Tax
From The Report: Djibouti 2018
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In conjunction with HLB Djibouti, this chapter explores the taxation system and Djibouti’s efforts to build an investor-friendly environment. It also contains a viewpoint with Ramiss Houmed, Managing Director and Owner, HLB Djibouti.

Articles from this Chapter

Overview

Transition time: A comprehensive guide to the country’s tax laws
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Djibouti’s GDP growth has exceeded 5% in recent years, rising to an estimated 6.8% in 2017, and projected to reach 6.9% in 2018 and 2019. This is driven by continued investment in infrastructure, especially ports, in order to facilitate the transit of goods to and from Ethiopia. The government’s long-term goal is to establish Djibouti as an emerging country by 2035, while short-term goals include accelerating growth and increasing employment. Challenges remain, however, with regard to…

Viewpoint

Sweeping transformation: Ramiss Houmed, Managing Director and Owner, HLB Djibouti, on the overhaul of the sector’s regulatory framework
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Viewpoint:Ramiss Houmed Looking at the multitude of reforms under way to transform the business environment and the arrival of investments, particularly for ports and transport infrastructure, it is clear that Djibouti is experiencing an economic transition. This transformation is part of a desire to positively and quickly impact growth, a process that is already quite advanced. Coupled with its strategic geographical location, Djibouti has succeeded in stimulating renewed interest from foreign…