Business Mortgage Proclamation
Council of Ministers/trade and industry, Ethiopia
The business mortgage proclamation of 1998 specifies that To mortgage a business, the business must be registered and given a business license by the appropriate Federal or Regional authority. The proclamation sets out procedures for keeping a register, application for registration, selling of business mortgage by auction, as well as other miscellaneous provisions.
Process Flow
Business Mortgage Proclamation Current Version
January 2022
The business mortgage proclamation of 1998 specifies that To mortgage a business, the business must be registered and given a business license by the appropriate Federal or Regional authority. The proclamation sets out procedures for keeping a register, application for registration, selling of business mortgage by auction, as well as other miscellaneous provisions.
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