Council of Ministers Investment Incentive (Amendment) Regulation No. 566/2025.

Regulation No. 566/2025 amends the Council of Ministers Investment Incentives Regulation No. 517/2022 with the objective of refining the framework governing fiscal and customs incentives granted to investors in Ethiopia. The regulation revises eligibility for income tax exemptions for investors who create employment opportunities for Ethiopians outside the country, linking the duration of tax exemptions to the number of Ethiopians deployed abroad after obtaining certified vocational qualifications. It further amends provisions governing exemptions from customs duties and taxes on motor vehicles used for investment purposes, establishing that the scope and extent of such exemptions are to be determined by directives issued by the competent Ministry based on the nature and type of investment projects. As a general rule, pickup and station wagon vehicles are excluded from duty-free treatment, subject to specific exceptions. Additional amendments grant discretionary authority to the Ethiopian Investment Board to permit duty-free importation of certain vehicles for investments located in remote areas and to award supplementary incentives to strategic mining and petroleum operations or value‑adding activities. Transitional provisions safeguard the continued validity of customs and tax exemptions granted under mining and petroleum agreements concluded, with Council of Ministers approval, prior to the entry into force of the amendment. The regulation specifies its date of entry into force following approval by the Council of Ministers, thereby ensuring continuity and legal certainty for existing and future investment projects.