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The Ethiopian Ministry of Finance honored 200 loyal companies and the largest taxpayers for Ethiopia’s budget year ending on July 7, 2020.
The second round of the Federal Taxpayer Recognition Ceremony was held on Thursday evening in the presence of Prime Minister Abiy Ahmed. Companies, which receive trophies for properly managing their balance sheets and paying taxes fairly, include state-owned companies such as Ethio Telecom and Commercial Banks of Ethiopia.
Ethio Telecom is honored to become the country’s top taxpayer paying close to 21.6 billion birr, followed by the Commercial Bank of Ethiopia, which also contributed around 8.9 billion birr to the country last year. . The Unity Park program recognizes the top 200 registered companies that have maintained transparent conduct and paid their taxes in a timely manner.
“The awards, given to entrepreneurs who have complied with laws and regulations, aim to encourage the entire business community to follow the example of complying with the law and doing what is best for their country,” according to the publication on the networks social. from the Prime Minister’s Office.
Top Ten Taxpayers in Ethiopia
After Ethio Telecom and Commercial Bank of Ethiopia, the top ten companies that generated a large amount of tax to Ethiopia last year are:
– 3rd Salini Empregelo about 4.7 billion birr of,
– Ethiopia’s 4th oil supply company, about 2.8 billion Birr,
– 5th Heineken Breweries Ethiopia Limited closes 2.4 billion Birr,
– 6th BGI Ethiopia about 2.33 billion Birr,
– 7th Sur Construction about 2.32 billion Birr,
– 8th Dangote Cement Ethiopia about 2.04 billion Birr,
– Ninth MOENCO Ethiopia 1.84 billion Birr,
– Tenth East African Bottling Company (Coca Cola) 1.63 billion Birr.
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