Post #22017

News: #Ethiopia grants income tax relief to Free Trade Zone investors Ethiopia’s Ministry of Finance has announced income tax exemptions for investors operating in Free Trade Zones who supply inputs and products to the domestic market, in a move aimed at accelerating industrial growth and easing supply constraints. In a statement, the Ministry said the measure is part of broader efforts to address persistent bottlenecks hampering industrial development, including capital shortages, disruptions in input supply, and limited availability of skilled labor. The government has increasingly turned to Free Trade Zones as a policy tool to mitigate these challenges. Under the system, importers are allowed to bring in inputs and goods without upfront payment of duties and taxes, settling these obligations only after securing a market for their products. Officials say the approach is ....... https://www.facebook.com/AddisstandardEng/posts/pfbid0TX6pnHTdzmUnaJuzKVvDzkutUP4RL2V5TYzHeaL8NCmGJgXb13mVYtkrvGw46iYcl