
Tunisia
Diversified North African economy closely integrated with the EU through manufacturing (automotive wiring, textiles, electronics) alongside agri-food and tourism. Olive oil is a leading commodity export. Reforms focus on investment facilitation via the Tunisia Investment Authority and digital tax filing; capital markets center on the Bourse de Tunis with active government debt issuance.
Overview
Manufacturing for export (automotive wiring harnesses, electronics, apparel) drives goods trade with the EU, complemented by olive oil and tourism. Business registration is centralized at the RNE while investment declarations and incentives are coordinated by the Tunisia Investment Authority. Tax accounts and returns are managed online via the Jibaya portal; foreign trade procedures use the Tunisie TradeNet single window.
Snapshot
Focus Sectors
Trade
Top Export Partners 2023
- France22.0%
- Italy18.3%
- Germany13.1%
- Spain5.3%
- Libya4.3%
Top Export Goods
Top Import Partners 2023
- Italy12.4%
- France10.6%
- China10.5%
- Russia8.2%
- Algeria7.0%
Top Import Goods 2023
- Refined petroleum$2.1 B
- Petroleum gas$1.65 B
- Passenger cars$0.81 B
- Wheat$0.79 B
- Copper wire$0.50 B
Finance and Capital Markets
Currency and Policy
- CurrencyTunisian Dinar TND
- Monetary policy rate7.5%
- FX regimeDe jure float; crawl-like/managed in practice
Markets
- ExchangeBourse de Tunis (BVMT)
- DebtGovernment bonds (BTA) and T-bills active
- Listings~75 companies 2025
Regulations and Taxes
Start a Business
- Incorporate/register at the RNE (company ID issued)
- Obtain Tax Identification (matricule fiscal) and activate e-services at Jibaya
- Open a bank account and deposit capital (as required by legal form)
- Investment declaration / incentives at Tunisia Investment Authority (and sector agencies where applicable)
- Register employer and employees at CNSS
- Municipal operating licence and any sectoral permits
- Customs/trade setup via Tunisie TradeNet (TTN) for import/export
Key Taxes
- Corporate Income Tax20% standard; 40% banks/insurance
- VAT standard19% (reduced 13%/7% apply)
- WHT on dividends10% typical
- WHT on interest10% or 20% by case
Talent
Policy
- EU Association & AgadirIndustrial free trade with EU (gradual); regional Agadir FTA
- AfCFTA & COMESAAfCFTA ratified; COMESA membership
- Investment facilitationTIA one-stop investment processes
- Digital taxOnline filing & payments via Jibaya
- Trade single windowTTN for customs and logistics procedures
Risks
- External & fiscal financingBudget and FX financing constraints
- Energy & food importsExposure to global price swings
- Water & climateDrought and water stress affecting output
- Policy uncertaintyRegulatory changes may affect rates and liquidity
Resources
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