Djibouti

Ease of Doing Business in

Djibouti

This page shows summary Doing Business 2012 data for Djibouti. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Middle East & North Africa
Income Category Lower middle income
Population 879,053
GNI Per Capita (US$) 1,383.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
170 167 down -3
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 179 177 up -2
Dealing with Construction Permits 142 137 up -5
Getting Electricity 143 140 up -3
Registering Property 148 144 up -4
Getting Credit 177 177 No change
Protecting Investors 179 179 No change
Paying Taxes 70 66 up -4
Trading Across Borders 37 37 No change
Enforcing Contracts 160 160 No change
Resolving Insolvency 141 143 up 2

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 179 DB 2011 Rank 177 Change in Rank down-2
Indicator Djibouti Middle East & North Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
11 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
37 20 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
169.8 35.0 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
434.0 86.7 14.1
No. Procedure Time to Complete Associated Costs
1 Deposit the initial capital at the bank and obtain a receipt 2 days no charge
2 Verify the uniqueness of the company name 5 days no charge
3 Notarize company statutes 3 days DJF 100000
4 Obtain criminal record of managers 2 days DJF 500F stamp duties per page (depending on number of records)
5 Register statutes with the Direction des Impôts 2-5 days 5% of capital + DJF 500 per page stamp duties (x16 or 17 pages).
6 Publish notice in La Nation 7 days DJF 20,000 to 40,000 depending on the length
7 File documents with the Commercial Registry at the Greffe du Tribunal 8 days DJF 32,800 registration fees (l’immatriculation)
8 Register for taxes and obtain professional license (patente) 2 days DJF 100,000 to 300,000.
9 Create a company seal, letterhead and books 3 days DJF 2000 - 3000 (for seal and letterhead) + DJF 5000 - 7000 (books)
10 Obtain signature of the President of the Court on the company books 2 days no charge
* 11 Register employees with Organisation de Protection Sociale (OPS) 1-2 days (simultaneous with previous procedure) no charge
* Takes place simultaneously with another procedure.

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