The magical link between developers and music.

Posted On 05 February 2021 ( 3.2 Minute Read )

Music and developers

There is no denying that music is one of the building blocks of software development. It is, on most occasions, what keeps us sane and holds us together on heavy-work days.

For those of us who like to mix our productivity with a playlist running in the background, music has a special place in our hearts. It is almost as if it brings out the best in us — our “inner creative”.

Although the pros of music are endless, some do it for the energy it brings them, others use the headsets to warm up their ears in cold seasons, and most use it to cancel out background noise and focus on their work — their noisy way to silence!

Whichever the reason, music is bliss.

Research showed that the quality of work was at its lowest without music, and suggests that playing your favorite track while working can improve mood and productivity. But music can also be distracting at times, you could waste valuable time finding the perfect songs which fits your mood, creating playlists, and even adjusting volumes, etc. After all, haven’t we been in a situation where we accidentally typed in the lyrics of the music we were listening to?  

For these reasons, it is suggested that listening to instrumental music works best when working. Because, you guessed it, there’s no lyrics to “accidentally” type, and the best you can do is nod your head!

Our recommendation: 

Lo-Fi or low-fidelity music, is a kind of instrumental music with a relaxed aesthetic touch. It fits very well into the developer work style, perfect for when pulling an all-nighter, and it doesn’t interrupt your focus. A triple threat!

Note that this is not always the case. Memorizing new information is best done with no music, and hence make sure you are working, and not learning a new language, etc.

Our Lo-Fi favorites: 

Choosing the right bank for your business in Ethiopia

Posted On 28 October 2020 ( 9.1 Minute Read )

choosing the right bank
Choosing the right bank in Ethiopia

There are several options when it comes to choosing the right financial institution for your business. As of today, there are 18 banks in Ethiopia and more 10 banks to be opened very soon. Choosing the right bank for your business may be tricky if you don’t know where to start.

Right after Addis Software was established (You can find Business Establishment process in our previous blog). The next step was to choose the right bank for our business, we had no idea where to begin. We started searching online for different bank’s banking services and benefit packages. However we couldn’t find everything we needed online. Therefore we had to select a few top banks in our minds and go interview each bank’s branch manager.

We wished we could have found this information in very simple and clear way through some kind of online mechanism. That would have saved a lot of time for us with out us going to different banks.

Recently we have discovered a new website called banksethiopia.com which contains information of all banks in Ethiopia in a compressive way. It compares banks in Ethiopia with different comparison points such as interest rate, benefit package, customer services, online services, diaspora banking and other banking services. It also has a daily exchange rate table which shows daily exchange rate of all banks in one place.

Comparing Banks

Our experience in choosing the right bank for Addis Software in short looks like this. Thus, The first thing is to decide whether a private bank or commercial bank, small bank or big bank is appropriate for your business. Once you decide this, it is good to keep in mind the following points we used to compare and choose the right bank for our business.

Digital Solutions

Having online presence is very important for a bank. Technology can help manage your money and stay on track. Being able to download your account statement at anytime from your computer is such relief. Although most banks have online and mobile banking system, not all of them have every service you need banks in Ethiopia has made this very easy, it lists online services of each bank. Some of the services are

  • Check balance and download account statement
  • Transfer money online
  • Control loan progress
  • Pay bills online
  • Availability of mobile app
  • online security

Types of Financial Services Available

Availability for different types of financial services is a good point to chose the right bank for business. .

  • Loans
    • Car Loan : Check for low interest rate , initial payment, repayment policies, penalties
    • Mortgage Loan: Check for low interest rate , initial payment, repayment policies, penalties
    • Working Capital Loan: Check for low interest rate , initial payment, repayment policies, penalties
  • Interest Free Banking
    • Do you need IFB for your business? If you need IFB, make sure the bank you are choosing provides this service.
  • Wire Transfer
    • Check the bank has options to transfer money locally and internationally

Customer Service

Customer service is crucial, it can make or break your experience with a bank. Ask for people if they have done business with the bank you’re interested in. If you start to see a trend in a negative direction, it might be best to look elsewhere. You can also check reviews on Best banks in Ethiopia for different types of reviews. Bad rating can drive you away from a bank with even better features.

