Investment Opportunities

The existing legal framework covers all aspects of investments.

Company Legislation and Regulation

The Commercial Companies Code (CSC) scheme applies to all commercial companies regardless of their legal form.

International companies setting up a business in Tunisia benefit from a framework, the principal provisions of which relate to company formation and registration, publicity and merger, transformation and groupings.

The Commercial Companies Code sets forth the following requirements :

• The company's registration with the commercial registry and the disclosure of their constituent acts
• Formalities dealing with the appointment of executive staff of the company, transfer of head office address, liquidation, etc…

In addition to the common regulations for all companies, the CSC deals with rules specific to each type of company.

Forms of Business Enterprises

• Partnerships ( general and limited partnerships )
• Joint ventures
• Limited Liability company (SARL). When the limited liability Company has a capital of 20.000 TD, it is required to appoint an auditor for three years.
• The unipersonal company with limited responsibility (SUARL). When the capital is 20.000 TD and over, an auditor is also required.
• The limited company (SA). SA is also required to appoint an auditor.
• Limited partnership with share capitals
• Economic Interest Group

The Economic Interest Group can be created for a duration determined by two or several persons or entities.

The activity of the group must be linked to the economic activity of its members.