Business Administration in Tunisia

Overview by Globlatrade.net:

Setting Up a Company

Legal Business Entities

Types of Companies and Capital (Max/Min) Number of Partners/Shareholders and Liability Registration Fees
The individual company.
 
 
No minimum capital.
1 person.
 
 
The individual businessman is liable for company debts on his personal property.
Certificate stating that the company's declaration of constitution was filed: TND 15 / page; Registration of the documents by the Court: TND 15 ; Publication in the Gazette (Official Bulletin): TND 200 ; Inscription to the Trade Registry: TND 5 by extract (3 are needed); Registration for social security: TND 5 ; Stamp / seal of the company: TND 5.
Limited liability company SARL
 
 
1 000 TND minimum. The minimum nominal value of a share must be 5 TND.
2 partners minimum.
 
 
Their liability is limited to the amount of capital contributed.
Certificate stating that the company's declaration of constitution was filed: TND 15 / page; Registration of the documents by the Court: TND 15 ; Publication in the Gazette (Official Bulletin): TND 200 ; Inscription to the Trade Registry: TND 5 by extract (3 are needed); Registration for social security: TND 5 ; Stamp / seal of the company: TND 5.
Public limited company SA.
 
 
No minimum capital. 1/4 of the capital must be paid up at the creation. The balance must be paid up within a maximum of 5 years.
Minimum 7 partners.
 
 
Their liability is limited to the amount of capital contributed..
Certificate stating that the company's declaration of constitution was filed: TND 15 / page; Registration of the documents by the Court: TND 15 ; Publication in the Gazette (Official Bulletin): TND 200 ; Inscription to the Trade Registry: TND 5 by extract (3 are needed); Registration for social security: TND 5 ; Stamp / seal of the company: TND 5.
General partnership.
 
 
No minimum capital.
Minimum 2 partners.
 
 
Their liability is unlimited.
Certificate stating that the company's declaration of constitution was filed: TND 15 / page; Registration of the documents by the Court: TND 15 ; Publication in the Gazette (Official Bulletin): TND 200 ; Inscription to the Trade Registry: TND 5 by extract (3 are needed); Registration for social security: TND 5 ; Stamp / seal of the company: TND 5.
Limited joint-stock partnership.
 
 
No minimum capital.
There are 2 types of partner, the active partners and the silent partners.
 
 
The liability of the active partners is unlimited. The liability of the silent partners is limited to the amount of capital contributed as long as they do not participate in the management of the company.
Certificate stating that the company's declaration of constitution was filed: TND 15 / page; Registration of the documents by the Court: TND 15 ; Publication in the Gazette (Official Bulletin): TND 200 ; Inscription to the Trade Registry: TND 5 by extract (3 are needed); Registration for social security: TND 5 ; Stamp / seal of the company: TND 5.
 
Business Setup Procedures
The creation of an SA or an SARL needs a trader's card to be issued first and the company to be registered in the Register of Commerce. The formalities are quite flexible, especially for companies which hold procurement contracts.
The Competent Organization
Trade Registry of Tunisia
Search a Company or a Financial Report
Trade Registry of Tunisia, in French

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Working Conditions

Legal Weekly Duration
40h or 48h according to the regime.
Retirement Age
60
Working Contracts
Legal measures govern work contracts; collective agreements and individual negotiation complete them.
The formality of work contracts is extremely rigid. The constraints of dismissal and hiring conditions are rather flexible.

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Cost of Labor

Minimum Wage
Decree n ° 2007-2079 of 14/08/2007 established:
- the minimum monthly salary is 239.824 TND and 207.828 TND according to the number of working hours per week (respectively 48 and 40);
- the minimum hourly wage is 1.153 TND and 1.199 TND according to the number of working hours per week (respectively 48 and 40).
Social contributions
Social Security Contributions Paid By Employers: 16.57% (Old age, invalidity, survivors: 7.76%; Sickness, maternity: 5.08%; Family benefits: 2.21%; Other services: AT / MP, PST, FSE: 1.51%).
Social Security Contributions Paid By Employees: 9.18% (Old age, invalidity, survivors: 4.73%; Sickness, maternity: 3.16%; Family benefits: 0.88%; Other services: AT/MP, PST, FSE: 0.38%).

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Social Partners

Social Dialogue and Involvement of Social Partners

Unions
Tunisian General Labor Union (UGTT)
Tunisian union of industry, trade and handicrafts (UTICA)
Tunisian union for agriculture and fishing (UTAP)
Unionization Rate
15 %.
Labor Regulation Bodies
Ministry of Vocational Training and Employment

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