Some points to consider are

  • Working Hours
  • Waiting time
  • Number of Branch and ATM availability

What account types do you need?

Most banks have similar banking account services. At a minimum a bank is expected to have some of these account types for business

  • Checking Account
  • Saving Account
  • Check book
  • Employee Salary Account

Foreign Currency Services

If your business is related with brining in foreign currency to the country for example import/export business you definitely need to consider which bank is the appropriate for you. Foreign Currency Services are available on almost every bank. However, which bank has the most benefits regards to foreign currency should be the key point to chose the right bank.

Interest rates

Interest rates on saving and loan are key factor to consider. Banks with high saving interest rate and low loan interest rate are preferable. Some banks also has some especial saving accounts with high saving interest rate.

Finally

The significance of choosing a bank ought to not be undermined. But selecting the correct one can have as a great significance with your saving and investment because it can relate with banking benefits, such as low interest rate on loan, awesome client benefit, or other benefit packages. To begin with, recognize what is most important to you with respect to the sorts of accounts you want, items and level of benefit you wish, and the level you like to communicate together with your bank. Consequently the focuses above can give an layout for you to consider your possess behavior as well as how a specific bank might fit it.

Once you’ve distinguished what you need in your bank, you can start checking on your alternatives. Visit bank websites, conversation with a banker or manager at each bank you’re considering, and go through your needs with them. At that point, after you’ve limited down your list, see online reviews if available and inquire information from family or friends in the event that they have any involvement with the banks. Check Banksethiopia.com which made it all easy and find the information for most banks in one place.

COVID-19 pandemic and Addis Software | Tips to work from home

Posted On 17 August 2020 ( 10.3 Minute Read )

Home Office

The past couple of months has been a tragedy all around the world. As it became apparent that companies will have to work remotely for some time, we also faced the question: how do we make that work?

Here is a step by step journey of Addis Software’s since the first case COVID 19 case reported in Ethiopia. Including the challenges we faced, how we solved them, how we managed to work with our partner SWEETOPA, and a couple of tips to support your team while working from home.

#March13 First Coronavirus case Ethiopia

Addis Software is a company with a small number of teams of Software Engineers and interns. When we heard the news that the first confirmed COVID-19 case had been reported in Ethiopia, we were on our lunch break and looked at each other with a doubtful face. We were shocked, frustrated, scared as if the virus would come and catch us right away. Even though we heard a lot of information about the pandemic, we didn’t know what to do when it is actually real. 

We soon bought enough hand sanitizers and disinfectants to clean up our desks and computers whenever we remember to do it. We started to apply frequent handwashing and all the necessary physical distancing rules in our office in a more serious way than before.

 A couple of days later, the city’s frustration increased, and the Ethiopian government decided to shut down schools and universities, limit movement around state borders. Everything looked like it was happening at a speed of light.

#March20 Our interns left

Shutting down universities was the first thing the Ethiopian government did to prevent the spread of the virus inside university compounds. Our interns were from Addis Ababa University; however, they were from different parts of the country. They were told to pack their items and leave their campus with a bus their university arranged; to their home cities.

This was a hard time for us, our interns just got started, and now they left? We were learning a lot from them and the internship journey as well. 

We gave them a break until they settled down and encouraged them to get back to work when they are ready. To be honest, they were doing a fantastic job. We wanted them to continue to work with us and learn even when they are home.

#March23  Work from home test period

For Addis Software and our partner SWEETOPIA, this period came with uncertainties and difficulties. We thought of different ways to keep our Employees and everyone safe while working productively. 

This was a period for us to test whether we could be able to achieve both to work remotely and work from home. We wanted to test many factors that will affect our working performance. Such as internet speed, destruction, and etcetera.

It looked like it worked! The only fear was the internet speed in our homes was different, some of us had a good internet speed, and some of us slow. Hoping this would be fixed, we took the week to set up our home offices, learn to communicate, and all new things related to the new culture.

