Part 1 What prompted me to write this blog is, it was complicated for me and my partner to find full information on how to start a company eight months ago when we were about to Start Addis Software, Read more . I have tried to put everything you need to know about starting a PLC in Addis Ababa. Let me first walk you through the two most popular types of business organizations in Ethiopia. Sole Proprietorship: Is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. Private Limited Company: To start this type of company a minimum number of two members are required and the liability of each member or shareholders is limited. It means that if a company faces loss under any circumstances then its shareholders are liable to sell their assets for payment. The personal, individual assets of the shareholders are not at risk. So what we first did was, we decided th...