Investment incentives

 

Ethiopia offers a comprehensive set of fiscal and non-fiscal incentives to encourage investment into priority areas, including:

  • Customs duty exemptions of up to 100% on imports of capital goods for eligible areas of investment;

  • Income tax exemptions for a period ranging between 1 and 9 years, depending on the specific activity and the location of the investor;

  • Loss carry forward for business that suffer losses during the income tax exemption period for half of the tax exemption period;

  • With the exception of a few products, no export tax is levied on Ethiopian export products;

  • Duty Drawback Scheme, Voucher Scheme and Bonded Factory and Manufacturing Warehouse Schemes

  • Various non-fiscal incentives for exporters

  • Guaranteed remittance of capital for foreign investors

For further details on incentives available in Ethiopia, visit this site.

Economic indicators

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