Tax
From The Report: Djibouti 2016
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In conjunction with JC Colas-Groupe CHD, OBG explores the taxation system, examining Djibouti’s investor-friendly environment. This chapter contains a viewpoint from Felix Emok N’Dolo, Managing Director, JC Colas-Groupe CHD.

Articles from this Chapter

Overview

The bottom line: A comprehensive guide to the country’s tax laws
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Until 2009, Djibouti’s tax system was based on separate codes that dealt with direct and indirect taxation. In that year, however, value-added tax (VAT) was introduced, and these different codes were bundled in one single document, known as the General Tax Code (GTC). Unfortunately, due to changes to financial legislation, the GTC has not been updated since 2011. The bundling of different texts into a single code had several objectives, the most important of which was to facilitate access to applicable…

Viewpoint

Paying dues: Felix Emok N’Dolo, Director-General, JC Colas-Groupe CHD, on tax efficacy
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In June 2015 the Ministry of Economy and Finance, in partnership with the Chamber of Commerce of Djibouti, organised a conference entitled “The National Forum of the Tax System”. The presence of the highest authorities in the republic at the conference showed the great interest in and importance of this event. The objective of the conference was to analyse the tax system in Djibouti and propose solutions that would make it more efficacious. But why does the tax system need reforming? Frankly,…