Sectors

Aquaculture

Legumes

Poultry

Sesame

Spices

How many shareholders do you need to start a company in Ethiopia?

Selam

Project Adviser

Dear Mr Becx,
Ethiopian company law requires minimum of  two shareholders to establish a company. So one man company is not allowed in Ethiopia. However, if one of the shareholders is incorporated as one man company and wants to establish a company in Ethiopia with another shareholder, the foreign one man company is accepted as such under Ethiopian law.

How much US Dollars do I need to start a business in Ethiopia?

Selam

Project Adviser

A foreign investor investing alone is required to bring minimum of 200,000 USD for a single investment project and the amount is 150,000 USD if it is joint investment with a domestic investor. For some sectors like architecture or engineering and related services, the amount is 100,000 USD for a foreign investor investing alone and 50,000 USD for joint investment.