Ethiopia Africa 
Corporate Guide Ethiopia
Corporate Guide

Can a company be wholly owned by foreigners in Ethiopia?

Yes. Foreigners can register a fully foreign-owned company as long as the investment area is opened for the same. Under Ethiopian investment laws, there are three divisions where a foreigner cannot wholly own a company. 

  1. Areas of investment reserved for joint investment with the Government.
  2. Areas of investment reserved for domestic investors.
  3. Areas of investment reserved for joint investment with domestic investors.

Apart from areas of investment that fall into these categories, all investments can be wholly owned by foreigners.