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FOREIGN INVESTOR: COMMERCIAL REGISTRATION OF A NEW LOCAL VIABLE COMPANY IN ETHIOPIA

Where the application is to establish a new local viable venture in Ethiopia, the foreign investor applicant is required to submit the following documents: An ...

FOREIGN INVESTOR: COMMERCIAL REGISTRATION OF A BRANCH COMPANY

Where the application is to establish a branch company in Ethiopia, the applicant is required to submit the following documents. Legal certificate of incorporation in ...

The Hague Convention on Adoption

The Hague Convention on Adoption has the best adoption procedures. Its aim is to protect the best interest of a child. In this regard, Ethiopia ...

Stamp Duty on Employment Contracts

Stamp duty proclamation no 110/98 states the follwing. It is the Employer who has to pay the stamp duty. It should be paid before or ...

12 General Terms for Hotel Management Agreement and Technical Service Agreements

GENERAL TERMS 1. Parties’ intentions The owner is developing (building and equipping) an economy hotel (the “Hotel”) located in …., Ethiopia and is willing to ...

18 New Labor Proclamation 1156/2019 Additions

1. Definitions “Sexual harassment” means to persuade or convince another through utterances, signs or any other manner, to submit for sexual favor without his/her consent. ...

State of Emergency Regulation on Employment

The Council of Ministers has adopted a State of Emergency following the Covid-19 pandemic. As a result, Companies that administer their employees as per Labor ...

Stamp Duty on Employment Contracts

Stamp duty proclamation no 110/98 states the following.It is the Employer who has to pay the stamp duty.It should be paid before or at the ...

Work Place Protocol

The Ministry of Labor and Social Affairs has issued a protocol on Work place Response for Covid 19. The details of the protocol recommends some ...

Convention on the Recognition and Enforcement of Foreign Arbitral Awards

By Dagnachew TesfayeEthiopia has ratified the Convention on the Recognition and and Enforcement of Foreign Arbitral Awards by PROCLAMATION No.1184 /2020, done on 13th day ...

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Inter-Country Adoption Allowed for Foreign Nationals of Ethiopian Origin

By Dagnachew Tesfaye The Federal Supreme Court Cassation Bench on Cassation File No 189201 on March 11,2020 Volume 24 made a landmark decision in favor ...

Certificates of Appreciation From World Bank

The World Bank Women Business and the Law awarded Mr.Dagnachew Tesfaye and Mrs. Mahlet Mesganaw with a Certificate of Appreciation 2021 for DMLO’s contributions. Thank ...

Movable Property Security Right

By Dagnachew Tesfaye Introduction This article is about movable property security right. The article provides the movable property security right proclamation, the National Bank of ...

Local and Foreign Civil Society Organizations Registration and Benefits

By Dagnachew TesfayeCivil Society Organizations are administered by the Organizations of Civil Societies Proclamation No.1113/2019 (hereafter the Proclamation) done on March 12/2019 to be effective ...

Establishment and Operation of Foreign Currency Saving Account

The Directive maybe sited as “Establishment and Operation of Foreign Currency Saving Account for Residents of Ethiopia, Non-Resident Ethiopian and Non Resident Ethiopian Origin” Directives ...

Procedure of Approval and Registration of External Loan

The National Bank of Ethiopia(NBE) is vested with legal authority to regulate foreign exchange and registration of external loans. To regulate external loan and supplier’s ...

Foreign Currency Intermediation by Ethiopian Banks

The National Bank of Ethiopia(NBE) issued a directive Directive No SBB/77/2020( the Directive) effective from August 18,2020, that allows Foreign Currency Intermediation(FCI) by Ethiopian banks, ...