Legal Updates

Special Economic Zone

Legal Update on the Special Economic Zone Proclamation No. 1322/2024

Download the PDF version of the full Legal Update here:Download Throughout the years, the development and implementation of aspects of industrial parks have been...

Agricultural Production Contracts Directive Awaiting Approval

The Federal Democratic Republic of Ethiopia (FDRE) Ministry of Agriculture is currently in the final stages of releasing a directive that aims to regulate...

Ethiopia Streamlines Foreign Organizations Registration and Administration with New Directive

The Federal Authority for Civil Societies Organizations (ACSO) in Ethiopia has issued Directive No. 986/2024, outlining key procedures for the registration and administration of...

Ethiopia’s Tech Scene: Poised for Takeoff with the Start-up Proclamation?

Across Africa, young innovators are wielding tech like a wand, tackling problems from finance to healthcare with fresh, digital solutions. Fintech platforms are streamlining...

The Impact of NBE’s Circular on Personal Loans: What You Need to Know

The National Bank of Ethiopia (NBE) issued a circular letter asserting that any interest-bearing loan agreement between individuals or companies other than financial institutions...

Important Legal Update: Directive No. 975/2023 – Selling Graded and Value-Added Export Coffee in Foreign Currency Within Domestic Markets

Who does the Directive apply to?The Directive applies to traders engaged in trading graded and value-added export coffee domestically in foreign currency. What is...

Critical Legal Update: Directive No. FXD/86/2023 – Off-shore Account Operations for Strategic Foreign Direct Investment Projects

The National Bank of Ethiopia (NBE) has issued a directive to attract foreign direct investment by allowing eligible projects to open offshore accounts and...

Influential Shareholders and Persons with Significant Influence in the Ethiopian Banking Sector

Influential shareholders in the Ethiopian banking sector are individuals, companies, or institutions that hold directly or indirectly two percent or more of the total...

Taxation on Capital Gains in Ethiopia

Capital gains refer to the profits earned from the sale of business assets such as stocks, bonds, or immovable properties. Capital gains taxation is...
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