Djibouti Gazettes Law on 2025 State Budget

The Djiboutian Official Gazette Jan. 29 published Law No. 150/AN/24/9th L, on the 2025 State Budget. The law includes measures: 1) introducing a withholding tax of approximately 0.2 percent per telegraphic, mobile money, or transfer agent transaction, with exemptions for transfers below 1,000 Djiboutian francs (US$5.61) and domestic internal transfers; 2) exempting banking transactions from VAT, excluding banking commissions; 3) establishing stamp duties of 1,000 francs for birth certificates and bills of lading for imports by sea, and 15,000 francs (US$84) for passport issuances and renewals by Djiboutian citizens; 4) partially suspending taxes and royalty payments for temporary imports of ...