The main objectives of the industrial development encompasses amongst others, promoting
use of domestic raw materials , labor, competitive domestic industrial and private sector
development, creating employment opportunities , increaseing industrial production and
productivity.
Some Specific Manufacturing Industries Investment Opportunities
Hotel & Tourism
Star-rated hotels, lodges, restaurants and grade 1 tour operations
Wanchi Crater Lake Ecotourism
Ecotourism in Adaba—Dodola
Oromia region has huge investment potentials for agricultural development. In oromia region Investment in agriculture sector is attractive and profitable in diverse subsectors ranging from food products, industrial raw materials to bio-fuel.The region has fertile soils and diverse agro-ecology that makes it ideal for agriculture. Crop production, livestock and forestry account for 49%, 14% and 4% within the sector respectively .
Food crop Production
Commercial crops:
Coffee
Coffee Arabic is a species of coffee originally indigenous to the South-easternHighland of the country in Jima zone of Oromia Region.
Coffee is the major source of foreign exchange for the country, accounting for 50–60% of total exports. Out this, more than 50% is produced in Oromia Region.
Tea
Oromia produces a significant amount of tea for local consumption.
Request | Registration Requirements | |||
Domestic Investors | Joint Ventures Investors | Foreign Direct Investors | Diaspora Investors | |
Land request | Project proposal prepared by certified consultant; | Investment License given by Ethiopia Investment Commission | Investment License given by Ethiopia Investment Commission | Project proposal prepared by certified consultant; |
Copy of renewed identification card | Project proposal prepared by certified consultant; | Project proposal prepared by certified consultant; | Copy of renewed identification card/Passport | |
Copy of TIN Certificate | Copy of TIN Certificate | Copy of TIN Certificate | Copy of TIN Certificate | |
If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | Copy of renewed identification card/Passport | Copy of renewed Passport | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | |
If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | |
A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of association authenticated by concerned organization; | A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. | |
Land use and action plan. | Land use and action plan. | Land use and action plan. | Land use and action plan. | |
– | – | – | support letter from the Embassy/ consulate in abroad and yellow passport from concerned organization;
| |
– | – | – | Support Letter from Diaspora Directorate with reference of Ethiopian Ministry of Foreign Affairs | |
License
| A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. | Investment License given by Ethiopia Investment Commission
| Investment License given by Ethiopia Investment Commission
| A letter written from bank along with bank statement that shows at least a one year cash flow where it’s ending balance is equivalent to 30% of the total initial investment outlay estimated for the envisaged project. |
Copy of TIN Certificate | Copy of TIN Certificate | |||
Copy of renewed identification card | Copy of renewed identification card | |||
Recent 3 passport size photographs | Recent 3 passport size photographs | |||
Service charge ETB 1000. | Service charge ETB 1000. | |||
If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | If the application is processed by an agent, he/she has to submit photo copy of power of attorney; | |||
If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of Association authenticated by concerned organization; | If the application is processed by an organization/company or shareholder, the applicant has to submit a copy of the article and memorandum of Association authenticated by concerned organization; | |||
S/n | Investment areas | Income Tax Exemption | |
Special zone of Oromia surrounding Addis Ababa | In other areas | ||
1 | Manufacturing of Food Industry | Exemption from income tax for three (3) years | Exemption from income tax for five (5) years |
2 | Manufacture of Sugar and Others | Exemption from income tax for One (1) year to five (5) years | Exemption from income tax for Two (2) years to Six (6) years |
3 | Manufacture of Beverage Industry | Exemption from income tax for One (1) year to three (3) years | Exemption from income tax for Two (2) years to four (4) years |
4 | Textile and Textile Products Industry | Exemption from income tax for Two (2) years to five (5) years | Exemption from income tax for Three (3) years to Six (6) years |
5 | Leather and Leather Products
