BASICS OF STARTING YOUR OWN BUSINESS

Here are the Processes in starting a Business of your own:

 

1          Reserve a unique company name and trade name

2          Authentication of the company documents and the lease agreement at the Documents Authentication and Registration Office

3           Obtain a tax identification number (TIN)

4           Submit documents and obtain a letter from the Trade Bureau at the Sub-city level to open a bank account

5           Open a bank account

6            Register and obtain the Commercial registration certificate

7             Make a company seal

8              Register with Ethiopian Revenue and Customs Authority for VAT

9               Obtain a Certificate of Competence

10             Obtain a business license

11              Install a cash registration machine