European Union Business Forum Ethiopia

The EU Business Forum in Ethiopia aims to facilitate operations for EU companies doing business in Ethiopia.
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The end of the year and the fourth  thematic networking event of EUBF...
Events
On her first trip outside Europe as head of the European Commission,...
Dialogue
Public-Private-Dialogue (PPD), the second round, was held on December 4,...
Events
EU Business Forum in Ethiopia (EUBFE) in collaboration with the...

EUBFE Signed MoU with the Ministry of Revenue on the Occasion of its General Assembly

The Ministry of Revenue, represented by State Minister Mr. Mohammed Abdi, signed a Memorandum of Understanding (MoU) with EU Business Forum and its member national business associations on May 2, 2019. The MoU is aimed at forging constructive dialogue between the Ministry of Revenue (MoR), as well as the Customs Commission (which is under the MoR), and members of EUBFE.  In his key note address, H.E. Mr. Mohammed welcomed the initiative to construct meaningful dialogue with EU businesses and encouraged those involved to work towards its fruition.

In this connection, a joint steering committee has been established that would compile, review and address challenges of members of EUBFE in connection with tax and customs. The committee will be led by the Head of the Office of the Minister of Revenue and will be composed of directors of various directorates of MoR and board members of EUBFE. The steering committee will commence its task within two weeks’ time of the signing of MoU.

The General Assembly meeting that preceded the signing of MoU approved annual report for 2018, audit report of external auditor, plan for 2019 and extended the appointment of the existing board members by a further two years. The event was attended by various guests from government as well as EU diplomatic community.

Public-Private Dialogue with Foreign Business Associations, including EUBFE, was Held

IMG-20191204-WA0011Public-Private-Dialogue (PPD), the second round, was held on December 4, 2019 at the Hilton Hotel. EUBFE, as co-chair of the PPD team, worked tirelessly to collect, analyze and depict the major challenges of foreign businesses in Ethiopia. This PPD deliberated on taxation and customs concerns of foreign businesses. PPD was facilitated by the Ethiopian Investment Commission represented by Deputy Commissioners Mrs. Hanna Arayaselassie and Mr. Temesgen Tilahun , along side Mr.Zemede Teferra-State Minister Ministry of Revenue.  Opening remark on the PPD was made by Mr. Ben Depraetere, board chair of EUBFE. In his remark he highlighted the preparation of PPD and appreciated the role EIC and MoR played in making it a reality. He concluded by a encouraging a more sustained dialogue  of such format. Issues on taxation and customs were presented by representatives of the PPD preparation team and responded to by staff from MoR.

Meeting Held with Ministry of Revenue on Issues Distilled from EUBFE Members

The first steering committee meeting of 2019 with Ministry of Revenue was held on August 21, 2019 at the premises of the Headquarters of the Ministry of Revenue (MoR). This collaboration is the result of Memorandum of Understanding (MoU) signed between MoR and EUBFE back in May where both parties reierated their commitment to work together to improve tax administration. A number of agenda points were addressed at the meeting chaired by Mr. Nebeyou Samuel, advisor to the mininister. Board members of EUBFE as well as relevant directorates from MoR also took part.
Technical concerns raised and addressed at the meeting include excise tax, fringe benefit calculation, dealing with fraudulent receipts, VAT refund, application of bilateral tax treaties and more. All agenda points tabled at the meeting by EUBFE were addressed point by point. 
Follow up meeting will be held to review any additional issues that may arise. Moreover, decisions passed on this meeting will also be looked into in the subsequent meetings, which are planned to take place quarterly.  
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