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Tunisia Planning Changes to the Investment Code

11 June 2015

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Proposed Changes

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Tunisia

The Tunisian Council of Ministers is currently considering draft changes to the country's Investment Code. One of the key changes being considered is a reduction in the corporate tax rate from 25% to 15%, while abolishing the reduced tax rate of 10% for export companies. The increased 35% rate for hydrocarbon, financial and telecommunication activities would be maintained. Other measures include relaxing restrictions on foreign investment and real estate ownership, and simplifying repatriation of dividends and capital. Additional details will be published as the legislative process progresses.