Service provided to the customers from the Investment Projects Monitoring and Support Directorate and the requirements to be met by the customers in advance:

A. The main services provided to the customers by the Directorate

Provide a letter of support to investors who have been engaged in the focused sectors of investment issuance of investment licenses in accordance with the terms of the agreement.

  • Provide a support for investors who are engaged in targeted sectors in accordance with their contracts for acquisition of the vehicle or capital goods used for the project as well as accessory and tax exemption in accordance with the rules and regulations.
  • When it meet the requirements and submitting a request for the transfer of customs duty (vehicle, construction or capital goods) to a person entitled to the same tax, provide a transfer letter of support based on the regulation and directive.
  • Provide a letter of support to investors who have the right to import foreign exchange incentives in accordance with the rules and regulations.
  • Provide a letter of support to investors requesting income tax relief when they meet the required requirements.

B. Prerequisites for providing services to customers

  • If your investment license has been issued in Sidama State, it will be processed by applicationand if your investment license has been issued from Hawassa city, you need to bring supporting letters from the office of Hawassa city Investment promotion.
  • Submit an application and fill out a form prepared by the Directorate
  • Procurement of vehicles, capital goods and accessories used for the project from abroad፡
  • Procurement Receipts
  • Bill of lading
  • Packing List
  • Trackway Bill
  • Forprocurement of vehicles, Diklarason Must be submitted with the above mentioned documents.
  • Foreprocurement of vehicles, capital goods and accessories must be submitted above mentioned documents with Sidama Regional State investment single window system.

c. If the capital goods are purchased domestically

• Submit a purchase contract document

• Submit a renewed business license certificate

• Submit a renewed trade registration certificate

 • Submit a renewed VAT registration certificate

• Submit a taxpayer registration certificate

• Submit a receipt for purchase

  • Receive the same services as required by Customs and Excise when I apply to transfer the same tax-exempt entries (vehicle, construction and capital goods) to a person entitled to customs duty-free.

• Provide a renewed investment license for both parties

 • Procurement contract document

 • If the Car outside of Sidama region However, in order to transfer goods to others, the seller must submit a letter of approval from the investment bureau, commission or office to which the seller has issued an investment license.

  • As expected above, the level of development of the investment-free investment requirement of the investor is high

Foreign investors who are encouraged to import services in accordance with the rules and regulations.

D. To provide the necessary services in accordance with the rules and regulations, When it apply to investors who do not have the right to import foreign currency incentives in accordance with the rules and regulations.

  • Depending on the nature of the goods, the relevant regulatory office must provide legal proof that the goods required to be paid in foreign currency must be approved before entering the country.
  • Notwithstanding the above, goods imported or imported directly from the domestic ports of the country are required to provide the necessary documents for the goods at the port of entry.

E. The investor for income tax relief service

  • Fill out the form by submitting an application to the Commission.
  • Submit a letter of support from the City Investment Office stating the type of product and the date and year of production.
  • Submit a renewed business license
  • Provide a title deed or legal lease agreement document
  • Provide VAT certificate
  • Tax Payment Identification Number
  • First 3 /Three/ Receipts Sold to local market and Z-Report