Tunisia

We assist global clients looking to do  business in Tunisia with the A to Z of business setup without the need for the client to travel to Tunisia . Some of our services include:

Company / Branch registration

Tax registration and obtaining PIN

Regulatory licenses across all sectors

Personal and corporate bank account opening

Accounting and tax support services

Provision of nominee directors and shareholders

Recruitment and employee hiring

Virtual/Physical Office space solutions

Employment and residency visas

The most common corporate structures preferred by foreign investors setting up in Tunisia is the limited liability company (IBC)

Advantages and disadvantages of Tunisia business setup:

  • Tunisia has so far signed 77 double tax treaties with different jurisdictions including China, Germany, United Kingdom, and the USA among others hence profitable to investors.
  • A host of tax incentives to support businesses and the national economy.
  • Customs duties exemption for capital goods that have no locally-made counterparts.
  • Suspension of VAT on the importation of goods (which are not manufactured locally) for building projects and other investment transactions.
  • Tunisia provides a credit-worthiness that guarantees access to international capital markets.
  • The country is strategically and geographically located in the Mediterranean and ease of access to the European markets.
  • Tunisia offers a competitive education system and developed social system. It provides boost to the labor market thus a skilled labor force good for investment.
  • Full tax exemption on reinvested profits.
  • Tunisian property can be bought.
  • Weak growth. Growth is too weak to really weigh on unemployment.
  • Macroeconomic imbalances in public finance management and delays in the practical implementation of strategic reforms (fiscal reforms, civil service),
  • Large percentage of unemployment in the country in the labor market in context of growing budget and current account deficit.
  • Tunisia has weak growth in the market especially after the impact of coronavirus which has blocked all growth sectors except for the fishing, agriculture and non-market services
  • No complete ownership of the shares Trading companies may require joint venture with a Tunisian national resident holding 51% of the shares.
  • A resident director is required to be present for government dealings and to get a commercial card (carte de commercant). Girimba consulting will be willing to assist by acquiring the resident director.
  • Political instability. Majorly contributed to by terrorist attacks and frequent changes in government
  • Most of the industries are state owned by the government requiring another process of access to the resources

Important links:

Company incorporation steps in Tunisia:

  1. Choosing a company name: Girimba Consultants shall ensure the name is unique and complies with Tunisia regulations and shall reserve the name with the registration office.
  2. Prepare incorporation documents: We shall draft the Memorandum and Articles of Association and other documents and have the Client append their signatures.
  3. Submission of documents to the Ministry of trade: Girimba Consultants shall submit the incorporation documents to the Ministry of trade Tunisia.
  4. Certificate of Incorporation: The Certificate of Incorporation shall be Issued by the Tunisian Trade Registry.
  5. Trade Licenses and Permits: Our Team shall obtain the requisite industry specific licenses and permits for the company.
  6. Registration for Social Security: Girimba Consultants shall register the Company with the Tunisian Social Protection System for employee’s contributions and other agencies.
  7. Registration for Payroll Tax: Our Team will also register the Company with the Tunisian Tax Administration.
  8. Opening a bank account: Our Team shall help our Client open a Bank Account with a top tier bank in Tunisia.

    Seek specific business information:

    Let us know more about your business needs by completing the form below. Our team will get back to you within twenty four hours.

    All information provided to Girimba via this form remains confidential, Girimba shall not sell, share or transfer any details to any authority or third parties except as may be required by law. If you however prefer not to fill up the form, you are welcomed to contact us by email or phone directly.

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    Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.

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    Clarence S. Carlos

    Regional Cordinator

    Clarence is our regional cordinator and head of business setup secretariat.