#April  #StayAtHome #WorkFromHome

We don’t know for how long but decided to close our office and completely shift to working from home for two reasons. The first and crucial reason was for the safety of our team and their families and beloved ones. The second reason was that the Ethiopian government highly encouraged whoever can to stay at home and work from home for the safety of everyone. We believed our input was significant at such times.

If companies like us whose job can be done remotely can make their Employees work from home, large crowds in public transport areas, in buildings, in restaurants, will be less, and this means the more people stay at home, the less the spread of the virus will be. We believe this will be a small input to save many lives and decrease the burden on front-line health workers. 

#May, June, and July

Three months and the pandemic is still increasing. Unbeleivalabe! On our journey of work from home in the past couple of months, we have surprisingly found that our employees are more productive. Based on the feedback we collect from our team we also found out our employees said that they feel safe and are happy to work from home. They are even happier with their job than ever.

“I love the new normal….”

One of our team

Despite the benefit, remote work can still be a challenge. Here the significant difficulties we countered     

  • Prioritizing work

Managing your job is hard enough. Then there’s the constant temptation to watch one episode of your favorite show during your work break, and all other reasons which may lead to procrastinating on a project. All of a sudden, and you have nothing to show for the day. Remote workers need to be self-motivated at time management because we don’t have others regularly overlooking our work or managing our time.

  • Interruptions

You’ll likely have to deal with different kinds of interruptions and distractions, whether it’s your small rented house owner needing your help to fix their broken water or your friends dropping by unannounced.

It’s especially hard if you have very young siblings, who don’t understand that they can see you, but you’re not available to play.

  • Loneliness and lack of human interaction

In some cases, Working from home can be isolating, and stressful for employees who live alone and may face the problem of lack of human interaction

  • Technology hiccups

Living in Ethiopia, it is hard to rely 100% neither on the internet provider nor the Electric power providers for remote work. The Ethiopian power system has faced more frequent, widely spread, and extended blackouts during this summer.

Solutions

  1. Help Employees manage distractions
  2. Allow employees to work on flexible hours
  3. Set rules for virtual meetings
  4. Schedule regular one on one check-ins
  5. Arrange mechanisms to work locally (on your computer ) whenever there is a power outage or internet cut-offs for a short period. 
  6. Communicate, Communicate, Communicate!

Interns Sponsored by Sweetopia and internship in Ethiopia

Posted On 06 March 2020 ( 11.2 Minute Read )

Interns Sponsored by Sweetopia and Internship in Ethiopia

As a student, the environment accommodates itself to be rough in all the aspects possible. Starting from being a fresh year student, up till graduation, and what adds up to that is doing the internship period. It could be a double-edged sword, and internship in Ethiopia is no exception.

With more students joining universities and colleges each year and by the time they reach a certain phase in their higher education journey, the question that usually comes up is, “what shall I do now”? Most people, if asked, would recommend doing internships in Ethiopia. 

Here at Addis Software, we are working closely with Sweetopia, an IT company based in Sweden. Sweetopia brings the experience needed to be a determined developer, with challenging topics to tackle, exciting projects to work on and the chance to work directly with top-notch Swedish developers. 

We are working on several projects which entail building mobile and web applications. Leveraging cutting edge technologies like Google cloud services and cross-platform frameworks such as react-native, our talented team of developers works to deliver high-quality products to our diverse clientele.

Welcoming Interns

The latest additions to our team are, Dagmawi Asfaw, Fireayehu Zacharias, Henkok Akanaw, Leulseged Tariku, and Simret Araya. They are our new interns from various universities and sponsored by Sweetopia. We hope this will be an opportunity for them to expand their skills as well as gain some hands-on experience. They will be led by our senior developers Henok Tsegaye and Abdulhamid Omar.

Current Project 

A new interesting project we are working on is a cross-platform mobile application for a Swedish market. And as the plethora of frameworks and tools created to make development easier keeps growing, just like a kid at the candy store, the task of choosing the right tech stack becomes even harder. 

But the best solution to that is letting the problem you are trying to solve make the choices for you. In our case, we wanted to have faster development time and optimized performance. Even though it is often a compromise between the two, we have managed to create the right balance. The MERN stack, where we’ve switched out react for react-native has been the one best suited for our needs.

