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Federal Micro and Small Enterprises Development Agency Establishment Council of Ministers Regulation
.Page 5766
1 7 th
Year No. 24
ADDIS ABABA 23rd March 2011
CONTENTS
Regulation No. 201/2011
COUNCIL OF MINISTERS REGULATION No. 201/2011
COUNCIL OF MINISTERS REGULATION TO PROVIDE FOR THE ESTABLISHMENT OF FEDERAL MICRO AND SMALL ENTERPRISES DEVELOPMENT AGENCY This Regulation is issued by the Council of Ministers in Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No.
Short Title
This Regulation may be cited as the " Federal Micro and Small Enterprises Development Agency Establishment Council of Ministers Regulation No. 201/2011 ".
Definitions
In this Regulation, unless the context otherwise requires:
* The African Law Archive *
" micro enterprise " means an enterprise having a total capital, excluding building, not exceeding Birr 50,000 in the case of service sector or not exceeding Birr 100,000 in the case of industrial sector and engages 5 workers including the owner, his family members and other employees ;
“ small enterprise ” means an enterprise having a total capital, excluding building, from Birr 50,001 to Birr 500,000 in the case of service sector or Birr 100,001 to Birr 1,500,000 in the case of industrial sector and engages from 6 to 30 workers including the his family members and other employees ;
owner ,
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