Business Reforms in Tunisia

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2011:

Positive Paying Taxes:

Tunisia introduced the use of electronic systems for payment of corporate income tax and value added tax.


Positive Trading Across Borders:

Tunisia upgraded its electronic data interchange system for imports and exports, speeding up the assembly of import documents.


DB2010:

Positive Protecting Investors:

Tunisia amended the Code des Sociétés Commerciales that strengthened investor protections by requiring greater corporate disclosure.


Negative Paying Taxes:

Tunisia has increased the tax cost of employment by raising social security contributions.


Positive Trading Across Borders:

Through the expansion of the TradeNet electronic single window, Tunisian traders can quickly file all documents required to clear their cargo online. While this has decreased the delays of processing by 2 days, the requirement to still physically provide original documents obstruct on the greater impact the technological innovation could have.


DB2009:

Positive Starting a Business:

Paid-in minimum capital was abolished.


Positive Getting Credit:

After a legal reform, Tunisia now collects and distributes more detailed information from banks, including positive information (like loan amounts) and negative information (like arrears and defaults). Also, it is now guaranteed by law that individuals and firms can consult their credit data in all Central Bank offices.


Positive Protecting Investors:

Tunisia strengthened investor protections by allowing minority investors to request in court the rescission of prejudicial related-party transactions.


Positive Paying Taxes:

On March 15, 2008, the Ministry of Finance introduced the option for téléliquidation which enables online declaration of taxes accompanied by physical payments at the tax bureaus.


Negative Trading Across Borders:

Tunisia required freight arriving at the port to be accompanied by a unit of the customs authority and thereby increased the time to import.


DB2008:

Positive Registering Property:

Property registry files were computerized, reducing the time needed to register a property.


Positive Getting Credit:

Credit information was enhanced by lowering the minimum loan requirement at its public registry from 20,000 DT to zero.


Positive Paying Taxes:

Tunisia made paying taxes less costly for companies by reducing the corporate income tax rate.


Reform Summaries


Close