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New Commercial Law of Ethiopia

New Commercial Law of Ethiopia

March 25, 2023 @ 9:00 am 12:00 pm

Saturday, March 25, 2023 at 9 AM – 12 PM

ARC(AWiB Resource Center)

Members Only!

New Commercial Law of Ethiopia


In recent periods, the commercial sector of Ethiopia is growing and developing. This is partly attributed to the strategic Policy of Ethiopia, which encourages its development. However, business owners come across hindrances in navigating the business environment. To alleviate this issue, one of the strategic moves was to replace the obsolete commercial code of Ethiopia after sixty years with a new Commercial Code of Ethiopia, Proclamation No. 1243/2020. This code is updated to fit the current need of the business sector, simplify the way businesses establish, and regulate various business areas that were never been given any attention.

Upon completion of this RTD, you will:

Gain an understanding of what the business regulatory system addresses: Compliance/license to trade, Labor law, Contract law, Mortgage loan, VAT/TOT, Income Tax & dividend
Find out what the new changes mean to the business or sector you are involved in
Explore changes you can consider to best utilize the changes that came with the new proclamation

This RTD will be facilitated by Yetnayet Beyene, corporate lawyer of Dashen Brewery.