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legal news
With its recent economic liberalization and fresh moves to join the WTO, Ethiopia is becoming an increasingly attractive market. Bruk Geremew and Iyasu Teketel believe a revamped PPP regime could help usher in an exciting future. With one of the largest sub-Saharan economies, and some of Africa’s greatest potential for renewable power production, Ethiopia is...
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With new economic liberalisation and fresh moves to join the World Trade Organisation, Ethiopia is becoming an increasingly attractive market. Dawit Kidane and Fitsum Sitotaw spoke to Craig Sisterson about protecting intellectual property (IP) rights in an evolving landscape. Ethiopia is well placed to join its East African neighbours as an innovation hub following this...
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DABLO Law Firm LLP is pleased to announce a new collaborative partnership with the Asian Exporters’ Chamber of Commerce and Industry (AECCI). AECCI is a recognized and well-respected non-profit organization dedicated to promoting the private sector and fostering economic growth. Through this partnership, DABLO Law Firm LLP aims to leverage AECCI’s extensive network and expertise...
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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...
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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’...
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Personal Data Protection Proclamation, Ethiopia
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...
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Addis Ababa Implements Revised Fixed Prices for House Sales Transaction Tax
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%....
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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...
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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 &...
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Legal500 leading law firm Ethiopia
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...
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