Tunisia is a country located in North Africa. The county is strategically positioned in that it borders the Mediterranean Sea and the Sahara. It is also bordered by Algeria and Libya. The official language spoken is Arabic although the indigenous verbal communication was the Berber language. The latest statistical data records confirm that Tunisia has an estimated population of 12 million. Most companies in Tunisia have also full-fledged significantly over the past few years. This article aims at showcasing the main guidelines for registering a firm within its borders.
Companies in Tunisia
Currently, there are more than 800000 registered profit-based organizations in Tunisia. According to the research conducted by the Tunisia National Institute of statistics. Over 785000 of these are domestically owned leaving around 16000 with foreign ownership. Most of the companies are located in Tunis, the country’s capital city.
Company registration in Tunisia
The process of setting up a business in Tunisia is not dissimilar from other African countries. Limited liability companies enjoy the liberty to operate in Tunisia compared to other kinds of liability entities. Therefore, more emphasis will be put on the application and registry of a limited liability company. Such operators comprise two or more proprietors. Below are step-by-step procedures that one needs to adhere to have a limited liability company incorporated in Tunisia.
An official document of down payments
An official document of down payments of investment must be obtained from the relevant agency of the company’s sector. It is a requirement that the depository account bears the company’s proposed identity.
Registration of articles of association
Registering the articles of association which take at slightest one day to be completed. Six legitimate copies of the articles of association are supposed to be deposited at the tax administration office. The toll administration retains two copies with it. While on the other hand, investment owners are handed over eight copies that will be used somewhere else. Three copies are maintained by the investors as a requirement. Two copies are deposited to a court official and another copy to the tax regulatory desk.
Submission to the tribunal
Application documents are to be submitted to the tribunal. Such a process takes approximately one day to be comprehensive. Some of the credentials deposited at the tribunal include; two forms to be signed by the depositors. Two copies of the affirmation of tribute are signed by the managers of the entity. A copy of the address and the head office of the company. The most important clauses of the articles should be in the Arabic language. Copies of the national identity cards or passports of the company’s managers are in photocopy.
Filing of the declaration of existence
Filing of the declaration of existence at the tax control desk. An immediate document is filed to declare that the registered company exists. It takes approximately one day to complete such an activity.
Declaration by the NSSF
Declaration by the National Social Security Fund to ensure compliance with all the rules and regulations. Agents of the National Social Security Fund can also prior visits to the firm at any time to ensure conformity with the law.
Labor declaration
A Labor declaration is filed in the labor inspectorate to ensure the company’s observance of the labor standards. It is done within a day. The declaration must include the name of the company and the location. The Manger’s name, address, and country of origin are also included. The number of employees now should also be added and their area of proficiency. Lastly, if there is any foreign employee, their number and validity of the residence card should be included. The company should be published in the official Government Gazette and any other two newspapers within seven days. The publication must also be in Arabic. However, this procedure does not affect the execution of the other steps.
Business entity seal
The final requirement is the business entity seal. The seal is comprised of the company logo and its identification. It can be made by any citizen or foreign seal maker. It is purposed to uniquely identify every registered company.