React native{https://reactnative.dev/} was the obvious choice for us because it is based on the JavaScript library that allows you to create a single javascript codebase that will work on different mobile devices (iOS, Android & Windows). Going for the all in one approach has many benefits like 

  •  It is a cost-effective solution
  • You can use the reusable code.
  • Easy access to plugins.
  • Rapid development
  • Ideal for prototyping

We are also using Nodejs{https://nodejs.org/en/} with express{https://expressjs.com/} to build our backend API. Although there are lots of node server frameworks out there, we choose express because it has simple routing and support for Connect middleware, allowing many extensions and useful features. Express is a minimal, open-source and flexible Node.js web app framework designed to make developing websites, web apps, & API’s much easier.

And for the CI/CD, we have chosen to use the GitLab-CI{https://about.gitlab.com/stages-devops-lifecycle/continuous-integration/} tool to create our development pipeline. It has made continuous testing and integration of new features a lot easier and faster. And our NoSQL database will be stored in MongoDB Atlas{www.mongodb.com} cloud storage.

We have also added modern implementations such as Bank id + Facebook integration, custom chat integration, map, and contract.

Technologies used:

  • Docker
  • Kubernetes
  • Contentful
  • Swish

How is Sweetopia involved in the process Internship in Ethiopia?

Sweetopia is involved from the very beginning from design to implementation by consulting and working together. Their developers are well motivated and dedicated to answering any questions we have. 

We may not have used the latest technologies we are using now without the help of their developers’ consultancy.

How will interns benefit from our internship in Ethiopia program?

1. Experience & Skills

One of the golden benefits of going out in our Internships in Ethiopia is that Interns will gain the valuable experience needed right away from the hands of experts in the market.

Moreover, they get to refine, develop, and sharpen their skills, to easily adapt to new, modern changes within the community. Having such talented skills can never go unnoticed by big market players who are willing to hire such people. 

2. Network

As you get to experience the work surroundings, the people you meet and get to know increases, and this becomes a game-playing factor in the long run, as you may end up being a full-time job in no time at all. Additionally, the talented people you may have the opportunity to learn from as well as gain new information is almost invaluable.

On the other side, for companies who want to hire interns, they are also looking for something they can demonstrate. Such companies get advantages and benefits as does the intern.

A Larger Perspective

Employers will have the chance to build relationships with younger generations and get their insights on what are the modern trends they are missing. Such companies can have partnerships with colleges and universities to recruit talented students who might end up being future employers. Having interns can also increase productivity within the company while enhancing the social presence which will attract new customers. Employers also get to lead youngsters, which develops leadership skills within the company.

Good for startups

As a startup company, with low workforce and capacity, alongside financial constraints, hiring interns is the best option, since they can bring exposure and productivity to the work environment. Many interns are here to learn and gain new skill sets, and that is what small and medium business companies are looking for. 

In Ethiopia, there are many companies offering software solutions as their profession and relying heavily upon local human force, Ethiopian tech-savvy are looking for such opportunities, and that is where Addis Software PLC comes to the emergence, intending to raise the technical aspect of its community. 

How to be a part of our internship program?

Addis Software is home to developers and a place to learn and grow. We are still accepting internship papers, and regularly get and accept bulk internship applications.

Not just being a normal IT Company in Ethiopia, Addis Software provides a different experience to its employers and interns, with the concept of forging a better Ethiopian Tech community.

To get an internship(Internship in Ethiopia) opportunity and experience the work environment at Addis Software, all you have to do is contact us through Addis Software official website, submit your application and wait for an interview arranged. 

Software Developers In Ethiopia

Posted On 17 January 2020 ( 7 Minute Read )

Developers working together

We are excited to be a part of the fast-pacing movements of the technology industry. We got the chance to be working with a diverse group of software developers.  Addis Software did not come to this industry to pass modestly. Rather make our presence felt and make an impact by contributing a little to the software industry we are involved in.

