Ethiopia is a country located in the Horn of Africa. It shares borders with Eritrea to the north and northeast, Djibouti and Somalia to the east, Sudan and South Sudan to the west and Kenya to the south. With over 102 million inhabitants, Ethiopia is the most populous landlocked country in the world and the second-most populous nation on the African continent. It occupies a total area of 1,100,000 square kilometers (420,000 sq mi), and its capital and largest city is Addis Ababa.

Capital: Addis Ababa

Currency: Birr

Timezone: UTC+3

Corporate tax rate: 30% (royalties 5% – services outside Ethiopia 10%)

Personal tax rate: 5-35%

Capital gains tax: Dividends 10%, Trading shares 30%

VAT: 15%

Tax residence: 183 days rule: world income is taxed with some exceptions.

CFC Rules: No

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