To encourage the domestic and foreign investor engaged in eligible new enterprises or expansion projects such as agriculture, manufacturing, agro-industries, and others
100 %exemption from the payments of custom duty and taxes related on imports is granted to all capital goods, plant, machinery and equipment, construction materials.
Duty-free imports of spare parts worth up to 15% of the total value of the imported investment capital goods, provided that the goods are also exempted from the payments of the customs duties;
Capital goods imported without the payment of import duties and other import taxes may be transferred to another investor enjoy Similar privileges,
Exemption from custom duties or other import taxes are granted on raw materials that are required in the production of export goods.
Taxes and duties paid on raw materials are drawn back at the time of export of finished products. The duty draw back scheme applies to all taxed at the time of import, as well as those paid on local purchases.
Exemption from any export taxes and other taxes levied on exports for Ethiopian products and services destined for export
Carrying forward of losses during a tax exemption period for half of the tax holiday.
Any investors engaged in one of the areas of investment imported duty free Capital goods and Constructional materials necessary for the establishment of a new enterprise or expansion or up grading of an existing of enterprise.
If an investor entitled to a duty free incentives, buys capital goods or Constructional goods from a local manufacturing industries, he shall be refunded with the custom duty paid for the raw materials or components used as inputs for the production of such goods.
Investors may re export the duty free imported capital goods or constructional materials or Motor vehicles
Power of attorney (If the application is processed by an agent )
The article and memorandum of association authenticated by concerned organization ( for an organization or company or share holder)
Investment License given by Ethiopia Investment Commission (FDI or Joint Venture)
Support Letter from Diaspora Agency (if Diaspora)
A letter written from bank along with Bank statement that shows at least six month cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project.