Wednesday 19th June 2013

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New Licensing law Drafted PDF Print E-mail
By Groum Abate   
Tuesday, 18 June 2013 12:34

The Ministry of Trade presented a draft amendment of the Commercial Registration and Business Licensing Proclamation for approval to the House of People’s Representatives.
According to the draft amendment, any commercial activity under a license from any government body can register within the budget year following the expiry of the period of registration or renewal.
The previous proclamation states that business should renew their license within four months of the new budget year. Add a comment

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