Tunisia

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TAXES - ACCOUNTING

 

 

Corporate tax

Tax rate for resident companies

The regular rate is 30%.
However, a rate of 10% applies to some companies exercising a craft, agricultural activity, fishing or armament of fishing boats or to cooperatives of services or consumption.
NB: Whatever the taxable net result is, the company is subjected to a legal minimum of 0.1% of the turnover, with a minimum of 100 TND for companies under the rate of 10% and 250 TND for the ones under the rate of 30% or 35%.

   
Tax rate on long-term capital gains In Tunisia, capital gains are taxed at the rate of 30%.
   
System governing groups of companies and dividends paid by subsidiaries to their parent companies Dividends paid by a Tunisian company are not subjected either to the tax or in the restraint at the source.
   
Tax rate on branches The corporate tax is applied on branches as for all the others companies.




Income tax

Fiscal year The fiscal year begins on January 1st and ends on December 31st of the same year.
   
Income tax rate The rate is progressive from 0% to 35%, shared out into 6 brackets.
Under 1 500 TND0%
1 500,001-5 000 TND 15%
5 000,001-10 000 TND 20%
10 000,001-20 000 TND 25%
20 000,001-50 000 TND 30%
Beyond 50 000 TND35%
   
Tax deductions or other allowances To know exemptions and deductions, consult the tax code of Tunisia.



VAT rates

Standard rates The rate of common law is 18%.
   
Reduced rates There are two other rates :
- 6% for operations focused on goods and services. Consult the list in the income and corporate tax code ;
- 12% for operations focused on goods, activities and services. Consult the list in the income and corporate tax code.



 

Accounting


Professionals and representative organizations
The "Council of the order of the Experts Comptables", 16 street Augustine, Tunis.



Useful links
Invest in Tunisia agency
National Chamber of Fiscal ConsultantsFinancial Ministry
Droit-Afrique.com

Last modified in January 2008
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