Commercial Registration and Business Licensing Proclamation No. 980/2016.

This Proclamation provides with respect to registration of businesses in the commercial register and trade names and the issue of business licences. relevant government organs shall issue business licenses in compliance with this Proclamation and other relevant laws for the, amongst others, the following businesses: a) prospecting and mining of minerals; b) various water works services, excluding water works construction services; c) commercial activities involving the use of radioactive materials and radiation emitting equipment. No person shall engage in a business activity without having a valid business license. A relevant authority may suspend business license where the business person fails to meet occupational, health and sanitation, environmental protection, accident prevention standards and qualities of goods and services. Some provisions also concern trade. “Manufacturing” in this Proclamation includes any formulation, alteration, assembling or processing or agricultural development or mine exploration and development or operation activity carried out by using industry. “Agricultural development” means a business activity engages in the production of any plant or animal or fisheries development or animal byproducts.