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P. R. China
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E-mail: [email protected]
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PART THREE
Forms of Investment and Capital
Requirements for Foreign Investors

10. Forms of Investments
1) Investments may be effected in one of the following forms:
(a) Sole proprietorship;
(b) Business organizations incorporated in Ethiopia or abroad;
(c) Public Enterprise established in accordance with the relevant law;
(d) Cooperative Societies formed in accordance with the relevant law.
2) Any business organization specified under Sub Article (1) (b) of this
Article shall be registered in accordance with the Commercial Code or
any other relevant law.

11. Capital Requirements for Foreign Investor
1) Any foreign investor, to be allowed to invest pursuant to this Proclamation, shall be required to allocate a minimum capital of 100, 000 US dollars for a single investment project.
2) Notwithstanding the provisions of Sub Article (1) of this Article, the minimum capital required of a foreign investor investing jointly with domestic investors shall be 60,000 US dollars.
3) The minimum capital required of a foreign investor investing in areas of
engineering, architectural, accounting and audit services, project studies or
business and management consultancy services or publishing shall be:
(a) 50,000 US dollars if the investment is made wholly on his own;
(b) 25, 000 US dollars if the investment is made jointly with domestic
investors.
4) A foreign investor:
(a) re-investing his profits or dividends; or
(b) exporting at least 75% of his outputs shall not be required to allocate
a minimum capital.

5) Any foreign investor having brought investment capital into the country shall have registered same at the National Bank of Ethiopia and obtain a certificate of registration.