an application for investment permit will, therefore, be automatically taken for unconditional commitment to all laws, regulations, directives and specifically those related to the specific investment area.

Required Information

• Name of the applicant
• Intended Business Address
• Mailing Address
• Telephone number
• Fax number
• E-mail Address
• Business Type
• For corporations: names, nationalities, domicile of shareholders and percentage of Share Capital
• Amount of Capital to be invested in the enterprise
• Summary of business activities to be carried out
• Number of individuals to be employed
• Bankers Name and Address in Ethiopia or overseas.
  

Need for the Document

• The investment permit should be used only for the purpose of implementing the approved investment project.
• The Investment permit can be obtained in one of the following ownership forms:
  • Sole proprietorship;
  • Business organization incorporated in Kenya or abroad;
  • Public enterprises; and
  • Cooperative societies.
    

Information which might help

Enter other informations which might help.

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

Place some external links which might help.

Others

More information which might help people.