Ethiopia’s Council of Ministers recently introduced amendments to the Investment Incentive Regulation (No. 517/2022), on January 14, 2025 These changes aim to enhance employment opportunities, streamline tax exemptions for investment-related assets, and attract investments in the mining sector. The changes will take effect upon their official publication in the Negarit Gazette. For foreign and local investors,...Read More

Authorities are collecting a 3% social welfare levy on imported goods.   It was back in August 2022 that a new social welfare levy was introduced by the government through the Social Welfare Levy on Imported Goods Regulation No. 519/2022. With a 3% rate, the social welfare levy applies to all goods imported into Ethiopia...Read More