Tunisia, officially the Republic of Tunisia, is a country in the Maghreb region of North Africa. It is bordered by Algeria to the west and southwest, Libya to the southeast, and the Mediterranean Sea to the north and east. Tunisia also shares maritime borders with Italy through the islands of Sicily and Sardinia to the north and Malta to the east. It features the archaeological sites of Carthage dating back to the 9th century BC, as well as the Great Mosque of Kairouan. Known for its ancient architecture, souks, and blue coasts, it covers 163,610 km2 (63,170 sq mi), and has a population of 12.1 million. It contains the eastern end of the Atlas Mountains and the northern reaches of the Sahara Desert; much of its remaining territory is arable land. Its 1,300 km (810 mi) of coastline includes the African conjunction of the western and eastern parts of the Mediterranean Basin. Tunisia is home to Africa’s northernmost point, Cape Angela. Located on the northeastern coast, Tunis is the capital and largest city of the country, which is itself named after Tunis. The official language of Tunisia is Arabic. The vast majority of Tunisia’s population is Arab and Muslim. Vernacular Tunisian Arabic is the most spoken language, and French serves as an administrative and educational language in some contexts, but has no official status.
The largest sector in the service industry, of course, is tourism, which directly or indirectly provides employment for approximately 300,000 residents. As a major source of foreign currency, this sector experiences steady economic growth. Tunisia has a developed economy, an important place in which there is agriculture, mining, energy, tourism and manufacturing. The country is now gradually removing barriers to trade with the European Union, as evidenced by the increase in imports (from 46% of GDP in 1997 to 54% in 2009). Priorities for future development are expanded privatization and further liberalization of investment laws to increase foreign investment and improving government effectiveness. In Tunisia it is extremely profitable to do business as there are strong fiscal incentives. In the early 90s the legislation in Tunisia was enacted providing for the grant of a large set of tax incentives for international companies engaged in tourism, food and agricultural industry (especially the fishing industry), machinery and electronic industries and service industries. The international trading company may be authorized to conduct business in the country with preferential tax treatment.
As of 1 January 2025, the general corporate tax rate has increased to 20% (up from 15%). Specific sectors are subject to higher rates:
The 2025 Finance Law expanded the PIT scale to eight brackets (previously five) to increase progressivity. The rates for the 2026 fiscal year include a 1% Social Solidarity Contribution (SSC) for most brackets:
The 2026 Finance Law (Art. 88) introduces an overhauled wealth tax levied every January 1st on the assets of natural persons:
The standard VAT rate remains 19%. Reduced rates apply as follows:
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Chandrawat & Partners stands as a dynamic and rapidly expanding full-service firm, specializing in the delivery of exceptional professional and corporate services to a diverse clientele, both foreign and local. We proudly represent companies and individuals across a wide spectrum of sectors through distinct entities established in various countries worldwide.
Chandrawat & Partners stands as a dynamic and rapidly expanding full-service firm, specializing in the delivery of exceptional professional and corporate services to a diverse clientele, both foreign and local. We proudly represent companies and individuals across a wide spectrum of sectors through distinct entities established in various countries worldwide.
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