Registering a company in Tunisia

If you are thinking of entering the field of business in the African continent, the Republic of Tunisia is an independent country in North Africa, on the coast of the Mediterranean Sea. Savannas and Atlas Mountains make up most of the country’s territory. Tunisia’s closest bordering countries are Algeria and Libya. The main sectors of the Tunisian economy are agriculture, tourism, oil production and textiles, there are also reduced tax rates (3%, 6%, 12%) for all consumer products.

Our services include full legal support for company registration, interaction with Tunisian government authorities, translation of documents into French and/or Arabic, and client consultation as part of the registration process, and providing a series of useful explanations to clarify starting a business in Tunisia.

The reasons for registering a company in Tunisia

The capital of Tunisia is unemployment, the time zone difference with Moscow is 2 hours.
Economically, it is a country bordering the Mediterranean Sea and located between Libya and Algeria.
Agriculture, mining, manufacturing and tourism are the main sectors behind its economic development.
The stable political conditions and the ease of doing business in Tunisia attract many foreign investors.
Tunisia company registration services; over the past several years, Tunisia has gradually shown itself to be a great place, a lot of foreign direct investment is being injected into the country and small steps are being taken towards the country’s development.
Tunisia sees an increase in foreign investors, however, most of these investors work in a small company, their business scale is based on SME models.

Company registration in Tunisia

Registering a company in Tunisia is one of the ways to immigrate to this country. The country of Tunisia is a safe and developed place for investors who intend to establish a business, people who intend to obtain residency in Tunisia can obtain residency in this country through a Tunisian work visa and also through a Tunisian study visa. But for people who intend to invest in this country, they can achieve this by registering a company in Tunisia. To register a company in Tunisia, it is necessary to familiarize yourself with the economic conditions and labor market of this country at the beginning, one of the most complex emerging markets belongs to Tunisia and it has a good rank in the world in terms of economy.

Ways to immigrate to Tunisia

work migration

Tourist immigration

Educationaz immigration

Registration of the company in Tunisia by the Iran and Africa Business Club

Types of companies in Tunisia

Limited liability company
Public joint stock company
The branch office of the listed company with limited liability

The features of forming a company in Tunisia

The company must have at least 2 shareholders.
Company shareholders can be of any nationality.
The shareholder of the company must be at least 18 years old.
The address of the registered office in Tunisia.
Appointing a statutory auditor (if the company’s total assets exceed $55,000)
The minimum paid-up capital for a non-commercial company is $500
Tunisian citizens must own at least 51% of the shares, and foreigners can own the other 49%.

Procedures and requirements for registering a company in Tunisia

The first stage of capital deposit: – The first and most important stage of company registration in Tunisia requires foreign investors to deposit capital into a bank account. The name of the account must be the name of the company that is going to be registered. This account will be a special type of bank account. When the business starts to operate, the special bank account can be converted into a regular account.
The second stage of company registration in Tunisia is the registration of the articles of association. This is done by the tax department at the Guichet Unique desk. The agency responsible for doing such work is “Industry Advancement”. The necessary condition for registration is ten copies of the original articles of association. Out of these ten copies, two copies will be provided by the tax affairs organization and six copies will be at the disposal of the company for future work.
The third step of registering the declaration: – The next step includes announcing the existence of the company in the tax control desk. Once again, the tax control desk is responsible for handling such tasks. The need for such a declaration includes the following.

The printed signature form of all the registered copies of the statutes
A copy of the nomination for all directors
A copy of the national ID card of the mentioned managers
If the manager is from another country, a copy of their passport will also be made
A copy of the lease agreement signed between the company and the owner of the place where the head office will operate
All copies of administrative licenses are required to start the business

Step 4 APII bank receipts of the company’s capital account: Every company that is going to be registered must provide several documents. To register a company in Tunisia, the following documents must be submitted to the Greffe du Tribunal.

Two copies of the registered statues
Two copies of the printed forms provided by the office to the depositors to complete and sign
The minutes of the meeting that introduce the organization’s managers
Documents that contain the address of the head office must have two copies of this
A copy of the national card or passport of the managers
Financial stamp
Two copies of national ID card as well as auditor’s professional birth certificate
Two copies of bank receipts for social security registration

The fifth stage of company registration in Tunisia includes registration in social security. This can be done through the country’s social security fund. Every company is expected to register in the national social security fund.
The sixth step is to submit a statement at the labor inspection: – The declaration that is made at the labor inspection is an important step to register the company in Tunisia. This particular step should be done by the company’s founders. They are expected to submit three copies of this declaration, dated and signed, to the labor inspectorate. This notice must include the following items.

Name of the company
The type of business they are going to be engaged in, the address of their office and headquarters, the name of the director of the company, this should include the age, nationality and address of the director
Social Security Affiliation number: Number and permanent positions available at the time of announcement
The name, age, nationality and skills of the employees
All general information of foreign workers working in the company

The seventh step of the company seal: Our information helps foreign investors to find the answer to how to register a company in Tunisia. Every company needs a company seal that contains the logo and name of the company. This should be done during company registration. It can be made by any third party sealer in or out of the country.

The economy of Tunisia

After decades of heavy government guidance and participation in the country’s economy, the Tunisian economy is becoming free. Prudent economic and fiscal planning has led to moderate but sustained growth for over a decade. Tunisia’s economic growth has historically depended on oil, phosphates, food crops, auto parts manufacturing, and tourism. According to the latest HDI report (for 2014), Tunisia is ranked 96th globally and 5th in Africa. The year 2015 was marked by terrorist attacks in Tunisia, which is likely to affect economic growth, especially in tourism, one of the main sectors.

Tunisia’s growing foreign debt and foreign exchange crisis in the mid-1980s prompted the government to implement a structural adjustment program to liberalize prices, reduce tariffs, and reorient Tunisia toward a market economy in 1986. Tunisia’s economic reform program was praised internationally as a model. Financial institutions, the government freed up prices, reduced tariffs, reduced the ratio of debt service to exports and the ratio of debt to GDP, and increased the average maturity of its external debt by $10 billion dollar.

Frequently asked questions about registering a company in Tunisia

How much does it cost to register a company in Tunisia?

The cost of registering a company depends on the type of company you want to set up in Tunisia

How many shareholders are needed to register a public company in Tunisia?

At least 7 shareholders are required to register a public company

Are you wondering how to register a limited liability company in Tunisia as a foreigner?

Tunisia is one of those African countries that has been under the radar for decades. Most people do not see this country as a place to do business. However, in recent times, the country has witnessed gradual changes and their economy is growing slowly. Despite all this, international companies and foreign investors are paying attention to Tunisia. They now see this African country as one of the best places to do business. But as in almost any country, doing business requires that the company first be registered in the country.

In conclusion

For more information, you can contact the legal unit of the Iran and Africa Business Club every day and consult with our experienced lawyers. You can also fill out our legal advice request form and through that our advisors will check all your conditions and contact you to tell you the necessary solutions

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