All foreign investors are required to register their enterprises in accordance with the Commercial Code of Ethiopia. They are supposed to register the name of the proposed company with the Ethiopian Investment Authority. Prospective investors are required to submit a draft memorandum and articles of association. After the above documents are examined by the Authority, the founders are required to appear in person or by proxy before the notary public at the high court and finalize the signing of the statutes of the company. Following the signing of the above documents, and after paying the publication fee to the Ministry of Information, the Authority will announce the formation of the company through the official Gazette. The Ethiopian Investment Authority will subsequently issue a certificate of incorporation evidencing the registration of the company.