Legal framework and incentives
- Law as related to investment (and various application decrees) granting various incentives
Investment for what follows :- Industry and services under local or exporting regime (see here after)
- Agriculture and seafish development
- Regional development (see here after)
- Sustainable development and pollution fight
- Priority sectors ; National interest projetcs ; Employment ability
- Exporting regime incentives :
- Off-shore change regime when share capital is held by non-residents for a min. of 66%
- Corporate income tax on export profits at the rate of 10% .
- The perceived dividends are subject to withholding tax of 10%
- Free detention by foreigners of 100% of capital (excepted very few activities)
- No prior approval requested (excepted very few activities)
- Exemption of the customs duties and the VAT, whatever the country of origin of the goods and materials imported
- Free importation of the used machines and equipments
- Purchase of local goods, services and utilities in exemption of VAT
- Assignment of a personal customs officer to the factory (thus accelerating import/export formalities)
- Free management of bank accounts in hard currencies (EURO, USD $), in Tunisia or abroad
- Guaranteed rpatriation of the capital and the incomes
- Advantageous interest rate on financial investments (exempted from withholding tax)
- Possibility to sell on local market up to 30% of preceding year revenues
- Incentives for foreign General mManagerss and directors
- No need for residence permit to manage the company (stay less than 3 months)
- Exemption of the work permit for the foreign general manager and for a certain number of foreign managers
- Free management of personal bank accounts in foreign currencies
- Duty free importation of personal cars by expatriates
- Free rental of apartment or villa
- Incentives for regional development regime (for non- coastal zones)
- Granting by the State of investment subsidies: from 15% or 30%
- Corporate income tax at a rate of 0% or 10%.
- The State takes in charge part of the infrastructure works
- Exemption of the contributions of the employer to social security (CNSS) for a certain number of years
- Subsidies granted by the State and other advantages
