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Attractive Incentives

Income Tax Holiday

  • Any income tax derived from approved new investment shall be exempted for periods of 1 to 5 years, depending upon the priority area of investment activities and the geographical location of the investment

  • Business enterprises encountering losses during the tax holiday period can carry forward such losses following the expiry of the exemption period for 3 to 5 years

  • Corporate tax is 35 %

  • Free repatriation of profits and dividends

  • Expenditures for training and research are tax deductible.

Customs Import Duty

  • 100 % exemption of import custom duty and other taxes levied on imports is granted to investment capital goods : plant, machinery, equipment, etc., as well as spare parts worth up to 15% of the value of the imported investment capital goods;

  • Exemption from customs duties or other taxes levied on imports shall be granted for raw materials necessary for the production of goods for export market;

Exemptions from all export taxes except coffee.


For further information, please contact :

The Ethiopian Investment Authority
P. O. Box 2313
Addis Ababa, Ethiopia
Tel. : + 251-1-153432 / 510033
Fax : + 251-1-514396
e-mail : ethiopian.invest@telecom.net.et

 

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