Djibouti Geography, Economics, and Culture

Located in the Horn of Africa in East Africa, Djibouti is bordered by Somalia, Ethiopia, Eritrea in the north, and the Red Sea. It serves as a gateway to the Suez Canal, one of the world’s busiest shipping routes. Its role in worldwide shipping is its biggest source of income and employment. It is also where many world powers establish military bases due to its strategic location near many political hotspots.

Djibouti is a multi-ethnic nation with a population of just under 1 million people. French and Arabic are the country’s two official languages the vast majority of its residents subscribe to Islam, which has been predominant in the region for more than a thousand years. The (Issa clan) and Afar make up the two largest ethnic groups

2021
March 11Isra and Miraj
May 1Labor Day / May Day
May 13Eid al-Fitr
May 14Eid al-Fitr Holiday
June 27Independence Day
June 28Independence Day Holiday
July 19Arafat Day
July 20Eid al-Adha
July 21Eid al-Adha Holiday
August 10Muharram
October 19Milad un Nabi (Mawlid)
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: N/A
  • Income Tax (Lowest Marginal Rate): N/A
  • Income Tax (Highest Marginal Rate): N/A
  • VAT/GST/Sales Tax: N/A
  • Bank of Deposit and Credit Djibouti
  • Bank of Africa Red Sea
  • Bank for Trade and Industry Red Sea
  • Commercial Bank of Djibouti
  • Cooperative & Agricultural Credit Bank International
  • Exim Bank of Djibouti
  • International Investment Bank
  • Silk Road International Bank
  • East Africa Bank (Djibouti)
  • Saba African Bank
  • Salaam African Bank

Aadmi can support you with your expansion to Djibouti. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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