Setting Up a Company

Types of Companies and Capital (Max/Min)	Number of Partners/Shareholders and Liability
The individual company. No minimum capital.	1 person. The individual businessman is liable for company debts on his personal property.
Limited liability company SARL 1,000 TND minimum. The minimum nominal value of a share must be 5 TND.	2 partners minimum. Their liability is limited to the amount of capital contributed.
Public limited company SA. No minimum capital. 1/4 of the capital must be paid up at the creation. The balance must be paid up within a maximum of 5 years.	Minimum 7 partners. Their liability is limited to the amount of capital contributed..
General partnership. No minimum capital.	Minimum 2 partners. Their liability is unlimited.
Limited joint-stock partnership. No minimum capital.	There are 2 types of partner, the active partners and the silent partners. The liability of the active partners is unlimited. The liability of the silent partners is limited to the amount of capital contributed as long as they do not participate in the management of the company.

The Competent Organization: Trade Registry of Tunisia
Search a Company or a Financial Report: Trade Registry of Tunisia, in French

Source: Doing Business.

Business Setup Procedures: Consult Doing Business Website, to know about procedures to start a Business in Tunisia.
Trade Register

Working Conditions

Legal Weekly Duration: 40h or 48h according to the regime.
Retirement Age: 60
Working Contracts: Legal measures govern work contracts; collective agreements and individual negotiation complete them.
The formality of work contracts is extremely rigid. The constraints of dismissal and hiring conditions are rather flexible.

Minimum Wage: Decree n° 2007-2079 of 14/08/2007 established:
- the minimum monthly salary is 239.824 TND and 207.828 TND according to the number of working hours per week (respectively 48 and 40);
- the minimum hourly wage is 1.153 TND and 1.199 TND according to the number of working hours per week (respectively 48 and 40).
Social contributions: Social Security Contributions Paid By Employers: 16.57% (Old age, invalidity, survivors: 7.76%; Sickness, maternity: 5.08%; Family benefits: 2.21%; Other services: AT / MP, PST, FSE: 1.51%).
Social Security Contributions Paid By Employees: 9.18% (Old age, invalidity, survivors: 4.73%; Sickness, maternity: 3.16%; Family benefits: 0.88%; Other services: AT/MP, PST, FSE: 0.38%).

Social Dialogue and Involvement of Social Partners
Unions: Tunisian General Labor Union (UGTT)
Tunisian union of industry, trade and handicrafts (UTICA)
Tunisian union for agriculture and fishing (UTAP)
Unionization Rate: 15 %.
Labor Regulation Bodies: Ministry of Vocational Training and Employment

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