Investment Opportunities in Tunisia

Overview by

Protection of Foreign Investment

Bilateral Investment Conventions Signed By Tunisia
Tunisia is a signatory to agreements on guaranteeing and protecting investments with several countries.
International Controversies Registered By UNCTAD
No case of controversy.

Country Comparison For the Protection of Investors

  Tunisia Middle East & North Africa United States Germany
Index of Transaction Transparency* 5.0 6.3 7.0 5.0
Index of Manager’s Responsibility** 5.0 4.6 9.0 5.0
Index of Shareholders’ Power*** 6.0 3.4 9.0 5.0
Index of Investor Protection**** 5.3 4.8 8.3 5.0

Source: Doing Business

Note: *The Greater the Index, the More Transparent the Conditions of Transactions. **The Greater the Index, the More the Manager is Personally Responsible. *** The Greater the Index, the Easier it Will Be For Shareholders to Take Legal Action. **** The Greater the Index, the Higher the Level of Investor Protection.

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Procedures Relative to Foreign Investment

Freedom of Establishment
Acquisition of Holdings
Possible but you must obtain a business card from the Foreign Trade Services.
Competent Organization For the Declaration
Agency for the promotion of foreign investment
Requests For Specific Authorizations
The agency for the promotion of foreign investment in the country gives information about the authorizations necessary for setting up business.
Find Investment Service Providers in Tunisia on

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Office Real Estate and Land Ownership

Possible Temporary Solutions
There are several temporary solutions: domiciliation of the company at the private address of the director, domiciliation in a business center, lodging in relay-workshops, company "incubators" and renting professional premises.
The Possibility of Buying Land and Industrial and Commercial Buildings
Risk of Expropriation
According to Tunisian law, foreign investors are entitled to compensation if they are victims of expropriation.

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Investment Aid

Forms of Aid
- Tax relief on income or profits reinvested, up to 35% of income or profits subject to tax
- Exemption from Customs duty on capital goods when nothing similar is manufactured locally
- VAT limited to 10% when importing capital goods
- Possibility of choosing the regime of sliding scale amortizement for production material and equipment which is used for more than seven years.
Privileged Domains
Creating jobs, national and regional development, the agri-food field, protection of the environment, aid for Research and Development.
Free Zones
There are two free zones in Tunisia:
- the Bizerte Free Zone
- the Zarzis Free Zone.

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Investment Opportunities

The Key Sectors of the National Economy
High Potential Sectors
Privatization Programs
Industry and infrastructures: cement plants, production of electricity, building motorways, banks, waste water and solid waste treatment, telecommunications, water desalination, etc.
The privatization of UIB (6th Bank in Tunisia) and the transformation of the status of BTEI (Tunisia and the Emirates Investment Bank), the privatization of Banque du Sud and the restructuring of the insurance sector.
Tenders, Projects and Public Procurement
Tenders Info, Tenders in Tunisia
Globaltenders, Tenders & Projects in Tunisia
Prime Ministry, Public Procurement Site of Tunisia
DgMarket, Tenders Worldwide

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Sectors Where Investment Opportunities Are Fewer

Monopolistic Sectors
Agri-food business
Sectors in Decline

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Finding Assistance For Further Information

Investment Aid Agency
Agency for the Promotion of Investment
The Tunisian Export Exchange
Doing Business Guides
Investor's Guide
Tunisia Commercial Guide 2009 - Buy USA

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