The Ethiopian Investment Board has issued a new Directive outlining the conditions under which foreign investors can engage in specific trade activities previously reserved for domestic businesses. This transparency aims to attract foreign investment while ensuring a level playing field for Ethiopian enterprises. The Directive is titled “Ethiopian Investment Board Directive to Regulate Foreign Investors’...Read More

The Ethiopian Parliament has taken a significant step towards safeguarding individual privacy with the passage of the Personal Data Protection Proclamation (Proclamation No. 1321/2024). This comprehensive legislation establishes a robust legal framework for data protection in Ethiopia. Salient Features of the Proclamation: Individual Rights: The Proclamation empowers Ethiopians with greater control over their personal data. It...Read More

The Addis Ababa City Administration has introduced a revised fixed-price rate to calculate transaction taxes for house sales. The revised rate will be applied to calculate stamp duty (2%), Capital gain tax, and Ashura (4%) fees. This revision notably reduces the previous predetermined fixed price for condominiums and apartments, averaging a decrease of approximately 34%....Read More

The FDRE House of People’s Representatives ratified a new Residential Property rent Control and Administration Proclamation no. 1320/2016 that establishes a regulatory body to oversee residential property rent fees in Addis Ababa, Dire Dewa, and other regional cities. The regulatory entity will determine allowable rent fees by taking into account the country’s existing and prevailing...Read More

We are thrilled to announce that DABLO Law Firm LLP has been ranked as a leading law firm in the Ethiopia category of The Legal 500 EMEA 2024. This prestigious recognition reflects our unwavering commitment to delivering the highest quality legal services to our clients. Additionally, our esteemed Managing Partners, Dawit Kidane, Addisu Hailegeberiel &...Read More

DABLO Law Firm has been recognized in The Legal 500 rankings as a leading law firm in Ethiopia. Africa Legal found out how the firm achieved this and what their plans are for the future. DABLO Law Firm LLP is a leading law firm in Ethiopia with a strong focus on dispute resolution and corporate...Read More

Bruk Geremew, the managing partner, recently participated in the Alliot Global Alliance (AGA) event, marking his second significant international networking experience.The event provided valuable insights and opportunities, particularly for Bruk as a new member of the alliance. He was given the unique platform to share the firm’s story through a Q&A session, introducing its history...Read More

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 foreign civil society organizations operating within the country. This marks a significant step towards clarifying existing ambiguities and establishing a more cooperative environment for foreign CSOs to contribute to Ethiopia’s development....Read More

DABLO Law Firm LLP’s Deputy Managing Partner, Bruk Geremew, will be attending the 2024 MEASA Conference in Dubai, UAE, on the 22nd and 23rd of February 2024. This marks the Firm’s first Alliott Global Alliance® conference participation since its membership at the end of last year. If you would love to connect at the Conference,...Read More

The Ethiopian Ministry of Finance issued a Directive to Provide Rules on Transfer Pricing, Directive No. 981/2024, establishing clear rules on transfer pricing. This landmark Directive aims to enhance tax fairness and transparency by ensuring transactions between related parties are conducted at arm’s length, reflecting market conditions. The Directive draws its authority from the Federal...Read More