On January 9, 2025, the Ethiopian Parliament enacted Asset Recovery Proclamation No. 1364/2025 by majority vote, and it entered into force upon its publication in Negarit Gazeta on 2 May 2025. This legislation sparked significant debate due to its retroactive application extending up to Ten years, its investigative methods, and the reliance on the civil standard of proof in legal proceedings. This proclamation...Read More
This commentary analyzes Proclamation No. 1357/2024, focusing on its framework for real property valuation in Ethiopia, including its purpose, system, methods, responsibilities, and the role of valuers. The Proclamation seeks to establish a transparent and structured approach to real property valuation to address critical aspects of the real estate market. I. Purpose and System of...Read More
The Ministry of Finance has released a new draft proclamation to amend some provisions of the Income Tax Proclamation No. 979/2016. Below is a summary and analysis of the key proposed changes under the draft Income tax proclamation. Taxpayer Categories: The categories of taxpayers have been redefined, with specific thresholds for Category A and B...Read More
In May 2025, the Ministry of Finance of the Federal Democratic Republic of Ethiopia issued Directive No. 1064/2025 to implement the Investment Incentives Regulation No. 517/2022. This directive establishes a comprehensive framework for administering income tax holidays and customs duty exemptions. The directive outlines the duration of tax holidays depending on the sector and location,...Read More
Addis Ababa, Ethiopia – DABLO Law Firm LLP is proud to announce that it has been highly ranked in the Legal 500 Europe, Middle East & Africa 2025 guide. This recognition highlights the firm’s exceptional expertise across a wide range of practice areas, including corporate and commercial law, dispute resolution, regulatory compliance, and intellectual property....Read More
Introduction The Ministry of Revenue has issued a new directive on Tax Administration Penalty Waiving, Directive No. 189/2025 on February 2025. The directive provides a structured framework for the waiver of administrative tax penalties. The directive introduces specific classifications, conditions, and procedures governing penalty waivers, aiming to improve fairness and efficiency in tax administration. Scope...Read More
An Insight into Membership and Listing Rules The ESX launch marks a key step for Ethiopia’s Capital Market. Understanding the legal frameworks for membership and listings is crucial. Trading members and listed companies must comply with regulations set by the Ethiopian Capital Market Authority. With the market reopening, two main questions arise: How to become...Read More
Addis Ababa, Ethiopia DABLO Law Firm is pleased to announce the promotion of Mr. Iyasu Teketel to the position of Head of the Consultancy and Compliance Department. This decision reflects the firm’s confidence in Iyasu’s exceptional abilities, dedication, and proven track record of performance. In a statement, the Managing Partner of DABLO Law Firm, Mr....Read More
Ethiopia’s Parliament has approved a new banking proclamation that paves the way for foreign banks to enter the country’s financial sector. The legislation permits foreign banks to purchase shares in local banks and, with case-by-case approval from the National Bank of Ethiopia, fully acquire them. This marks a major step in opening up Ethiopia’s banking...Read More
Recent Comments