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Attractive Regulation

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Freedom of Investment and Market Access

The investment law allows freedom of investment and grants open access to the Tunisian market. Hence, with the revision of economic activities requiring prior authorisation foreigners can freely invest in all sectors covered by the law and can own up to 100 % of the project’s capital without authorisation.

The main advantages of Tunisian investment regulations are as follows:

  • Abolition of the authorization of the Superior Commission of Investment (49 activities) for foreigners,

  • Reduction in the number of authorizations and revision of the specifications,

  • Definition of time limits for each authorization and requirement to provide the reasons for refusal, failing a response within the deadline, the authorisation is deemed to have been granted,

  • Total freedom of foreign participation in the capital for offshore companies,

  • Freedom of access to land ownership for the realization of investment,

  • Freedom to transfer funds (profits, dividends and assets) abroad.

Simple Incorporation procedures

In order to facilitate the settlement procedures of foreign investors in Tunisia, simplified procedures have been established to ensure fair and impartial treatment of investors enabling significant savings in time and cost.

To this end, Tunisia provides the one-stop desk of APII which is a centre gathering all administrative and legal procedures necessary for the legal incorporation of a company.

ISO 9001 certified, it brings together in one space, both in Tunis and at the multiple regional offices, the different public institutions involved in the required procedures to create a business: declarations of investment projects and incorporation of companies.

It is responsible for completing within 24 hours following the receipt of incorporation documents and examination of their admissibility, the required procedures for the establishment of the legal entities to be created.

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APII implemented an online service for business incorporation, allowing, through reliable electronic tools, the completion of the administrative and legal procedures required for the constitution of SA, SARL...

Protection of intellectual property

In Tunisia, the intellectual property is protected by the provisions of national legislation and by international treaties covering this field.

Similarly, the Investment Law offers Tunisian and foreign investors more guarantees in compliance with international standards for fair and equitable treatment and for the protection of industrial and intellectual property.

The registration of industrial designs, inventions and trademarks is made at the National Institute for Standardization and Industrial Property (INNORPI). Depending on its nature, the protection is effective for:

  • 20 years for patents

  • A renewable period of 10 years for trademarks,

  • 5, 10 or 15 years for industrial designs

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To address the problems of intellectual property and to enhance the protection of scientific results through patents, Tunisia implemented well-defined legal and financial frameworks.

In this regard, TUNISIA, member of the World Intellectual Property Organization (WIPO) (November 1975), is a signatory to several international agreements and is also member of most international conventions on the protection of intellectual property:

  • signatory to the Paris Convention on the protection of patents,

  • signatory to the Agreement of the United Nations Conference on Trade and Development on the protection of trademarks and licenses,

  • member of the International Centre for the Settlement of Investment Disputes (ICSID).

 

Flexible Recruitment Procedures

Tunisia offers foreign investors an educated workforce that can be quickly trained to new techniques and skills. Recruitment of staff in Tunisia is free and competitive.

To recruit its staff foreign entrepreneurs may use both national support organizations such as the National Agency for Employment and Independent Work (ANETI), the National Bureau of Employment of Managers (BNEC) or their regional offices, and private recruitment firms.

Reasons to Invest in Tunisia

 

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