Address

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Office Address  


Office 1


Africa Avenue 

Dabi Complex

5th Floor

Telephone  +251 116 189 557,

Fax +251 116 632 826,

Pobox 1884

Addis Ababa

Ethiopia


Office 2


Telephone  +251 115 505 040

Fax +251 115 537 873

Pobox 1884

Addis Ababa

Ethiopia

Liquidations and de-registration Service

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We provide liquidation services for all entities – limited liability companies such as Share Companies, Private Limited Companies and Partnership Firms. We also assist in the preparation of board resolution, power of attorney, audit report, liquidator’s statement etc., which are mandatory documents required for liquidation in Ethiopia as per the Commercial Code of Ethiopia. 

 

Our services include: -

  • Taking appointment as a liquidator,
  • Administer the liquidation process,
  • Supervise asset disposals,
  • Calling creditors and conducting negotiation and settling balances due to them,  
  • Liaise with liquidation accountants,
  • Process third party liquidation costs,
  • Co-ordinating with various legal authorities and government departments such as the Ethiopian Revenue and Customs Authority, 
  • File de-registrations and other formal notifications,
  • Administer the complete documentation,
  • Preparation of statement of affairs and
  • Supervise the on-going and liquidation specific accounting requirements.

 

If a client decides to exit from the formalities of liquidation immediately, an alternative solution is to transfer wholly or partly the shares from liquidating company to a third party. Many investors prefer this solution since the liquidation proceedings are lengthy, time consuming and expensive. We can represent the selling company in dealing with the acquiring company on matters relating to share transfers. 

 
External Audit

Our audit approach assimilates rigorous standards of professional independence and objectivity, with a methodology that emphases on crucial risk areas and co-ordinates together our technical skill and practical knowledge commensurate with detailed knowledge of clients’ organization and the financial Read More

Internal Audit

We offer the entire range of audit and assurance services to meet clients’ business needs. We are registered auditors by the Office of the Federal Auditor General, the Association of Chartered Certified Accountants and Addis Ababa City Administration Trade and Industrial Development Bureau to carry out audits services Read More

Accounting & Business Advisory

By engaging in accounting work we provide service to clients enabling them to significantly reduce the administrative burden and exuberant financial costs incurred. This arrangement benefits our partners to concentrate on core risk areas of their businesses which Read More

Payroll Services

Outsourcing payroll processing offers phenomenal advantages to the corporate sector.  We offer comprehensive payroll services whether: -

  • The clients’ organizations have 1 or 1000 employees,
  • The Payroll is complex or simple and
  • The client has one or several branches/ offices. Read More