Three forms of company can be formed in Tunisia according to your needs and those of your company. The most common is the Limited Liability Company SARL, the Sole Proprietorship with Limited Liability SUARL and the Joint Stock Company SA.

For these company formations to be successful, you should know that due to the type of community, it is in your best interest to maintain and take care of personal relationships with your interlocutors. Be patient with the deadlines, in Tunisia the deadlines may seem long and the public sector is a very bureaucratic system.

Tunisia's main strengths are its proximity to Europe, Sub-Saharan Africa and the Middle East, free trade agreements with the EU and most of Africa, coupled with a well-educated workforce.

Tunisia has free zones known as Economic Activity Parks in Bizerte and Zarzis where companies are exempt from taxes and duties, as well as benefiting from unlimited foreign exchange transactions.

How to form an offshore company in Tunisia?

If it is a limited liability company SARL the minimum share capital of 1000 dinars is sufficient to create the company, the legal regulations that will govern the company will be the legal system of Muslim Law and Civil Law.

As for the number of directors, one person and 02 persons are required as shareholders who will be kept anonymous and with total confidentiality. Accounting requirements Accounting requirements obligation to keep accounts and to submit annual reports Bearer shares authorized and no exchange control is foreseen for non-residents.

Corporate income tax in Tunisia is applied at a standard corporate rate of 15% from 2021 (previously 25%).

All Tunisian companies must register for VAT and corporate income tax with the Tunisian tax authority during registration procedures. However, limited liability companies are not required to appoint a statutory auditor, provided that the total assets of the company are less than US$55,000.

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