Invest in Tunisia
Transcription
Invest in Tunisia
République Tunisienne Ministère du Développement, de l'Investissement et de la Coopération Internationale Invest in Tunisia Key features of the investment reform October 2016 THE NEW INVESTMENT LAW 1 General Provisions Articles 1-3 2 Access to the market Articles 4-6 3 Investor’s guarantees and obligations Articles 7-10 4 Investment Governance Articles 11-18 5 Premiums and Encouragements Articles 19-22 6 Dispute settlement Articles 23-25 7 Transitional and final provisions Articles 26-36 Implementation in January 2017 République Tunisienne Ministère du Développement, de l'Investissement et de la Coopération Internationale 2 A NEW FRAMEWORK FOR INVESTMENT From 75 to 25 articles From 33 to 3 implementing decrees Immediate implementation: finalized decrees Single privileged interlocutor: Tunisian Investment Authority Fast Track for all important projects Deadlines set for every process Traceability: tracking for every administrative file To accelerate processes Guarantees respecting international standards Dispute settlement : conciliation and arbitrage Intellectual property protection To simplify the law République Tunisienne Ministère du Développement, de l'Investissement et de la Coopération Internationale Reduction of the authorizations: gradual program Opening-up recruitment of foreign competencies Access to real estate for investment Incentive system based on national priorities: employment, added value, regional development, sustainable development Attractive tax system for exports and offshoring services To open-up opportunities New Investment Framework To offer more guarantees To set premiums and incentives 3 KEY FIGURES OF THE NEW INVESTMENT REFORM 1 Tax exemption up to 10 years for some investments 2 10% tax on exports 3 Open recruitment of foreign competencies, up to 30% of executives for 3 years 4 Financial incentives up to 1/3 of the project costs 5 Full coverage of social and employer costs for some investments up to 10 years République Tunisienne Ministère du Développement, de l'Investissement et de la Coopération Internationale 4