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To
avoid bureaucratic red tapes and to aid investors to deal with
their issues with specific government organ, the office has
taken several measures mainly to implement a ONE-STOP-SHOP
approach.
This system guarantees and enables the office to issue
investment permit, manage cases associated with commercial
registration and operating licenses for domestic investors in
evidencing a substantial improvement in line with service
delivery.
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Application
for investment permit by a domestic investor is made in a form
designed for such purpose and submitted together with the
following items:
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- Where
the application is signed by an agent, a photocopy of his
power of attorney;
- Where
the investment made by an individual person, a photocopy
of his identity card, or a photocopy of certificate
evidencing his status as a domestic investor and his
recent two passport size photographs;
- Where
the investment is made by a business organization.
Photocopies of its memorandum of association and articles
of association; or where the business organization is to
be nearly established, in addition, photocopies of the
share holders identity cards of photocopies of
certificates evidencing their status as domestic
investors.
- Where
the investment is made by a public enterprise, a photocopy
of the regulation of its establishment or a photocopy of
its memorandum of association or articles of association;
and
- Where
the investment is to be made by a cooperative society, a
photo copy of its Articles of association
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Source Oromiya Investment Office
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