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Investment Agency

Addis Ababa investment agency

 

Bureau Head: KETEMA ZEWDIE

Investment promotion and support core process

Vision

The vision of Addis Ababa investment agency is to see the city been has one of the African cities those developed with their for most known investment activities.

Mission

The mission is to promote the investment activities through rendering efficient, transparent, and fair and one stop service by introducing the resources and optimum investment situations of Addis Ababa to investors and encouraging them to invest.

Key services

The Addis Ababa city investment agency performs several activities and research that support the promotion of the city investment without having direct contact with the services demanding party. On the other hand, there are several kinds of services which the agency gives the level of the office through direct contact with the service demanding party. Among these major ones are

  • Issuing of new investment license
  • Renewal of investment license
  • Processing various requests, such as request of ownership name transfer, change of project name and address
  • Dealing with request of investment license cancellation
  • Giving written and verbal advises
  • Following up the project implementation of the investors these have taken investment license and giving them required assistance
  • Giving an information service for Ethiopian citizens, Ethiopian in Diaspora and foreign nationals.

Requirements to get service

1. Investment permits

1.1 New Investment Permits

1.1.1 Where investment permit is issued for domestic investor

Where investment permit is issued for sole proprietorship
  • Investment application form, signed by the manager/representative / of the business company.
  • Copies of memorandum and Article of Association
  • If there are Ethiopian born foreign nationals among members of Business Company, an approval id that certifies they could be regarded as local investors.
  • Copies of principal registration certificate/if there is /
  • Service charge of birr 600.00
  • The above documents should be attached with classer and fastener to give the service provider
 Where investment permit is issued for business organization

1.1.2  If the investment permitted by birth Ethiopian but  foreign nationality

Where investment permit is issued for sole proprietorship
  • Copies of id  that certifies  the investor is Ethiopian born
  • An application form filled and signed by either the investor or his representative.
  • A copy of renewed kebele Id or passport of the investor.
  • Two recent passport size photo of the investor.
  • If the application is submitted by representative a copy of power of attorney certificate.
  • Service charge of  birr 600.00.
  • If the investment license is issued for the investor who is Ethiopian by birth but Diaspora and also doesn't change his /her /nationality
  • The above documents should be attached with classer and fastener to give the service provider
  • Where investment permit is issued for business organization
  • Investment application form, signed by the manager/representative / of the business company.
  • Copies of id that certifies members of association are Ethiopian national
  • Copies of memorandum and Article of Association
  • Copies of principal registration certificate/if there is /
  • Service charge of birr 600.00
  • The above documents should be attached with classer and fastener to give the service provider

1.2 Expansion Investment Permits

1. 2.1. where investment permit is issued for domestic investor

 Where investment permit is issued for sole proprietorship
  • An application form filled and signed by either the investor or his representative.
  • Renewed of business license Copies
  • A copy of renewed kebele Id or passport of the investor.
  • Two recent passport size photo of the investor.
  • If the application is submitted by representative a copy of power of attorney certificate.
  • Service charge of birr 300.00
  • The above documents should be attached with classer and fastener to give the service provider
  • Where Expansion investment permit is issued for business organization
  • Investment application form, signed by the manager/representative / of the business company.
  • If in the association  there are Ethiopian by birth but  foreign nationality, a document that certifies this condition
  • Copies of memorandum and Article of the  Association
  • The amendment of association photo copy
  • Copies of business license
  • Service charge of birr 300.00
  • The above documents should be attached with classer and fastener to give the service provider

1.2.2. Where Expansion investment permit is issued for Ethiopian by birth but they have foreign nationality

  • Where investment permit is issued for sole proprietorship
  • Investment application form, signed by the manager/representative / of the business company.
  • Copies of id  that certifies  the investor is Ethiopian born
  • Two recent passport size photo of the investor.
  • If the application is submitted by representative, copy a power of attorney certificate.
  • Service charge of birr 300.00.
  • The above documents should be attached with classer and fastener to give the service provider
  • Where investment permit is issued for business organization
  • Investment application form, signed by the manager/representative / of the business company.
  • Copies of memorandum and Article of Association
  • Minutes amendment  /if there is/
  • Copies of business license
  • Service charge of birr 300.00
  • The above documents should be attached with classer and fastener to give the service provider.
  • Application letter
  • Service charge birr 100.00

2. Substitute investment permit certificate

3. Renewal of investment permit certificate

3.1 Renewal of new investment permit

  • Project performance report
  • Original investment permit certificate
  • Service charge 200.00

3.2  Renewal of expansion investment permit

  • Project performance report
  • Original investment permit certificate
  • Service charge 100.00
  • Application letter
  • Copies of memorandum and Article of new Association
  • Original investment permit certificate
  • copy of kebele Id or passport the members of association.
  • Signed the amendment of the association
  • Application letter
  • Original investment permit certificate
  • Two photo /if sole proprietorship/
  • Application letter
  • Original investment permit
  • Business license, Tin number and principal registration certificate
  • Application form for principal registration
  • Copies of investment license
  • Copies of memorandum and Article of the  Association
  • If in the association  there are Ethiopian by birth but  foreign nationality, a document that certifies this condition
  • Service charge 50.00 birr
  • The above documents should be attached with classer and fastener to give the service provider.

4 . Change of ownership / from sole proprietorship to PLC or share 

5 Change of  project  address

6. Cancellation of investment permit

7. Where principal registration issued for association

 
Location: arada kifile ketema  kebele 02/03 arada building (pizza)
Web-site: http//:www.investaddis.org.et
Fax: 251- 11-1 57 82 09
Tel: 251-11-157-82-07/011-157-82-08/011-157-82-03/011-157-82-08
 p.o.box 5215/9687
 
 
English (United Kingdom)
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