Sector
Latest
Join
Profile picture of Teddy Girma
Profile picture of Jessica Tiernan
Profile picture of Aart Van den Bos
DWQA QuestionsCategory: Funding and business financingIs it possible to change a part of your annual profit from Birr´s to euro´s or dollars?
Profile photo of SelamSelam Staff asked 4 years ago
1 Answers
Profile photo of SelamSelam Staff answered 4 years ago

Dear Mr Becx, the Ethiopian investment law and policy provides repatriation of profits in foreign currency as one of the incentives available for foreign investors. Therefore, yes, it is possible to convert and send back profits in foreign currency.