For several years, the Tunisian policy has been inviting foreign investors to develop their activity in the territory, mainly in the field of import and export.

In this sense, the Tunisian Government offers to foreign entrepreneurs important tax and customs incentives and promotes the incorporation of companies by facilitating the administrative procedures.

In recent years, the Tunisian government has carried out the necessary structural reforms to improve the country's business climate, including an improved bankruptcy law, an investment code and a law authorizing the incorporation of public and private companies.

Forming a SARL company in Tunisia

A company can be formed with a minimum of 2 shareholders. With the advantage that one of the shareholders can also be a director of the company.  The minimum capital required is about 1000 dinars to be paid in full at the time of incorporation of an SARL.

Another advantage offered by this jurisdiction is that companies can be managed from another country. With the advantage that all official meetings of shareholders and managers can be held abroad.

Regarding taxation, the law of promotion to the investment in Tunisia better known as the Code of Promotion of the Investment, of the year 1994, offers to the businessmen a set of services and attractive fiscal advantages. This new law allows the opening of Tunisia to the foreign market.

Any company created in Tunisia pays a tax or profit tax of 25%.

Legal changes to open the Tunisian market to foreign investment have improved the country's position in the World Bank's ranking. Thus, Tunisia moved up two places in the World Bank's Doing Business 2020 report, where it now ranks 78th (out of 190 countries).

However, there are still major bureaucratic barriers to investment.

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