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Tunisia
Tunisia Geography, Politics, Culture, and Economy
Tunisia is a north African country on the Mediterranean Sea. Mountainous in the North, Tunisia has hot, dry, semi-arid areas in the south, extending to the Sahara Desert. Berbers inhabited the area in ancient times, followed by the Romans, Muslims, and specifically, the Ottoman Empire. French colonization in the late 19th century led, eventually, to its independence in 1957, followed most recently by a revolution in 2011 which led to parliamentary elections and eventual vote for President in 2014.
The major ethnic groups in Tunisia are the Arabs, Europeans, and Jews. Their official language is Arabic but two-thirds of the population also speak French. Tunisia’s economy, although struggling with the corruption endemic to many countries in the region, ranked as the least corrupt in North Africa according to Transparency International. The diversity ranges from agriculture, mining, and petroleum to manufacturing and tourism. Tunisia is famous for its beaches, good weather, and ‘affordable luxuries’ (New York Times) which attract millions of visitors a year.
| 2021 | |
| March 20 | Independence Day |
| April 9 | Martyrs’ Day |
| May 1 | Labour Day |
| May 13 | Eid al-Fitr |
| May 14 | Eid al-Fitr Holiday |
| May 15 | Eid al-Fitr Holiday |
| July 20 | Eid al-Adha |
| July 21 | Eid al-Adha Holiday |
| July 25 | Republic Day |
| August 10 | Muharram |
| October 15 | Evacuation Day |
| October 19 | The Prophet’s Birthday |
- شركة فردية (Entreprise individuelle)
- شّركة ذات مسؤوليّات محدودة ش.م.م.(Société à responsabilité limitée- SARL)
- شّركة فردية ذات مسؤوليّات محدودة (Société unipersonnelle à responsabilité limitée SUARL)
- شركة خفية الإسم (Société anonyme – SA)
- الشركات ذات رأس المال المتغيّر
- Corporate Tax: 30%
- Income Tax (Lowest Marginal Rate): 0%
- Income Tax (Highest Marginal Rate): 35%
- VAT/GST/Sales Tax: 12% or 6% (reduced rate), 18% (standard rate)
- Banque Al-Baraka (http://www.albarakabank.com.tn) (Commercial Bank)
- Arab Tunisian Bank (ATB) (Commercial Bank)
- Banque Franco Tunisienne (BFT) (Commercial Bank)
- Banque Nationale Agricole (BNA) (Commercial Bank)
- Attijari Bank (Commercial Bank)
- Banque de Tunisie (BT) (Commercial Bank)
- Amen Bank (AB) (Commercial Bank)
- Banque Internationale Arabe de Tunisie (BIAT) (Commercial Bank)
- Société Tunisienne de Banque (STB) (Commercial Bank)
- Union de Bancaire pour le Commerce et l’Industrie (UBCI) (Commercial Bank)
- Union Internationale de Banques (UIB) (Commercial Bank)
- Banque de l’Habitat (BH) (Commercial Bank)
- Citibank (Commercial Bank)
- Banque Tunisienne de Solidarite (BTS) (Commercial Bank)
- Arab Banking Corporation (ABC) and its subsidiary: ABC Tunisie (Commercial Bank)
- Tunisian Qatari Bank (TQB) (Commercial Bank)
- Banque de Tunisie et des Emirats (BTE) (Commercial Bank)
- Banque Tuniso-Koweitienne (BTK) (Commercial Bank)
- Banque de Financement des Petites et Moyennes Enterprises (BFPME) (Commercial Bank)
- Banque Tuniso-Libyenne (BTL) (Commercial Bank)
- Stusid Bank (STUSID) (Commercial Bank)
- Banque Zitouna (ZITOUNA) (Commercial Bank)
Aadmi can support you with your expansion to Tunisia. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns. Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.
Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.
