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.
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.
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.
The cost of registering a company depends on the type of company you want to set up in Tunisia
At least 7 shareholders are required to register a public company
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.
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