Investing or establishing a business in a foreign country is a complex process, and can be bewildering, especially if you don't speak the local language. You need a local partner that can advise you and make the process easier and safer. 2S Firms has assisted many foreign investors and entrepenuers ing establishing their businesses in Tunisia, including Americans, French and New Zealanders.
2S Firms offers a wide range of services to foreign investors and entrepenuers looking to establish operations in Tunisia. Our team is experienced, multilingual (English, French, Arabic, Italian) and can act as your indespensible partner for success in Tunisia.
The stages that 2S Firms can help you with are summarised as follows:
Prior to establishment in Tunisia
This upfront support focuses on providing a foreign investor with all the information and contacts they need to make a decision on whether they should invest or establish a business in Tunisia. This assistance allows you to answer the following questions, amongst others:
- What are the costs of operating in Tunisia: labour, materials, capital and operational costs
- In what sectors can a foreigner invest in Tunisia and under what conditions
- From what benefits and subsidies can a foreign investor benefit
- What tax advantages are available to a foreign investor
- What income tax rates apply
- What is the social security system and social tax rates
- What are the average salary levels for employees in different industries
- What is the cost of rent
- How does imports and customs work and what are the import taxes
2S Firms can answer these questions through:
- Market research and market studies
- Return on Investment (ROI) studies
- Evaluating the benefits of setting up in one of the available industrial zones
- Organising and coordinating meetings with officials at the appropriate government Ministries and organisations
- Connecting the investor with companies and organisations that can furnish any other required information
Establishing your business in Tunisia
After you arrive and during the establishment of your business, we can provide you with all the information necessary to help you through the process.
- What legal structures are available for incorporation in Tunisia
- What are the legal steps to set up the business
- How does the currency regulation work, and how do you establish foreign currency accounts
- What is the status of foreign staff in Tunisia
- What are the accounting obligations
- What are the statutory auditing obligations
- Will the investor need to pay tax in their home country
- Is there a tax treaty between the foreign investor's country
- What regulations (such as mandatory holiday periods) exist in Tunisia
2S Firms can answer these questions through:
- Advice on the optimal legal structure for your business
- Establishment of your legal structure, managing all the details for you
- Assistance in opening bank accounts, both in Dinars and foreign currency (EUR, USD, GBP etc)
- Assistance in recruiting qualified staff
- Management of the various legal and procedural steps (tax and social security registration etc)
Running your business in Tunisia
After you are established and are focused on running and growing your business, 2S Firms can assist you in your day to day operational needs by providing you with the following services:
- Accounting
- Book keeping
- Preparation and filing of labour procedures
- Management of payroll
- Advice regarding tax and employment law