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Small businesses in Ethiopia are taxed differently than individuals. Businesses are required to pay: "business income tax, windfall income tax, other income tax, turnover tax and excise tax." [17] Over 20% of all tax revenue in Ethiopia is derived from business profit tax, and 62% of all direct taxes consist of business taxation. [12]
Licenses have been issued to 250 foreign firms from countries such as China, South Africa, the UK, the US and Canada. The license stipulates that every mining company should allocate 5% free equity shares apart from 8% royalties and 35% income tax. [1] The initial validity of the lease is for 25 years extendable for further ten-year period. [7]
The ministry was established under Proclamation No.916/2008 on 7 July 2008 with reorganization from the former Ministry of Capacity Building. [1] Its envisaged to observe public service and complete its mission ethically by 2020, as well as contributing economic development and social welfare by promoting modern Tax and Customs Administration.
The Attorney General of Ethiopia (Amharic: የኢትዮጵያ ጠቅላይ ዐቃቢ ህግ) is a law official that ensures law and prosecutes criminal investigation under Council of Ministers Proclamation No.943/2016. It was established in 2016 with Getachew Ambaye serving as the first attorney general from 2016 to 2018.
Since the new constitution of Ethiopia enacted in 1995, Ethiopia's legal system consisted of federal law with bicameral legislature. [1] The House of People's Representatives (HoPR) is the lower chamber of bicameral legislature of Federal Parliamentary Assembly with 547 seats and the House of Federation with 108 seats, the former vested on executive power of Prime Minister and the Council of ...
Download font — High quality font. Ethiopia Jiret. Self installer for Windows. Download font only — On Windows, unzip the .ttf file to any folder on your disk, then right-click to install it, or move it to the Windows special "Fonts" folder using the Explorer (do not extract it there directly, or it won't be installed correctly).
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The People's Democratic Republic of Ethiopia (PDRE; Amharic: የኢትዮጵያ ሕዝባዊ ዲሞክራሲያዊ ሪፐብሊክ, romanized: Ye-Ītyōṗṗyā Həzbāwī Dīmōkrāsīyāwī Rīpeblīk) was a socialist state that existed in Ethiopia and present-day Eritrea from 1987 to 1991.