Προφίλ συναλλασσόμενης χώρας Τυνησία

Tax rates

Nature of the tax: Value added tax (TVA)
Tax rate: 18%
Reduced tax rate: Reduced rate of 10% applicable to companies whose activity is agricultural or in crafts, buying groups, service cooperatives set up between producers, consumer cooperatives and the acquisition of vehicles for the renewal of the fleet cars like taxi or rental.
Reduced rate of 6% for operations on goods and services. Consult the list of operations concerning goods and services subject to VAT at 6% ;
Reduced rate of 12% for operations on goods, activities and services. Consult the list of operations concerning products, activities and services subject to VAT at 12%.
According to the article 12 of decree No. 2009-3836 of december 30, 2009, the VAT payable on vegetable oils and refined raw food intended to be packaged for retail sale and imported by persons authorized by the relevant departments of the Ministry of Commerce and crafts is suspended.
Other consumption taxes: Tax on luxury products: 29%

Corporate tax	30%
For petroleum, hydrocarbons, telecommunications companies	35%
Agriculture and fishing companies.	10%
Corporate tax on profits derived from Export from 2011	The rate will be 10%

Tax rate for foreign companies: Foreign companies are taxed on the profit they make in Tunisia.
Capital gains taxation: Access the Ministry of Finance website on corporate tax.
Main allowable deductions and tax credit: Expenses are deductible for depreciation or amortization, reserves, rents for premises and equipment, wages, etc. There are tax credits for apprenticeships especially.
Other corporate taxes: Payroll tax: a 1% of employees gross salary (in the manufacturing sector) professionnal training tax is levied.(2% in other sectors).

Allowable deductions and tax credit: Exemptions for:
- capital gains on transfers of company shares which are not part of professional assets;
- dividends and assimilated revenue;
- remuneration paid to foreign diplomatic and consular agents if there is a reciprocal agreement;
- interest on deposits or stocks in foreign currency or convertible dinars;
- interest on house purchase savings accounts;
- interest on special savings accounts or debentures, within a certain limit;
- interest on savings accounts for studies;
- capital gains from employees taking up an option to subscribe for capital in IT services, IT engineering and related services companies.
Special expatriate tax regime: There are no specific tax rates for expatriates.

Countries with whom a double taxation treaty have been signed: List of double taxation treaties signed by Tunisia
Withholding taxes: Dividends: 0, Interest: 20%, Royalties: 15%
Bilateral agreement

Tax Authorities: The Tax Office website
Other domestic resources: Fiscal documentation
Official Journal of the Tunisian Republic

Tax year: From 1 January to 31 December.
Accounting standards: Access the Official Tunisian Accounting Plan (in French)
Accounting regulation bodies: The Tunisian Accounting Standards Board
CSOEC
National organisation of Auditors
Accounting reports: Annual accounts: the balance sheet, the profit and loss account and the notes to the accounts.
The annual report
The statement of source and application of funds (compulsory for large companies).
Publication requirements: The Financial Market Council is responsible for monitoring the observance of reporting obligations for companies which make a public appeal for savings, which includes all companies listed on the Stock Exchange, all insurance companies, all banks, companies with more than 100 shareholders, etc. Its role is also to confirm that the information provided or reported conforms to legal and statutory requirements. The field it monitors is probably too large in relation to the resources the Council has at its disposal. Accounts have to be certified annually. For additional information.
Professional accountancy bodies: The Order of Chartered Accountants in Tunisia
The Company of Accountants in Tunisia
Certification and auditing: Companies have to seek a statutory auditor to conduct an annual audit of the financial health of their organization. You can contact Ernst & Young and L'Ordre des Experts Comptables de Tunisie.
Accounting news: Tunisian news from the EIN website