Investor Guide

SPECIFICATIONS

FEATURES

TITLE

DETAILS

Area By square metre Lease Term- One year renewable annually (with a three month notice period)
Size 26 m² Payment Terms- Annually in advance
Rent 7800 USD per year Maintenance- Common areas (corridor, toilet facilities, pantries) are undertaken by DFZ
Utilities Electricity, Water and air-conditioning charges not included in the rental fees Access- 24 Hours
Electricity rate 0.28USD per Kwh Parking- Parking facilities are provided
Service Charge Common areas 148USD per Month Pantry/Toilet Facilities- Common facilities available for clients leasing space in these buildings
    Telecommunications- Telephone, fax and high speed internet ADSL available. To be installed and paid for by the tenant.

2) Warehouse / LIU

SPECIFICATIONS

FEATURES

TITLE

510 m²

614 m²

1,340 m²

Storage Area of Unit 460 m² 558 m² 1,116 m² Electricity- The warehouse/LIU unit has a standard electrical capacity of 35 KVA.
Area of Office/ Reception 50 m² 56 m² 224 m² Payment Terms- Annually in advance
Unit Height 7.5m at the ridge to 6m at the valley 9m at the ridge to 7.5m at the valley 9m at the ridge to 7.5m at the valley Maintenance- Tenants responsible for general cleaning and maintenance of the units (structural maintenance excluded)
Insurance (Building Only). Tenant has to insure its goods. 30,600 USD$ per year , based on specification and location 36,840 USD per year,  based on specification and location 80,400 USD per year,  based on specification and location Storage- No storage outside the building is permitted
Electricity rate 0.28USD per Kwh     Parking- Ample space available in front or close to each LIU, offering covered parking for two cars
Water rate 1.41USD per m³      
Garbage disposal 85USD per month      

- 3) Land

 

SPECIFICATIONS

FEATURES

TITLE

DETAILS

Area of plots Min 2000 m² / Max 15,000 m² Utilities- The client is required to apply directly to the Djibouti Electricity and Water Authorities (EDD & ONED) for connection
Rental Rate 9 USD par m2 Payment Terms- Annually in advance.
Electricity rate 0.28USD per Kwh  
Water rate 1.41USD per m³  

 

4) Licences

 

Jafza Licence Types

Benefits

Annual Fees / Rate

General Trading*Trading*

Logistics

Industrial*

Service

National Industrial**

Allows the holder to import, export, re-export, distribute and store all items as per DPFZA rules and regulations (certain items are excluded)Allows the holder to import, export, distribute and store specific and related items

Allows the holder to import, export and store third party goods.

Allows the holder to import raw materials, carry out the manufacturing process of specified products and export the finished products to any country

Allows the holder to carry out the services specified in the license within the Free Zone

Issued to companies established within a Free Zone or registered either within or outside Djibouti. The share capital of the company must at least 51% Djiboutian.

 

4000USD

 

 

1500USD

 

4000USD

 

1500USD

 

 

1500USD

 

 

1500USD

5) Registration Procedures

 

BRANCH COMPANY

Company Requirements

List of Legal Documents Required

Branch company applications are available for any country having a valid registration and license outside of Djibouti, as well as a branch of a local company.Although no initial is required, a one-time registration fee of
  1. Certificate of Registration of the company or Original Certificate of Good Standing of the company, notarized by a notary and attested by Djibouti Consulate.
  2. Memorandum and Article of Association of the company notarized by a notary and attested by Djibouti Consulate.
  3. A company’s Board Resolution calling for the establishment of a branch in Djibouti Free Zone and guaranteeing full financial commitment and appointment of the following, notarized by a notary and attested by Djibouti Consulate.

a)      Appointed Manager / Legal Representative

b)      Appointed Negotiator / Legal Representative

c)      Power of Attorney for Manger.

4.   Passport copies and specimen of Manager / Negotiator


Free Zone Establishment - FZE

Company Requirements

List of Legal Documents Required

This type of company can be formed only by one shareholder, either Individual (a person) or a Non-Individual (a company)The initial capital to form a Free Zone Establishment (FZE) is 140 000$.

The value of each share is 140 000$.

A one-time registration fee of 2 700$ is applicable.

A. Individual Applicant1. a. Applicant personal profile (e.g.business background)

b. Specimen of applicant signature (attested DFZ) + passport copy

c. The original banker’s reference

2. a. Owner declaration notarized by a notary and attested by Djibouti Consulate and appointment of the following:

b. Negotiator or Legal Representative + Power Attorney

c. Manager and specimen of signature + passport copy

d. Directors and specimen of signature + passport copy

e. Secretary and specimen of signature + passport copy

B. Non Individual Applicant

1. a. Certificate of Registration of the company, or Original Certificate of Good Standing of the company notarized by a notary and attested by Djibouti Consulate

b.Memorandum and Article of Association notarized by a notary and attested by Djibouti Consulate

2. Board Resolution calling for the establishment of a FZE notarized by a notary and attested by Djibouti Consulate and appointment of the following:

a. Appointment of the Negotiator or Legal Representative + Power of attorney

c. Manager and specimen of signature + passport copy

d. Director and specimen of signature + passport copy

e. Secretary and specimen of signature + passport copy

Note:1. Documents have to be notarized by a Notary and attested Djibouti Consulate.

Free Zone Company - FZCO

Company Requirements

List of Legal Documents Required

This type of company can be formed by a minimum of two and a maximum of five founders. The founders can be Individuals (people), Non-Individual (companies) or a combination of individuals and companies.The initial capital to form a Free Zone Company (FZCO) is 70,000 USD.

A one-time registration fee of 4 000 USD is applicable.

A. Individual Applicant1 a. Applicant personal profile (e.g.business background)

b. Specimen of applicant signature (attested by DFZ) + passport copy

c. The original banker’s reference

2. Board Resolution notarized by a notary and attested by Djibouti Consulate and appointment of the following:

a. Negotiator or Legal Representative + Power of Attorney

b. Manager and specimen of signature + passport copy

c. Directors and specimen of signature + passport copy

d. Secretary and specimen of signature + passport copy

B. Non Individual Applicant

1 a. Certificate of  Registration of the company or Original Certificate of Good Standing of the company notarized by a notary and attested by Djibouti Consulate

b. Memorandum and Article of Association notarized by a notary and attested by Djibouti Consulate

2. Board Resolution calling for the establishment of a FZE / FZCO and appointment of the following, notarized by a notary and attested by Djibouti Consulate:

a. Appointment of the Negotiator or Legal Representative + Power of attorney

c. Manager and specimen of signature + passport copy

d. Director and specimen of signature + passport copy

e. Secretary and specimen of signature + passport copy

Note:1. Documents have to be notarized by a Notary and attested Djibouti Consulate.