In a seamlessly apparent manner, Ethiopia enhanced its pursuit of setting up measures to safeguard its forestry throughout its utilization by enacting an enforcement law in the form of a Council of Ministers (“CoM”) Regulation on Forest Development, Protection, and Utilization. This legislation is a follow-through to the parliamentary enactment made in 2018, the Forest...Read More
A new directive has been issued by the Ministry of Finance, giving a new direction on the treatment of items exempt from Value Added Tax (“VAT”). With the intent to relieve certain economic stress observed in society, the Ministry of Finance (“MoF”) has revisited the exemptions of items from VAT. The Directive issued by the...Read More
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 one of the identifying traits of the Ethiopian investment schemes to boost trade and attract foreign investment. Key policy considerations were taken throughout the development and implementation of industrial parks, some...Read More
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 directive 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
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