Article 580 — Disclosure at Registration

Without prejudice to the disclosure requirements imposed by other laws, the following information shall be provided at the time of registration of a branch in the commercial register. 1/ the type of business activity in which the branch is to engage; 2/ the law of the foreign state by which the sole proprietorship, business organization or similar entity that owns the branch is governed; 3/ the register in which the sole proprietorship, business organization or similar entity that owns the branch is entered into and the registration number; 4/ the name and legal form of the sole proprietorship, business organization or similar entity that owns the branch; 5/ Preventive restructuring, reorganization, bankruptcy proceedings or any analogous proceedings to which the sole proprietorship, business organization or similar entity that owns the branch is subject; 6/ The accounting documents of the sole proprietorship, business organization or similar entity that owns the branch as drawn up, audited and disclosed pursuant to the foreign law of the State by which it is governed, and 7/ A copy of the certificate of incorporation or establishment of the sole proprietorship, business organization or similar entity, memorandum, Articles of association, or documents that substitute these in the foreign country of the firm’s establishment. These documents must also be translated either into English or Amharic.