Official name: Republic of Tunisia
Head of state: President
Government: parlamentary democracy
Currency: Tunisian Dinar (TND)
National day: 20th of March, Independence Day
Language: Arabic, French and English mainly. Other languages such as Italian and Spanish are also widely spoken.
VAT Standard: 0-29%
Corporate Profit Tax: 25%
1€ = 2.89 TND (2017)
1$ = 2.47 TND (2017)
GDP Growth Rate = 1.8 (2016) NIS Tunisia
Total area: 163,610 square kilometres. It is bordered by Algeria to the west and southwest, Libya to the southeast, and the Mediterranean Sea to the north and east
Population: 11.4 million (2016)
Capital: Tunis (1.056 million)
Other major cities: Sfax (955,421), Nabeul (787,920), Sousse (674,971)
Major natural resources: olive oil, petroleum, phosphates, iron ore, lead, zinc, salt
Flight times: Paris 2hours 25 min, London 2 h 45 min, Stockholm 3 h, Rome 1 hour 20min,Frankfurt 2 h 45 min, Amsterdam 2 h 50 min.
Time zone: GMT + 1
Climate: mild mediterranean climate.
Geostrategic Position: Located at the junction of the eastern andwestern basin of the Mediterranean and only140 km from Europe, Tunisia enjoys a privileged geographical position which makes it a regional hub for investment as well as for trade and production. Within less than three hours flying time from European capitals and major cities of the Middle East, Tunisia is at the heart of the Euro-Mediterranean logistic chain.
A Regional Hub Tunisia is a preferred site forinvestors wishing to serve neighboring marketslike the Algerian and Libyan markets. It is also aregional platform to cover on the one hand, the European countries and on the other hand, African countries as well as the Arab Gulf States enjoying strong growth and high purchasing power.
The attractiveness of Tunisia is demonstrated by the large number of foreign investors doing business here and the dominance of world-renowned foreign companies in several of Tunisia’s economic sectors. Today, about 3,200 foreign companies have settled in Tunisia providing over 340,000 jobs.In a business environment similar to that of many countries of southern Europe, they enjoy more attractive incentives. During 2014, foreign investment (all sectors included) reached amounted to 1,878 M TND.