A lot of people often tend to ask me questions about the tech ecosystem in Ethiopia. Such as “How does the tech echo system look like?”, “Are there good software developers in Ethiopia?”, “What technologies do you use?”, “Will I be able to start a business in Addis Ababa in software development and become successful?”…

I may not have the shortest answer to all those questions but YES! I am confident to say that there are astonishing software developers in Addis Ababa and Ethiopia as well. 

Addis Software has come a long way from its beginnings in Addis Ababa, Ethiopia. When the company first started, we wanted to closely work with software developers in Addis Ababa by providing opportunities, such as projects, internet access, working spaces, and communication. 

For starters like us, the outcome was surprising. We learned a lot in the process and it turned out great. 

Software Developers Potential? 

Back when I was in college studying Software Engineering, there were around 30 public universities. However, only a few them offered Software Engineering as a major. Ethiopia has now 43 public universities. Can you imagine how big the potential generated from these institutions every year? 

There are also some private colleges and universities that only give Computer Science and Software Engineering fields.

Not to forget self-taught software developers in Ethiopia, who for me are the best of all. There are plenty of self-thought software developers.

There are also incubation hubs that work hard to assist developers and entrepreneurs with innovative ideas both financially and ideally. 

The potential is what motivates us to work hard. Working with enthusiast developers, always learning something new and growing together. We are working hard on building an open and transparent culture where everyone feels comfortable to ask questions and learn from each other.

Are there things to do?

This may be a huge topic to be discussed on another blog. To shortly address what I have observed on my little journey, even though there is a vast number of graduating enthusiast software developers every year and the sector is growing very rapidly, there are still numerous works to be done in the IT Sector. 

For example, according to statistics, Ethiopia’s 79.24 % of the population lives in rural areas. Agriculture holds the majority of the population. Unless we support this sector with technology, Ethiopia’s growth will be very reluctant. 

We have to formulate ways to involve technologies, such as GPS technology, AI and other technologies to be more productive and efficient.  

Another area that has not been touched is an online payment system. I assume many factors are out there holding the government back from not having an online payment system yet.

Whatever the reason is, and when the government is ready who is going to develop those systems? If software development companies like Addis Software and others in collaboration don’t?

Government offices are other huge sectors that need to be digitalized very soon. This will reduce corruption, save time and foster growth of a country.

There are many sectors I did not mention above where one can start a an IT business in Ethiopia. I see it as an opportunity and of course lucky to be impactful.

All in all, 

Our passion for forging the best communication between our team to sharpening the essence of what the developer community can ultimately accomplish is what drove us to take serious actions, which gave us and our team the momentum to turn hard work, passion, and inspiration into to credited software solutions we develop now. 

Addis Software is home to software developers, a place to learn, grow and expand creativity. Many More Software development companies are also needed to foster the growth of our country. 

How to start a company in Addis Ababa by Addis Software

Posted On 24 December 2019 ( 4.9 Minute Read )

Addis Software a company based in Ethiopia

If you did not read part one of this blog, please click here and read.

Part 2

 I will cover how Addis Software continued throughout the rest steps to start the business. 

Step 10: Stamp

 Get a stamp for your company from any business center or printing service shop.

A company stamp is a must to proceed with the next steps, Documents you need to get your company stamp are:

  1. Business Registration
  2. Business License 
  3. Logo (if you have one)

Step 11: VAT Registration

This step may vary from business to business. You will only need to have a VAT registration certificate if you are a VAT payer. We can take our Addis Software as an example, it is a VAT registered company. Most businesses or companies are VAT Payers. 

You will get your VAT Registration Certificate from the nearest ERCA office (የኢትዮጵያ ገቢዎችና ጉምሩክ ባለስልጣን ), most likely it will be the office you visited to get your company TIN Certificate. 

You will be asked to bring your Business License, TIN Certificate and a stamp. This step will not take more than 30 minutes. 

Step 12: Bank Account

You may be asking why opening a bank account is among the last steps. Although it may sound unusual, you are only required to state the amount of money you want to put in starting your business on the previous steps. 

What I advise here is to carefully choose your bank. As Addis Software, I and my partner had to visit multiple banks and discussed with the bank managers to find out what special services they will offer. The offers may include internet banking, mobile banking and other offers for the company and employees. 

