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Structural division: BOOK TWO › party
Article 221 — Definition
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ A limited liability partnership is a business organization formed by two or more persons to render professional service and services complementary thereto in which the liability of partners is limited to the amount of their contributions.
2/ “Professional service” shall, in the context of this partnership, mean a service provided based on a professional license granted by an appropriate organ;
3/ “Complementary service” shall mean a related service that falls under one or more professions and is necessary to provide the professional service.