Business Registration and Licensing
The opening of a business in Ethiopia requires a compulsory registration prior to
holding a business license. However, principal registration takes place only once,
regardless of undertaking different commercial activities.
The export trade business that requires registration and licensing by
the Federal Ministry of Trade and Industry can be carried out through the formation of
different types of business organizations such as Sole Trader, Partnership, Share Company,
Private Limited Company, Public Enterprise and Cooperative Societies.
In the registration
process, all of the required documentation and application forms should be signed by the
persons who subscribe to the declaration and be submitted to the Ministry of Trade and
Industry for verification and approval. When this is done, the documents are sent to the
Ministry of Justice for certification and then to the Ministry of Information for public
announcement of the business formation in the national newspapers. Upon the completion of
this, the Ministry of Trade and Industry will issue the Principal Registration
|Export Licensing Procedure
Having registered, an
application for export license should be submitted to the Ministry of Trade and Industry
who in turn issues the export license. The documents required for the issuance of
an export license are application in two copies, the principal registration certificate,
passport size photograph, an investment permit and residence permit if there is
partnership, and memorandum and articles of association or contract of partnership.
The export license covers a duration of twelve months. At the end
of the duration, the license has to be renewed not later than two months into the next
fiscal year as is in accordance with Ethiopian Law.