Tax and customs formalities reform process just is hired by the Tunisian Ministry of finance, in order to create a favorable environment for business and innovation in Tunisia. 

An international seminar took place during October in Tunis, on this theme. The project is launched since August, 2011, four committees in charge of the implementation of this reform. 33 companies of the UTICA will participate in the development of applications, including small and medium-sized companies (SMEs), in the improvement of the tax and customs procedures. 

This reform is targeting to establish flexible formalities and reduce regulatory and administrative costs by eliminating or simplifying a large number of unnecessary formalities.

The results of the committees work will be submitted at the end of February 2012 to the Government who then undertake the necessary regulatory Tax and customs formalities reform process.

Tunisia Tax rules and incentives overview
total tax exemption on profits for the first ten years of operation for :

• exports-derived income
• agricultural projects
• Projects located in zones promoting regional development belonging to the second group as well as priority zones promoting regional development.

Corporation tax is 30% (Exemption of dividends paid by Tunisian companies to residents as well to non residents)

Author: Walid Kilani - ECOVIS KDH Partners Tunisia