YOUR GUIDE TO DOING BUSINESS IN ETHIOPIA

Ethiopia is an emerging market with a parliamentary system, led by President Sahle-Work Zewde and Prime Minister Abiy Ahmed. The legal system is based on civil law, with federal and state constitutions guiding business operations. Compliance requirements include obtaining licenses, adhering to anti-money laundering laws, and respecting environmental and intellectual property regulations. Foreign investors are encouraged to explore sectors like agro-processing, agriculture, textiles, and leather production.

Ethiopia, located in the Horn of Africa, is an emerging market with immense potential. Governed by President Sahle-Work Zewde and Prime Minister Abiy Ahmed, Ethiopia operates a parliamentary system. The country is divided into the federal government, two federal cities (Addis Ababa and Dire Dawa), and nine regional states. The legal system is based on civil law, governed by the federal and state constitutions and the federal Civil Code.
The Government Structure comprises of the House of People's (HPR), House of Federation (HOF) and Council of Ministers.
The HPR, which appoints federal judges, ratifies international agreements and nominates the president, is the higher house with 550 members and the party with the highest number of seats form the executive.
The HOF is composed of representatives from various ethno-national groups and its responsibilities comprises interpretation of the constitution and handling issues related to secession and state disputes.
The Council of Ministers comprises of the prime minister and ministers and it is responsible for managing the national budget, money printing, borrowing and foreign policy.
 
COMPLIANCE REQUIREMENTS.
The following indicate the compliance requirements needed for business operations to both Ethiopian citizens and foreign investors:

 

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