Investment Climate in Tunisia

Tunisian Government is actively encouraging investment in the country and has placed a priority on attracting foreign direct investment in key industry sectors for instance; call centres, electronics manufacturing, aerospace and aeronautics, automotive parts and textile manufacturing.

The government encourages export-oriented and screens any potential to minimize the impact of the investment on domestic competitors and employment.

Regulatory Framework

The Foreign Investment Promotion Agency (FIPA)

The Foreign Investment Promotion Agency ‘ FIPA-Tunisia ‘ is a public institution set up in 1995 under the supervision of the Ministry of Development and International Cooperation.

FIPA-Tunisia is in charge of providing all the support needed by foreign investors and of promoting foreign investment in Tunisia.

Investment Code (Law 1993-120)

Investment in Tunisia is regulated by the Investment Code amended in January 2009 aims to foster job creation, reduce regional disparities and develop infrastructure in the west and south-central regions of Tunisia.

Legislation for investment in Tunisia

Legislation contains two major hurdles for potential FDI:

  • Foreign investors are denied national treatment in the agriculture sector. Foreign ownership of agricultural land is prohibited, although land can be secured through long-term lease (up to 40 years). However, the government actively promotes foreign investment in agricultural export projects.
  • For onshore companies outside the tourism sector, government authorization is required if the foreign capital share exceeds 49%, and can be difficult to obtain.

Investment Climate in Tunisia has been summarized to include the following

Development partners of Tunisia

Double taxation treaties in Tunisia

Exports of Tunisia

International Trade Agreements with Tunisia

Investment Authority of Tunisia

Investment Guarantees in Tunisia

Investment incentives in Tunisia

Investment opportunities in Tunisia

Natural Resources of Tunisia

Trading partners of Tunisia

Tunisia Currency Converter

Tunisia Immigration Authority

For more reading

http://www.investintunisia.tn/site/en/home.php?id_article=848

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