The Republic of Djibouti, located in the Horn of Africa (between Somalia and Ethiopia), is one of the most important ports in Africa. It also has an international airport and a free economic zone, so opening a business in Djibouti opens up many opportunities.

Djibouti has some of the friendliest business rules. Please note that you can set up a company in Djibouti regardless of where you live. It takes no more than 2-3 weeks to register a company in Djibouti and open a bank account in Djibouti.

LEGAL FORMS

Those wishing to start a business in Djibouti can choose one of the following legal forms:

• Sole proprietorship limited liability company (EURL);
• Limited Liability Company (LLC);
• Joint Stock Company (SA);
• Branch.

Please note that most investors choose to set up an LLC, EURL, or subsidiary in Djibouti.

If you decide to register a company in Djibouti or open a bank account in Djibouti, it is best to do so in the Free Zone (DFZ), which has been in effect since October 2004.

Please note that the free zone is not just a regional logistics, trade, and marketing center; it also has close ties with the countries of Eastern Europe.

The procedure for opening a company in Djibouti remotely is very simple and convenient. Thanks to this, you can get a business license in Djibouti in just 1 day. Please note that non-residents are required to obtain a license if their activity is not included in the list of exemptions from the tax code. In addition, individuals or legal entities involved in import operations must obtain an import license in Djibouti.

If you intend to start a business in the Djibouti Free Zone by opening a branch or registering a new company (FZE / FZC), you need to:

Fill in the form;

• Get your project approved;
• Submit the required documentation for remote company registration in Djibouti.

REGISTRATION REQUIREMENTS

If you want to set up a company in Djibouti, you will need to meet the following requirements:

• The presence of at least 1 and no more than 100 shareholders;
• The founders can be both individuals and legal entities;
• Having an initial capital of USD 6,000 (for EURL and LLC) or USD 70,000 (for a company in a free zone);
• Payment of a one-time registration fee of USD 4,000.

Those interested in starting a company in Djibouti should remember that foreign investors in Djibouti are not required to have a local partner. The list of required legal documents is standard.

Company registration in Djibouti

The development of telecommunications and economic globalization has allowed interested investors to create companies around the world. With the proper research, investment, and legal support, businesses can be safely established in almost every country in the world. Whereas in the past setting up an international company was a daunting task, now it has become commonplace with the help of experienced legal and economic consultants.

The benefits of starting a company in a foreign country are as numerous as they are visible. Many countries offer specific advantages based on location, ranging from natural resources and developed infrastructure to favorable laws and regulations that drive industry-specific growth. Likewise, it can be hard to set up a business or acquisition in your home country due to adverse situations: political or regulatory environment, lack of resources, etc. In this situation, it is useful to consider an option abroad that offers great opportunities for growth, development, and success.

Legal documents

Each country in the world presents its own set of complex challenges in informing, developing, and sustaining a business. Owners, financiers, and investors must enter into these commitments with the support of a knowledgeable and experienced team of lawyers. Only someone with a thorough knowledge of local and international corporate law will be able to start a business abroad, avoiding the pitfalls that many start-up companies face.

In addition, experienced business people may consider investing in an overseas business without actually starting their own companies. In these situations, it is still beneficial for the investor to team up with knowledgeable global economics and litigation advisor. International investment creates a truly diverse portfolio that offers growth opportunities that were unthinkable just a few decades ago.

Potential investors, venture capitalists, and entrepreneurs should consider the existing infrastructure in Djibouti when planning to launch a new business. While substantial infrastructure and systems can help make the process of starting a business smoothly, they can also signal market saturation and diminishing potential for growth. On the other hand, lack of infrastructure is often a significant obstacle to increase; however, the lack of infrastructure indicates a clear opening of the market for creative and efficient new business.

Opening a bank account in Djibouti

In connection with the establishment of the company, it will be necessary to open one or more bank accounts in Djibouti. Confidus Solutions offers the ability to open a bank account in over twenty jurisdictions, making it easy to avoid complex language barriers or bureaucratic delays.

Djibouti virtual office

Since a registered address is required for international business, Confidus Solutions allows foreign investors to set up a virtual office in Djibouti. This address will allow international entrepreneurs to receive mail, arrange delivery and open a registered bank account in the country of their business.

Tax regulations

If you are exploring the possibility of starting a company in Djibouti, contact a lawyer or consultant with extensive experience in the field you are considering. This consultant can help you with everything from laws and tax structures to local support staff. You will need to consider all aspects, from the local office to higher organizational structures; be sure to bring in the best mentors to get you started on this fun but challenging process.