How To Start A Business in Djibouti
How to Start a Business in Djibouti - Step by Step Guidelines
Djibouti offers a relatively streamlined process for business registration, especially with the establishment of the one-stop-shop Guichet Unique. Both locals and foreign investors can benefit from simplified procedures and government incentives.
Step-by-Step Procedure for Locals
- Choose a Legal Structure:
Decide on the type of business entity (e.g., Sole Proprietorship, SARL, SA). The most common is the SARL (Limited Liability Company).
- Reserve a Business Name:
Reserve a unique name for your company at the Guichet Unique (One-Stop-Shop).
Time: 1–2 days
- Prepare and Notarize Statutes:
Draft the Articles of Association and have them notarized by a registered notary.
- Deposit Share Capital (if required):
Deposit the minimum share capital in a local bank account under the company’s name. The bank issues a certificate of deposit.
Minimum Capital for SARL: DJF 1,000,000 (approx.)
- Register the Company at Guichet Unique:
Submit the notarized statutes, proof of address, and capital deposit certificate to register your company.
Fees: Around DJF 100,000–150,000
- Obtain Tax Identification Number (NIF):
Issued by the Directorate General of Taxes upon registration.
- Register with CNSS (Social Security):
Register employees with the Caisse Nationale de Sécurité Sociale (CNSS).
- Obtain Municipal Business License:
Apply for an operating license from the local municipality to begin your business activities.
Additional Steps for Foreign Investors
- Register Investment with ANPI Djibouti:
Foreign investors should submit their project to the Agence Nationale de Promotion des Investissements (ANPI) to access incentives and investment guarantees.
- Apply for Work/Residence Permits:
Required for foreign investors and staff through the Ministry of Interior.
- Open Foreign Exchange Bank Account:
For ease in transferring capital and managing international transactions.
Useful Resources
Disclaimer: The information provided above is intended for general guidance and may not reflect recent regulatory changes. Please consult official sources or legal professionals for up-to-date and personalized advice before proceeding with business registration in Djibouti.