Taxes and Accounting in Tunisia
- Tax Year
- From 1 January to 31 December.
- Accounting Standards
- Access the Official Tunisian Accounting Plan (in French)
- Accounting Regulation Bodies
The Tunisian Accounting Standards Board
National organisation of Auditors
- Accounting Reports
- Annual accounts: the balance sheet, the profit and loss account and the notes to the accounts.
The annual report
The statement of source and application of funds (compulsory for large companies).
- Publication Requirements
- The Financial Market Council is responsible for monitoring the observance of reporting obligations for companies which make a public appeal for savings, which includes all companies listed on the Stock Exchange, all insurance companies, all banks, companies with more than 100 shareholders, etc. Its role is also to confirm that the information provided or reported conforms to legal and statutory requirements. The field it monitors is probably too large in relation to the resources the Council has at its disposal. Accounts have to be certified annually. For additional information.
- Professional Accountancy Bodies
The Order of Chartered Accountants in Tunisia
The Company of Accountants in Tunisia
- Certification and Auditing
- Companies have to seek a statutory auditor to conduct an annual audit of the financial health of their organization. You can contact Ernst & Young and L'Ordre des Experts Comptables de Tunisie.
- Accounting News
Tunisian news from the EIN website
- Nature of the Tax
- Value added tax (TVA)
- Tax Rate
- Reduced Tax Rate
- Reduced rate of 10% applicable to companies whose activity is agricultural or in crafts, buying groups, service cooperatives set up between producers, consumer cooperatives and the acquisition of vehicles for the renewal of the fleet cars like taxi or rental.
Reduced rate of 6% for operations on goods and services. Consult the list of operations concerning goods and services subject to VAT at 6% ;
Reduced rate of 12% for operations on goods, activities and services. Consult the list of operations concerning products, activities and services subject to VAT at 12%.
According to the article 12 of decree No. 2009-3836 of december 30, 2009, the VAT payable on vegetable oils and refined raw food intended to be packaged for retail sale and imported by persons authorized by the relevant departments of the Ministry of Commerce and crafts is suspended.
- Other Consumption Taxes
- Tax on luxury products: 29%
- Company Tax
- Tax Rate For Foreign Companies
- Foreign companies are taxed on the profit they make in Tunisia.
- Capital Gains Taxation
- Access the Ministry of Finance website on corporate tax.
- Main Allowable Deductions and Tax Credit
- Expenses are deductible for depreciation or amortization, reserves, rents for premises and equipment, wages, etc. There are tax credits for apprenticeships especially.
- Other Corporate Taxes
- Payroll tax: a 1% of employees gross salary (in the manufacturing sector) professionnal training tax is levied.(2% in other sectors).
|Income tax (IR)||Progressive rate from 0 to 35%|
|TND 0 - 1,500||0%|
|TND 1,501 - 5,000||15%|
|TND 5,001 - 10,000||20%|
|TND 10,001 - 20,000||25%|
|TND 20,001 - 50,000||30%|
|Over TND 50,000||35%|
- Allowable Deductions and Tax Credit
- Exemptions for:
- capital gains on transfers of company shares which are not part of professional assets;
- dividends and assimilated revenue;
- remuneration paid to foreign diplomatic and consular agents if there is a reciprocal agreement;
- interest on deposits or stocks in foreign currency or convertible dinars;
- interest on house purchase savings accounts;
- interest on special savings accounts or debentures, within a certain limit;
- interest on savings accounts for studies;
- capital gains from employees taking up an option to subscribe for capital in IT services, IT engineering and related services companies.
- Special Expatriate Tax Regime
- There are no specific tax rates for expatriates.
Double Taxation Treaties
- Countries With Whom a Double Taxation Treaty Have Been Signed
List of double taxation treaties signed by Tunisia
- Withholding Taxes
- Dividends: 0, Interest: 20%, Royalties: 15%
- National Organizations
- The National Institute for Standardization and Industrial Property (INNORPI)
- Regional Organizations
- The World Intellectual Property Organization (WIPO).
- International Membership
Member of the
WIPO (World Intellectual Property Organization)
Signatory to the Paris Convention For the Protection of Intellectual Property
National Regulation and International Agreements
|Type of property and law||Validity||International Agreements Signed|
Law n° 2000-84 of 24 August 2000
|5, 10, 15 or 50 years on request|| Patent Cooperation Treaty (PCT)
Strasbourg agreement Concerning the International Patent Classification
Law of 23 July 2007
|20 years, renewable|| Trademark law treaty
Protocol relating to the Madrid Agreement
Law n° 12 of 9 February 2001
Code of intellectual property
|70 years after the death of its author for inheritance tax, 50 years after the first publication for registration fees|| Berne convention
Convention for the Protection of Producers of Phonograms Against Unauthorized Duplication of Their Phonograms
Rome ConventionFor the Protection of Performers, Producers of Phonograms and Broadcasting Organizations
WIPO Copyright Treaty
WIPO Performances and Phonograms Treaty
Law N °2001-21 of 6 February 2001 on the protection of designs and industrial models
- Independence of Justice
- Equal Treatment of Nationals and Foreigners
- The Language of Justice
- Recourse to an Interpreter
- Sources of the Law and Legal Similarities
- Tunisian law has various sources: the Constitution, laws voted by Parliament, ministerial decrees and orders, international conventions and treaties ratified by Tunisia.It is largely inspired by French law but also Islamic law.
- Checking National Laws Online
The Ministry of Justice
- National Standards Organizations
National Institute of Standardization and Industrial Property
- Integration in the International Standards Network
- International Standards organization (ISO)
- Classification of Standards
- Online Consultation of Standards
The ISO catalog
The NT catalog
- Certification Organizations
National Institute of Standardization and Industrial Property
- General Information
Doing business In Tunisia
- Opening Hours and Days
- Closed on Saturday and Sunday, or only Sunday for shops. Closed for a lunch break, which may be shorter or longer, between 12.30pm and 2.30pm.
During the month of Ramadan and the two summer months (July, August), administrations and companies close in the afternoon.
|New Year's Day||1 January|
|Revolution day||18 January|
|Aid El Fitr, AID EL IDHA, Mouled ,Ras El Am El Herjri||Religious holidays which do not have fixed dates|
|Independence Day||20 March|
|Youth Day||21 March|
|Martyrs' Day||9 April|
|Labor Day||1 May|
|Women's Day||13 August|
|Commemoration Day||7 November|
|Islamic New Year||December|
|Ramadan||Change every year|
Periods When Companies Usually Close
|End of year holidays||New Year's Day|
|Summer holidays||July or August according to the company.|
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