Zero Waiting Time Bureaucracy

Investment Incentives for investors investing in Our huge Investment Centers!

Investing in our industrial parks presents numerous benefits. These parks offer well-established infrastructure, encompassing roads, utilities, and telecommunications, crucial for businesses to operate effectively. Moreover, our investment hubs are strategically positioned, ensuring convenient access to transportation networks and markets.

Some of the incentives you receive upon choosing to invest in our investment centers include the following:

• Manufacturing enterprises operating in industrial parks are eligible for an average of 10 years of income tax exemption. Similarly, IP developers are granted a period of 10 to 15 years of income tax exemption.

• Any investor who incurs a loss during the incentive period of being exempt from income tax will have that loss carried forward for half of the same period after the end of the tax exemption.

• The investors are entitled to a tax exemption on agricultural exports and other taxes. Additionally, they have the right to import duty-free goods that are used as raw materials for export.

• Manufacturers have the option to import capital goods, construction materials, and vehicles that are essential for initiating a new project or enhancing and expanding their current enterprise. Additionally, they are permitted to import spare parts duty-free as long as the value of these parts does not exceed 15 percent of the capital goods' value.

• By utilizing the Franco Valuta method, manufacturers who export their products have the possibility to import raw materials from foreign countries.

• Ethiopia is a participant in several international investment protection and assurance treaties and is a member of the multilateral investment guarantee organization associated with the World Bank. This ensures that invested resources cannot be expropriated or inherited, except for public benefit and in accordance with the law.

• Foreign investors have the ability to repatriate income from various sources, including profits, dividends, interest, corporate sales, and similar investments, all of which are denominated in foreign currency.

• Investors operating in industrial parks are not subject to any export price controls on export products.

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