Ethiopia Issues a Revised Transfer Pricing Directive

Ethiopia has issued a revised Transfer Pricing Directive No. 981/2024 (hereinafter the Directive") under Section 79 of the Income Tax Proclamation No. 979/2008. The new Directive repeals the Transfer Pricing Directive that was issued back in 2015.

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Ethiopia’s New Data Protection Law: Key Considerations for Companies Doing Business in Ethiopia

Ethiopia recently enacted a comprehensive Personal Data Protection Proclamation (the "Proclamation"), a significant development for the country which previously did not have a consolidated legislation on data protection, only scattered laws spread across various legislations.

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Ethiopia Opens up Export, Import, Wholesale and Retail Business Sectors for foreign Investment

Ethiopia has taken steps to welcome foreign investments in the export, import, wholesale and retail sectors. In the past, foreign investors were not allowed to participate in these sectors since the 1970s

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