MAKE NEW INVESTMENT

Make new Investment

  Investment Start-Up Procedures

Investment License To qualify for an investment permit, an investor is required to submit the following documents:

  • An investment application form signed by the investor/agent.
  • Where the investment is signed by an agent, a photocopy of his power of attorney*.
  • Where the investment is made by individual person, a photocopy of the page of the passport showing his identity and his recent two passport size photo.
  • Where the investment is made by business organisation incorporated in Ethiopia, photocopies of its memorandum of association and articles of association; or where it is to be newly established, in addition, it shall submit photocopies of the pages of a valid passport of each shareholder showing his identity.
  • Where the investment is made by a branch of a foreign business organisation, photocopies of memorandum of association or similar document of the parent company.
  • Where it is a joint investment by domestic and foreign investors, in addition to the documents provided under bullet there above, photocopies of identity cards or photocopies evidencing the domestic investor’s statues, as the case may be.
  • A power of attorney, in the case of submission of an application through an agent and other relevant information relating to the particulars of the project*.
  • A foreign investor who intends to conclude a technology transfer agreement related to the investment will be required to submit a draft agreement together with filled application form, Investing in Ethiopia

 * Note – the documents should pass through the Foreign Office where the investor comes from and should be authenticated by the relevant Ethiopian Embassy, before being submitted to the Ethiopian Investment Agency.

  • The Ethiopian Investment Agency (EIA) approves and issues an investment permit in few hours’ times if the above documents are received in full.

Residence Permit Upon the submission of investment permit

The Main Department for Immigration and Nationality Affairs issues a residence permit to a foreign investor. A foreign investor, who is a shareholder of a company or a branch company and an expatriate staff who has a work permit, are also entitled to a residence permit.

Disclaimer: The official text of the Embassy Website is the English language version. Any discrepancies or differences created in translations are not binding and have no legal effect for compliance or enforcement purposes.

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