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DWQA QuestionsCategory: Investing and business formationHow much US Dollars do I need to start a business in Ethiopia?
Profile photo of SelamSelam Staff asked 3 years ago

I would like to start a business and would like to know how much I need to invest when starting a company?
Many thanks,
 
Becx

1 Answers
Profile photo of SelamSelam Staff answered 3 years ago

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.