Ethiopia allows Offshore Accounts for Strategic FDI investments Home » Legal Updates Dr. Taddese Lencho In a significant and bold move to attract strategic investors into Ethiopia and generate new foreign currency inflows, the National Bank of Ethiopia (NBE) has...
Cassation Bench of the Federal Supreme Court Ruling on Valuation of Imported Goods Home » Archives for TBest Law Advocates Tibebe Zewdu The Federal Courts Proclamation No. 1234/2020 provides that “Interpretation of law rendered by the Cassation Division of the Federal...
Doing business via non-profits: a look at the newly enacted directive on income generating activities Home » Archives for TBest Law Advocates Sisay Habte The Civil Society Proclamation, Proclamation no. 1113/2019 gives Civil Society Organizations (hereinafter...
What is “New” about the New Investment [Tax] Incentive Regulations? Home » Legal Updates Dr. Taddese Lencho A new Investment Incentive Regulation (No 517/2022) was approved by the Council of Ministers on 21 May 2022 and published on the Negarit Gazetta on July 12,...
Stamp Duties or Stamps of Evidence? Home » Legal Updates Dr. Taddese Lencho The new Books of Accounts Directive (“Directive No. 176/2014,” in Amharic) appears to be a backhanded attempt to revive and enforce the little known Stamp duty law, issued back in...