Page 11 - Company profile & Strategic Plan (2025–2030)
P. 11
Elarm Trading Plc
economic resilience, and setting the standard for public-private enterprise excellence in
Ethiopia.
8. Implementation action Plan
Phase 1: Planning & Partnership Formation (Month 1–2)
Activities:
Identify and agree on partners (public entity and private investor)
Define ownership structure and capital contributions
Draft Memorandum of Understanding (MoU) between the parties
Conduct initial feasibility study (market, legal, financial)
Deliverables:
MoU signed
Clear business model and joint vision
Preliminary budget and resource plan
Phase 2: Company Formation & Legal Registration (Month 2–3)
Activities:
Draft Articles of Association and Memorandum of Association
Register company name and obtain business license from the Ministry of Trade and
Regional Integration (MoTRI)
Open corporate bank account
Register with:
o Ethiopian Investment Commission (if applicable)
o Ethiopian Revenues and Customs Authority (for TIN, VAT, etc.)
o Documents attested by a public notary
Deliverables:
Legally registered Plc
Business license obtained