| Exemption from income tax for five (5) years
| Exemption from income tax for six (6) years
|
| Tanning of hides and skins below finished level | Not eligible for income tax exemption | Not eligible for income tax exemption |
6 | Wood, Paper and Paper Products and Printing Industry
| Exemption from income tax for One (1) year to five (5) years | Exemption from income tax for Two (2) years to Six (6) years |
| Printing industry | Not eligible for income tax exemption | Not eligible for income tax exemption |
7 | Chemical and Chemical Products Industry
| Exemption from income tax for Two (2) years to five (5) years | Exemption from income tax for Three (3) years to Six (6) years |
8 | Basic Pharmaceutical products and Pharmaceutical Preparations
| Exemption from income tax for four (4) years to five (5) years | Exemption from income tax for five (5) years to Six (6) years |
9 | Rubber and Plastics Products Industry
| Exemption from income tax for One (1) year to four (4) years | Exemption from income tax for Two (2) years to five (5) years |
10 | Other Non-Metallic Mineral Products Industry
| Exemption from income tax for One (1) year to four (4) years | Exemption from income tax for Two (2) years to five (5) years |
| Cutting, shaping and finishing of marble and limestone (excluding quarrying) | Exemption from income tax for one (1) year | Exemption from income tax for two (2) years |
| Manufacture of cement | Not eligible for income tax exemption | Exemption from income tax for four (4) years |
| Manufacture of clay and cement products | Not eligible for income tax exemption | Not eligible for income tax exemption |
11 | Basic Metals Industry (Excluding Extraction of Minerals)
| Exemption from income tax for Three (3) years to five (5) years | Exemption from income tax for four (4) years to Six (6) years |
12 | Basic Metals Equipment (Excluding Products of Metals Materials)
| Exemption from income tax for One (1) year to four (4) years | Exemption from income tax for Two (2) years to four (4) years |
13 | Computers, Electronics Materials, and Vision Materials Industry
| Exemption from income tax for Two (2) years to four (4) years | Exemption from income tax for Three (3) years to five (5) years |
14 | Electrical Products Industry | Exemption from income tax for Two (2) years to four (4) years | Exemption from income tax for four (4) years to five (5) years |
15 | Machinery/ Equipment Industry | Exemption from income tax for five (5) years | Exemption from income tax for six (6) years |
16 | Vehicles, Trailers and Semi-Trailers Industry
| Exemption from income tax for One (1) year to five (5) years | Exemption from income tax for Two (2) years to Six (6) years |
17 | Annual Crop Production Agriculture | Exemption from income tax for Two (2) year to three (3) years | Exemption from income tax for Three (3) years to four (4) years |
| Growing of fiber crops | Not eligible for income tax exemption | Exemption from income tax for five (5) years |
| Growing of cereals, leguminous crops and /or oil seeds and rice | Not eligible for income tax exemption | Exemption from income tax for three (3) years |
18 | Growing of Medium-Term Crops | Exemption from income tax for three (3) years | Exemption from income tax for four (4) years |
19 | Growing of medium-term spices, aromatic and /or medicinal crops (Hulu, curmuma, black pepper and similar crops) | Not eligible for income tax exemption | Exemption from income tax for four (4) years |
20 | Perennial Crops Production | Not eligible for income tax exemption | Exemption from income tax for five (5) years to six (6) years |
21 | Animal Production, Mixed Farming and Forestry
| Exemption from income tax for Two (2) year to Eight (8) years | Exemption from income tax for four (4) years to Nine (9) years |
| Farming of wild animals and production of milk, eggs, and similar products | Not eligible for income tax exemption | Exemption from income tax for three (3) years |
22 | ICT, and Electricity | Exemption from income tax for four (4) years | Exemption from income tax for five (5) years |
23 | Hotel and Tourism | Not eligible for income tax exemption | Not eligible for income tax exemption |
24 | Construction Contracting and Real Estate Development | Not eligible for income tax exemption | Not eligible for income tax exemption |
25 | Education and Training | Not eligible for income tax exemption
| Not eligible for income tax exemption |
26 | Health Service | Not eligible for income tax exemption | Not eligible for income tax exemption |
27 | Architectural, Engineering Works, Publishing, Import Trade, Expert Trade and Wholesale Trade | Not eligible for income tax exemption | Not eligible for income tax exemption |
