| Benslama Law Firm : INVEST IN TUNISIA >> |
Facilités et Garanties Accordées aux Investisseurs Etrangers
. Freedom of foreign capital transfer of benefits and products relative to cessation of invested assets including value added: law 93-48 regarding current convertibility of Tunisian dinar
. Bilateral agreements of investment protection concluded with partner countries of Tunisia: Germany, Belgium, Italy, Spain, France, Netherlands, Portugal, GB, Sweden, Switzerland, Turkey, South Korea, Indonesia,USA, Arab countries. .
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> Bilateral agreements of non double taxation signed with: Germany, Austria, Belgium, Canada, South Korea, Denmark, Egypt, Spain, France, Indonesia, Italy, Jordan, Norwegian, Sweden,GB, USA, countries of Magreb region.
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Accession ofTunisia to New York Convention of 10/6/1958 insuring the recognition and execution of foreign arbitration sentences. .
. Promulgation in April 1993 of an Arbitration Code authorising Tunisian administration to use arbitration procedure and guaranteeing the implementation of arbitration sentences issued from any country in any language.
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Adhesion ofTunisia to MIGA Multilateral Investment Guarantee Agency for covering non commercial risks.
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. Adhesion ofTunisia to World Trade Organisation.
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EuroMediterranean Association agreements signed with the European Union in 1995.
. Tunisia offers to foreign investors a favourable legal framework since the promulgation of the Code of Investment Promotion. Investors beneficiate of a flexible tax system as follow:
 Tax exemption on companies for 10 years.
Exemption of employer social security contributions.
50% relief on taxable income starting from the 11th year and for an unlimited period.
Exemption of registration fees.
Total franchise of dues and taxes for equipment goods including transportation merchandise materials.
Foreign participation in industrial companies and of services is free, except in some sectors whereby it is liable to authorisation in case it exceeds 50%.
Benslama Law Firm will be in charge of all the necessary formalities and steps for the creation of your company. Indeed, a company could be created within 3 business days.
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