Starting a Company in Tunisia: Step-by-Step Guide
BUSINESS LAW
10/5/20232 min read
Starting a Company in Tunisia: Step-by-Step Guide
Tunisia, with its strategic position in the Mediterranean, skilled human resources, and a continuously improving business climate, is a prime destination for investors. If you are considering starting a business there, here is a step-by-step guide to help you navigate the process.
Choose the Type of Company
Decide on the legal structure of your company. Common types include the :La Société Anonyme (SA) - Private Company
La Société à Responsabilité Limitée (SARL) - Limited Liability Company (L.L.C)
La Société en Nom Collectif (SNC)
La Société en Commandite Simple (SCS)
The choice depends on factors like the number of shareholders, liability, and capital requirements.Reserve a Company Name
Check the availability of your desired company name with the National Institute of Standardization and Industrial Property (INNORPI) and reserve it. The name must be unique and comply with Tunisian business naming regulations.Draft the Articles of Association
Prepare the Articles of Association, which outline the company’s structure, purpose, capital, and operational rules. This document must be signed by all shareholders and notarized.Open a Bank Account
Open a bank account in the company’s name and deposit the required share capital. Obtain a certificate of deposit, which will be needed for the company registration process.Register the Company
Register the company with the Tunisian Trade Register at the Regional Court’s Commercial Registry. You will need to submit the Articles of Association, the bank certificate, proof of the company address, and identification documents of the shareholders and directors.Obtain a Tax Identification Number (TIN)
Register with the tax authorities to obtain a Tax Identification Number (TIN) for your company. This is necessary for tax reporting and compliance.Register for Social Security
Enroll your company with the National Social Security Fund (CNSS) to ensure compliance with social security obligations for employees.Obtain Necessary Licenses and Permits
Depending on your business activities, you may need specific licenses or permits from relevant regulatory bodies. Ensure you meet all legal requirements for your sector.Publish a Notice of Incorporation
Publish a notice of the company’s incorporation in the Official Gazette and a local newspaper. This step is required to officially announce the establishment of your company.Register with the Labor Inspectorate
If you plan to hire employees, register your company with the local Labor Inspectorate to comply with labor laws and regulations.Start Operations
Once all registrations and formalities are completed, you can officially start your business operations in Tunisia. Ensure ongoing compliance with tax, social security, and other regulatory requirements.
Conclusion: Starting a company in Tunisia is a process that requires a thorough understanding of local regulations. Although the country has taken steps to facilitate investment and business creation, it is still recommended to consult local experts to ensure that all legal and regulatory aspects are properly addressed.