Djibouti is a country located in the Horn of Africa. It is bordered by Eritrea in the north, Ethiopia in the west and south, and Somalia in the southeast. The remainder of the border is formed by the Red Sea and the Gulf of Aden at the east. Djibouti occupies a total area of just 23,200 km2
Since 2004 Djibouti operates a free zone, where corporations are tax exempt and pay no social security contributions. This arrangement is guaranteed until 2054.
Currency: Djiboutian Franc
Corporate tax rate: 25% (0% in Freezone until 2054)
Personal tax rate: 2-30%
Capital gains tax: 5%
Tax residence: 183 days rule: world income is taxed with some exceptions.