DABLO Law Firm Principal Managing Partner Dawit Kidane was honored to attend a reception hosted by the Angolan Ambassador to Ethiopia and Permanent Mission to the Africa Union and UNECA, H.E Mr. Miguel César Domingos Bembe, in celebration of the 48th Anniversary of the Independence of the Republic of Angola. This event was a wonderful...Read More
The International Bar Association (IBA) Conference of 2023, one of the largest and most prestigious legal gatherings in the world, attracting lawyers and legal professionals from over 130 jurisdictions, has concluded in Paris, France. Dawit Kidane, our law firm’s Principal Managing Partner, was pleased to attend this conference, build a network with colleagues from around...Read More
Dawit Kidane, a partner at DABLO Law Firm LLP, will be among the few African legal experts at the Africa Energy Dispute Resolution Roundtable organized by the UK Ministry of Justice GREAT Legal Services and Africa Legal on October 31, 2023. The roundtable will be held at the British Embassy in Paris, France.Read More
In its 25th Ordinary Session, the Council of Ministers, with consensus and some additions (amendments), approved the Personal Data Protection Draft Proclamation, the Rural Land Administration Draft Proclamation, and the Special Economic Zone Draft Proclamation. The approved draft bills will be tabled before the Parliament for further discussion and ratification.Read More
DABLO Law Firm LLP’s Managing Partner, Dawit Kidane, will be attending the International Bar Association (IBA) Annual Conference 2023 in Paris in October and November. If you are attending and would like to meet up, contact him directly at: dawit@@adminRead More
As we celebrate the Ethiopian New Year of 2016, DABLO Law Firm LLP wishes all of our clients, friends, and all those celebrating the holiday a joyous and prosperous year! It is a time to reflect on the past year and look forward to the future with hope and optimism. We are honored to serve our clients...Read More
The National Bank of Ethiopia (NBE) is reducing the amount of foreign currency earnings surrendered by exporters to the NBE from 70% to 50% and to commercial banks from 20% to 1%. The new amendment allows exporters to retain 40% of their foreign currency earnings for themselves. The Retention and Utilization of Export Earnings and...Read More
The Federal Supreme Court of Ethiopia has ruled that using retained earnings to pay up subscribed capital is not considered reinvestment, but rather debt offsetting. This means that dividends used to pay subscribed capital will be subjected to a 10% tax. The Ministry of Revenue’s ability to retroactively impose taxes on shareholders’ reinvested dividends is...Read More
House Sales in Addis Ababa to Be Taxed at Predetermined Prices The Addis Ababa City Government has set a fixed price per square meter for house sales in an effort to collect all revenue generated by the city, in line with recent tax reforms. Under the new valuation, the government will estimate that a house...Read More
Ethiopian Federal Appellate Courts Must Now Provide Reasons for Dismissing Appeals The federal appellate courts have long had a practice of dismissing appeals without providing a reason on the standard form. This procedure has allowed appellate courts to make prompt decisions as they were not required to articulate detailed reasoning for deciding to dismiss an appeal...Read More
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