Requirements to get Investment License for newly approved Project

    • Filling land request form;
    • Letter of decision regarding land for investment;
    • Photo copy of Tax payer Identification Number (TIN);
    • Recent 3 passport size photographs;
    • Photo copy of Id -card for an individual promoter or an agent;
    • Copy of approved land lease/rent agreement;
    • Article of association and Memorandum of Association documents if the request is by an organization,
    • If the application is provided by an agent, legal evidence has to be provided showing the power of attorney,
    • If investment license is for projects having major environmental impact, Environmental Impact Assessment (EIA) document approved by Oromia Rural Land and Environmental Protection Bureau has to be prepared.
    • Payment of 1000 Birr for services

Criteria required changing name of an approved Project

    • Ÿ  Filling the format prepared for this purpose,
    • Ÿ  If change of the name of the project is requested by PLC or SC, operation of the project should be at the status of 80% and above,
    • Ÿ  The share of original/or the first owner should be 51% and above and he/she has to be the manager of the newly formed company,
    • Ÿ  If the new established company improves capital out lay of project and show increment of production and service by 50%,
    • Ÿ  If two company has merged and have equal share,
    • Ÿ  If the Zonal Investment Committee has supported the change of the name of the project,
    • Ÿ  If the change of the name of the project is to the families of the prior owner of the project, no need of having capital share as indicated above.

Lease/Rent Agreement on Projects for which it’s Ownership is changed

    • Letter of permission issued from an authorized body about the transfer of ownership,
    • Photo copy of ID card (individual promoter or manager of an organization),
    • An Article of Association and Memorandum of Association document if the application is from an organization,
    • Document that shows legal power of an agent, if an application is brought by an agent,
    • Action plan of the new project,
    • Investment License,
    • An issued certificate of land ownership,
    • A five birr stamp is also needed to stuck onto the lease contract,
    • Support letter to get free custom duty upon importation of goods that is written by Oromia Investment Commission.

To conclude Land Lease /Rental Agreement

    • Letter verifying the decision of land for investment projects,
    • Photo copy of renewed ID of a promoter or an agent;
    • An Article of Association and Memorandum of Association document if the application is from an organization,
    • Document that shows legal power of an agent, if an application is brought by an agent,
    • Approved land use plan,
    • Action plan for the proposed project,
    • An issued investment license,
    • Photo copy of the project site plan,
    • Receipt showing an advance payment from the total lease/rent amount as per the directives,
    • A five birr stamp is also needed to stick onto the lease contract.

Other Services

    • Ÿ   Environmental Impact Assessment is approved by Bureau of Land Administration & Environmental Protection of Oromia and by its structure found at different levels,
    • Ÿ   Construction permit is provided by Land Development & Management Agency of respective town administration if the land for which investment is permitted in urban center.
    • Ÿ   In rural areas construction permits is provided by respective Zonal Industry and Urban Development Office,
    • Ÿ   Trade license is provided by Trade and Market Development Office of the respective town or zonal administration depending on the locations of investment project;
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