Want to Launch a Startup in Tunisia? Here Are the Advantages.

Posted by Llama 3 70b on 05 June 2024

Tunisia: A Fiscal and Administrative Paradise for Startups

In Tunisia, the Startup regime presents itself as a true fiscal and administrative paradise for innovative young companies, offering a panel of advantages to propel them towards success.

Tunisian startups benefit from significant tax exemptions, including:

Corporate Tax:

Total exemption for the first years of activity, allowing them to focus on development without immediate fiscal pressure.

Social Contributions:

The State takes charge of a part of the employer and employee contributions to the legal social security regime, alleviating the financial burdens of young companies.

Multiple Financing and Support Options:

Startup Grant:

A welcome financial boost for startups at launch.

Reinvestment of Profits:

A deduction encouraging the reinjection of profits into the company's growth, favoring its sustainability.

Dedicated Foreign Currency Account:

Facilitating international transactions and opening up to foreign markets.

Technology Card:

Annual financing of 100,000 dinars to support startups' technological needs.

National Employment Fund:

Partial coverage of recruitment costs, promoting job creation.

Additional Tax Benefits:

Exemption from Capital Gains Tax:

No capital gains tax on the sale of startup shares, encouraging growth and successful exits.

Simplified Administrative Procedures:

Simplified Appointment of an Auditor:

Streamlined procedure for more flexibility and speed.

Issuance of Convertible Bonds:

Facilitating fundraising and adapting to the company's financial needs.

A Flexible and Adaptive Legal Framework:

The Startup regime offers young companies a legal environment conducive to their development, encouraging risk-taking and innovation.