After winning independence from Ethiopia in 1993, Eritrea established itself as a country in the Horn of Africa bordered by Sudan and Ethiopia. It has several ethnic groups with the Tigrinyas making up a majority of the population, and the Tigre the next highest. There are three official languages, namely Tigrinya, Arabic, and English, and its capital is Asmara.
As a highly militarized society, Eritrea requires mandatory military service with long conscriptions of undefined duration. Its modern history was as a colony of the Kingdom of Italy where it merged with Italian Somaliland and Ethiopia under the rule of Benito Mussolini in the early 20th century.
Its climate includes hot, coastal plains as well as sub-tropical rainforests. Its wildlife includes lions, leopards, elephants and crocodiles. One of its most recognized cultural attractions is the coffee ceremony where the beverage is offered in three brews or phases: the first brew is called awel, or ‘first’; the second is called kalaay or ‘second’; and the third is called bereka, which means ‘to be blessed’.
|March 8||Women’s Day|
|April 2||Good Friday|
|April 4||Easter Sunday|
|May 1||International Workers’ Day|
|May 13||Eid al-Fitr|
|May 24||Independence Day|
|June 20||Martyrs’ Day|
|July 20||Eid al-Adha|
|September 1||Commencement Day of Eritrean Armed Struggle|
|October 19||The Prophet’s Birthday|
|December 25||Christmas Day|
- Limited Liability
- Corporate Tax: N/A
- Income Tax (Lowest Marginal Rate): N/A
- Income Tax (Highest Marginal Rate): N/A
- VAT/GST/Sales Tax: N/A
- Bank of Eritrea
- Commercial Bank of Eritrea
- Eritrean Investment and Development Bank
- Housing and Commerce Bank
Aadmi can support you with your expansion to Eritrea. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns. Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.
Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.