Tunisia_Africa_Shanghai CHYIELD Enterprise Consulting Co., Ltd.

GLOBAL REGISTRATION

Tunisia

Advantages of Registering a Company in Tunisia

1. Abundant market opportunities: As one of the economic hubs in North Africa, Tunisia offers plentiful market prospects.

2. Favourable investment climate: A series of measures have been implemented to optimise the business environment, including streamlined registration procedures and various incentive packages.

3. Strategic geographical location: Situated on the Mediterranean coast between Africa and Europe, it enjoys a strategic geographic position.

4. Rich natural resources: Tunisia is endowed with ample natural resources such as oil, natural gas and phosphate mines.

5. Low labour costs: Labour costs in Tunisia remain relatively competitive.

REQUIREMENTS

COMPANY TYPE

MATERIALS

Serial

Name

Details

Shareholders and Directors

A minimum of one shareholder is allowed, who may be a natural person or a legal entity with no nationality restrictions. At least one director is required, and there are no nationality requirements for directors.

Registered Capital

The minimum share capital is 350 US Dollars, which shall be fully paid within two months after company registration.

Registered Address

A local registered address in Tunisia is required. Our company can provide address recommendations, subject to your confirmation of the city for registration.

Serial

Name

Details

Limited Liability Company

It is the most commonly chosen entity type, with 1 to 50 shareholders. There is no statutory minimum share capital, yet a minimum of approximately 1,000 Tunisian Dinars is recommended in practice. A SARL must appoint at least one director, who can be a foreign national aged over 18.

Joint Stock Company（SA）

It is suitable for large-scale projects, requiring a minimum of seven shareholders and a board consisting of no fewer than three directors. For unlisted SA companies, the minimum share capital is 5,000 Tunisian Dinars, of which at least 25% shall be paid up upon incorporation and the remainder settled within five years. A minimum capital of over 50,000 Dinars is required if the company intends to offer shares to the public. Foreign investors are permitted to hold 100% equity. Nevertheless, for certain specific sectors such as selected commercial services, approval from the Higher Investment Commission is mandatory where foreign shareholding exceeds 49%.

Representative Office

It only engages in liaison and market research activities and shall not carry out profit-generating business operations.

Branch Office

It does not possess separate legal personality and is treated as the same legal entity as its parent company. Branches are not eligible for the tax incentives offered under Tunisia’s Investment Code.

Serial

Name

Details

Information Collection Form

Power of Attorney

Individual Shareholder

1. Scanned copies of passports of shareholders and Tunisian company directors;

2. Proof of residence for shareholders and Tunisian company directors (utility bills or credit card statements with address issued within the latest 3 months)

Corporate Shareholder

1. Business license and Articles of Association of the company;

2. Scanned passports and residential proofs of corporate shareholders and Tunisian company directors (utility bills or address-bearing credit card statements issued within the past 3 months);

3. Complete equity structure chart

Document Authentication

All the above documents need to be translated, notarized and authenticated or apostilled.

REGISTRATION PROCESS

1

Fill out the information collection form and conduct company name verification
2

Draft the Articles of Association
3

Carry out the company registration procedures
4

Registration completed
5

Tax Application
6

Open a corporate bank account