How To Start A Business in Tunisia
How to Start a Business in Tunisia - Step by Step Guide
Starting a business in Tunisia involves clear steps for both local and foreign investors. Below is a detailed guide outlining the necessary procedures, fees, taxes, and expected processing times to help you navigate the process effectively.
Step-by-Step Guide for Locals
- Choose Your Business Structure: Tunisia allows various business structures such as Sole Proprietorship, Limited Liability Company (SARL), or Joint Stock Company (SA).
- Register Your Business: The first step is to register your business with the National Business Registration Center (Centre National du Registre de Commerce - CNRC).
Centre National du Registre de Commerce (CNRC)
Fees: The registration fee varies, typically around TND 40 to TND 100 (approximately USD 14 to USD 35).
- Obtain a Taxpayer Identification Number (TIN): Once registered, obtain a TIN from the Tunisian tax authorities.
Tunisian Revenue Office
Fees: Free.
- Register for VAT: If your business turnover exceeds TND 100,000 annually, you must register for VAT with the Tunisian tax authorities.
Fees: Free, though you will need to file regular VAT returns.
- Register with the National Social Security Fund (CNSS): Businesses with employees are required to register with the CNSS for social security contributions.
National Social Security Fund (CNSS)
Fees: Employer contribution: 16.57%, Employee contribution: 9.18%.
- Open a Business Bank Account: After registering your business, open a business bank account in a local bank.
Fees: Initial deposit typically ranges from TND 100 to TND 300 (approximately USD 35 to USD 105).
- Obtain Required Licenses and Permits: Depending on the type of business, you may need to apply for specific business permits and licenses.
Fees: Varies depending on the business sector.
Step-by-Step Guide for Foreign Investors
- Choose Your Business Structure: Foreign investors can choose from various business structures including Limited Liability Company (SARL), Joint Stock Company (SA), or establish a branch of a foreign company.
- Register Your Business: Foreign investors must register their business with the National Business Registration Center (CNRC).
Centre National du Registre de Commerce (CNRC)
Fees: The registration fee varies, typically around TND 40 to TND 100 (approximately USD 14 to USD 35).
- Obtain a Taxpayer Identification Number (TIN): Foreign businesses must obtain a TIN from the Tunisian tax authorities.
Tunisian Revenue Office
Fees: Free.
- Register for VAT: Foreign investors must register for VAT if the business turnover exceeds TND 100,000 annually.
Fees: Free, though you must file monthly VAT returns.
- Register with the National Social Security Fund (CNSS): If the business hires employees, they must register with CNSS.
National Social Security Fund (CNSS)
Fees: Employer contribution: 16.57%, Employee contribution: 9.18%.
- Obtain Work Permits for Foreign Employees: Foreign employees wishing to work in Tunisia must apply for a work permit through the Ministry of Employment and Vocational Training.
Ministry of Employment and Vocational Training
Fees: TND 100 to TND 500 (approximately USD 35 to USD 175).
- Open a Business Bank Account: Foreign investors must open a business bank account in Tunisia.
Fees: Initial deposit ranges from TND 100 to TND 300 (approximately USD 35 to USD 105).
- Obtain Required Licenses and Permits: Depending on the type of business, foreign investors must apply for specific permits.
Fees: Varies depending on the business sector.
Estimated Duration
- For Locals: 1-2 weeks
- For Foreign Investors: 3-4 weeks (including obtaining work permits)
Useful Resources
Disclaimer: The information provided in this guide is based on the current regulations for starting a business in Tunisia. Regulations, fees, and processing times may change over time. It is advisable to consult with local authorities or legal experts for the most up-to-date information.