Step 13: Sales Register Machine and Manual Receipt Print

A Fiscal printer or cash register machine is a must for VAT Registered businesses. 

To start processing a sales register machine Go to the ERCA office and write a letter to get permission. 

Step 14: Additional Business Licenses 

If you think you need additional business licenses, you can always go back to your sub city Trade and Industry office to expand your license. 

Addis Software got its software export license at this step. 

Step 15: Investment License 

If your business is in the IT sector you can get an additional investment license from the office of Addis Ababa Bureau of Investment located around Senga Tera 

To summarise all steps

Offices to get services:
  • Addis Ababa Sub City Offices
  • ERCA (ገቢዎች)
  • DARA (ውልና ማስረጃ)
  • MCIT for IT sector
  • Addis Ababa Bureau of Investment (optional)
A little secret from Addis Software:
  • Always have multiple copies of your documents when you visit the above offices except for MCIT.
  • Go to the offices early in the morning to save time. Because of this, we were able to finish all the processes with less than 4 days.
Last but not least!

Relax and Enjoy! Addis Software wishes all people reading this blog Best of Luck in your business. 

How to Start a tech company or PLC in Ethiopia | Addis Ababa

Posted On 13 December 2019 ( 12.9 Minute Read )

Addis Software a company based in Ethiopia

How to Start a tech company or PLC in Ethiopia | Addis Ababa

How to start a company in Addis Abeba by Addis Software

Part 1

What prompted me to write this blog is, it was complicated for me and my partner to find full information on how to start a company eight months ago when we were about to Start Addis Software, Read more .

I have tried to put everything you need to know about starting a PLC in Addis Ababa. 

Let me first walk you through the two most popular types of business organizations in Ethiopia.

  1. Sole Proprietorship: Is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. 
  2. Private Limited Company: To start this type of company a minimum number of two members are required and the liability of each member or shareholders is limited. It means that if a company faces loss under any circumstances then its shareholders are liable to sell their assets for payment. The personal, individual assets of the shareholders are not at risk.

So what we first did was, we decided that PLC is the type of business we want to start and agreed on our share contributions. What is next? Company name right? It is not necessary to decide on a company name at this step, just keep thinking of different names for your company in the back of your head because later you will be asked for several names.  

I am going to put the next steps one by one. 

Step1: Decide which sub-city (ክፍለ ከተማ) in Addis you want to start your business.

Sub cities in addis abeba

Addis Ketema, Akaki Kality, Arada, Bole, Gullele, Kirkos, Kolfe Keranio, Lideta, Nifas Silk Lafto, and Yeka are the sub-cities in Addis Ababa, I guess choosing a sub-city depends on several factors such as type of business, location, etc… We decided to start our business addis software in Bole Sub-city. 

Step 2: Write Article of Memorandum and Article of Association (የመመስረቻ እና የመተዳደሪያ ጽሁፍ/ሰነድ) for your company. 

Article of Memorandum (የመመስረቻ ጽሁፍ)  is a document that sets up the company and it includes things like

  •  Company name
  • Date of establishment
  • Type of company
  • Names and signatures of all original shareholders

Article of Association (የመተዳደሪያ ጽሁፍ) sets out how the company is run, governed and owned. It also includes the responsibilities and powers of the directors, it includes things such as

  • Directors’ powers, responsibilities, decision making, appointment, and removal, indemnity, and insurance
  • Shares, distribution of shares and Dividends
  • Capitalization of profits
  • Shareholders
  • General meetings
  • Voting Rights

Writing your company Article of Memorandum and Article of Association from scratch might be a bit tricky, you can get samples from a nearby stationary or business centers near any Documents Authentication and Authorization Agency (የፌደራል የሰነዶች ማረጋገጫና ምዝገባ ኤጀንሲ) office. They have branches in different parts of the city. We were getting services from a Documents Authentication and Authorization Agency located in Megenagna Derartu Tulu Building. 

After looking at a sample you can also include your ideas, I suggest to talk to a lawyer or someone from the law firm to consult you with your Article of Memorandum and Article of Association before publishing it.

