FORMS OF INVESTMENT AND CAPITAL REQUIREMENT FOR FOREIGN INVESTORS
10. Forms of investment
1/ Investments may be carried out in one of the following forms:
b)business organization incorporated in Ethiopia or abroad;
c)public enterprise established in accordance with the relevant law;
d)cooperative society formed in accordance with the relevant law,
2/Any investment made in the forms prescribed under sub-article ( 1 ) of this Article shall be registered in accordance with the Commercial Code or other applicable law.
11. Minimum Capital Requirements for Foreign Investors
1/ Any foreign investor, to be allowed to invest pursuant to this Proclamation, shall be required to allocate a minimum capital of USD 200,000 for a single investment project.
2/ Notwithstanding the provision of sub-article (1) of this Article, the minimum capital required of a foreign investor investing jointly with a domestic investor shall be USD 150,000.
3/The minimum capital required of a foreign investor investing in· architectural or engineering works or related technical consultancy services, technical testing and analysis or in publishing work shall be:
a)USD 100,000 if the investment is made wholly on his own;
b)USD 50,000 if the investment is made jointly with a domestic investor.
4/A foreign investor re-investing his profits or dividends generated from his existing enterprise may not be required to allocate a minimum capital.
5/Any foreign investor having brought investment capital into the country shall have registered same by the Agency and obtain a certificate of registration. The Agency shall send a copy of the certificate to the National Bank of Ethiopia.