Reference: Article 12 of Ethiopian Investment Incentive Regulation number 517/2022
New investor or the one expanding existing investment can import capital goods and construction materials necessary for the establishment of a new investment or the expansion duty free.
For the implementation purpose of such incentive, the investor shall submit the list of capital goods and approved bill of quantities of construction materials be used for the investment and get approval of same from the appropriate organ.
If an investor entitled to such a duty free incentive, can buys capital goods or construction materials from local manufacturing industries and he shall be refunded with the import tax paid for the raw materials or components used as inputs for the production of such goods.
An investor eligible to a duty free incentive shall be allowed to import spare parts not greater than 15% of the total value of the capital goods within five years from the date he becomes eligible for the incentives or from the date the business license is issued as the case may be.