Company in Amhara Region

Coat of arms: represents a golden pentagram, spreading golden rays of light on a blue field in the form of a circle. The pentagram, originally the symbol of King Solomon, the legendary ancestor of the emperors of Ethiopia, now symbolizes the people of Ethiopia and the unity of the people. Ethiopia does not have heraldic traditions, since it is the only African state that successfully resisted European colonization and managed to defend its independence. Flag: is a rectangular panel of three equal horizontal stripes: the top one is green, the middle one is yellow and the bottom one is red. In the center of the flag is the emblem of Ethiopia, which is a gold five-pointed star with five rays radiating from it in a blue round shield. The ratio of the flag's width to its length is 1: 2. In its present form, it was adopted on February 6, 1996. The blue color of the Ethiopian flag symbolizes peace, the pentagram - the unity of the peoples of Ethiopia. The original flower symbolism reflected Christian virtues. In the official external symbolism, green personifies fertility, work and development, yellow - hope, justice a Company in Amhara Region nd equality, red - sacrifice and heroism in the name of freedom and equality. . At the same time, despite significant successes, the main problem areas of the economies of all countries in the region are low-productivity agriculture, poorly developed industrial (including food), energy and transport infrastructures. In this connection, business is concentrated mainly in large cities of the region, in capitals, which is associated with easier access to communications. The promising commodity items in terms of increasing Belarusian exports to Ethiopia include: Features of the market for goods and services, conditions of access to the market of Belarusian enterprises ). The Decree of the Council of Ministers of Ethiopia No. 133/2007 establishes a list of goods exempted from the Sur tax: For some types of goods, non-tariff regulation measures are applied (permission from the relevant ministries and departments is required). Four laboratories have been established under the National Committee for Quality and Standardization: electrical, chemical, mechanical and microbiological. However, the last three laboratories are currently only preparing for accreditation. There are restrictions on the import of used clothing and rags into Ethiopia. The predominant form of settlements in trade transactions of Belarusian exporters with Ethiopian partners is an irrevocable letter of credit. In accordance with Ethiopian law, the period of validity of such a letter of credit cannot exceed 90 days. Due to significant bureaucratic difficulties in obtaining foreign currency to pay for foreign trade transactions, the work of Ethiopian businessmen through commodity exchanges seems unlikely. Ethiopia ranks 159 out of 190 countries in the 2017 World Bank's forecasting ease of doing business ranking. The procedure for opening a private company in Ethiopia on the example of a private limited liability company (PLC) https://jiji.com.et/amhara/company