And print draft copies of Article of Memorandum and Article of Association without a company name. 

Step 3: Come up with at least 5 alternative company names and get approval on your choice of sub-city.

Firstly go to the sub-city you decided to start your business and go to the office of trade and Industry (የክፍለ ከተማው ንግድ እና ኢንዱስትሪ ቢሮ) of that sub-city. In our case, the Bole Sub-city head office, located right below Megenagna roundabout, and the office of trade and Industry is located on the third floor. 

secondly tell one of the officers that you came for a company name approval, they will ask you for your Article of Memorandum and Article of Association and list of alternative names. This will take around 10 to 15 minutes for them to check on their system whether the company name you proposed exists or not. If you are fortunate, you will get your first choice otherwise they will check all the alternative names. 

We were lucky enough to get our first company name choice “Addis Software PLC” I love this name more than anything now.  

 And Include your approved name in your Article of Memorandum and Article of Association and print three copies. Also print copies of each shareholder ID (Government ID, Drivers License, Yellow Card, Passport… )

Step 4: Get your Article of Memorandum and Article of Association approved (የመመስረቻና የመተዳደሪያ ጽሁፍ ማጽደቅ)

To do this you have to go to any Documents Authentication and Authorization Agency (የፌደራል የሰነዶች ማረጋገጫና ምዝገባ ኤጀንሲ) office that is close to you. The office is usually known by the name Wulina Masreja (ውልና ማስረጃ). The place is usually crowded, I suggest to go in the early morning to save time. 

Then, give your Article of Memorandum and Article of Association to one officer, after carefully reading it they will ask you to sign the papers in front of them.

In this case, all members of the PLC must be present physically because each share-holder will sign on each page of the ‘Article of Memorandum and Article of Association’ (የመተዳደሪያ እና የመመስረቻ ጽሁፍ/ሰነድ). 

Step 5: Office Rent Agreement (የቤት/የቢሮ ኪራይ ውል)

Find an office for rent and get approval for your contract at Documents Authentication and Authorization Agency or “wulina masreja” by signing a contract with the landlord. Every document that is signed between two or more parties gets its legality at this office. You may keep coming back here oftentimes 🙂

Step 6: TIN Registration (ቲን ምዝገባ)

In addition, you have to go to a new office called ERCA (Ethiopian Revenues and Customs Authority or ገቢዎች ቢሮ) near your office to get your company’s TIN Number.

TIN is an acronym for Taxpayers Identification Number and it is usually a 10 digit number assigned to a tax-paying business and other entities for identification, reporting, and record-keeping purposes. 

You will get your TIN very quickly from ERCA. 

Step 7: Business Registration (የንግድ ምዝገባ)

Registering your business means simply putting your company’s information such as your business name or your TIN in the government’s files.

After completing the above steps you will return to your sub city office of trade and Industry, They will require previous documents such as office rent agreement, copies of ID’s of shareholders and General Managers photograph. They will give your Business Registration Certificate with few minutes. 

Step 8: Competency Certificate (የሙያ ብቃት ማረጋገጫ ሰርተፊኬት) | IT sector for Addis Software

Having a Business Registration certificate does not mean you are now able to start your business, you will also need to have a business license depending on the type of business you want to start. To get a business license you will need to have a competence certificate first

For instance Since our Company is in the IT sector, we were asked to bring a Competency certificate from the Ministry of Information and Communication located inside the Global Hotel. in other words this step differs from business to business.

Step 9: Business License (ንግድ ፍቃድ).

Finally! A Business License gives you the right to run a business. You will also get this from your sub-city office of Trade and Industry. The General Manager must be present physically and sign to get the license.

Easy right?! after that you can start running your business. There are multiple steps and rules to follow. On the other hand It took three and a half-day for me and my partner to finish these processes. Consequently it wasn’t as difficult as we thought it would be. However you need to be first in line in the morning. Above all make multiple hard copies of all of your documents .

I will cover the rest important steps in Part 2 of the blog. 
also in collaboration with our Swedish partner Sweetopia