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Tunisia-Investment Incentives Code
Section-III - Chapter-II
Export Incentives
* System governing entities partly engaged in export

Article-21 : *

The following are considered to be export operations:

- Sales of goods to foreign countries;

- Services rendered in foreign countries;

- Services carried out in Tunisia for use by foreign countries;

- Goods sold and services rendered to companies wholly engaged in export covered by the present code, to companies established in the economic free zones governed by Law n92-81 of 3rd August 1992 and to banking and financial entities working mainly with non-residents such as those envisaged by Law n85-108 of 6th December 1985 offering encouragement to banking and financial entities working mainly with non-residents.

Article-22 : *

During their activity and provided they keep proper accounts according to the provisions of the Commercial Code, companies which carry out export operations are entitled to the following benefits:

1. Suspension of value added tax and consumption duty on the goods, products and services necessary for the realisation of their export operations;

2. Deduction of all the income originating from export from the taxation basis for income tax on natural persons for the first ten years following the first export operation, notwithstanding the provisions of Article 12 bis of Law n89-114 of 30th December 1989 promulgating the code for income tax on natural persons and companies tax and the deduction of 50% of those profits beyond that period;

3. Deduction of all the income originating from export the taxation basis for companies tax for the first ten years following the first export operation, notwithstanding the provisions of Article 12 of Law n89-114 of 30th December 1989 promulgating the Code for income tax on natural persons and companies tax and the deduction of 50% of those profits beyond that period;

4. Reimbursement of the customs duties and taxes with an equivalent effect paid on the raw materials andsemi-finished products imported or acquired on the local market by the company in order to manufacture goods and products intended for export;

5. Reimbursement of the customs duties and taxes with an equivalent effect paid on equipment imported and not manufactured locally depending on the proportion of goods and products exported. The terms and conditions governing entitlement to this benefit are fixed by decree.

6. Making the systems governing temporary admission or industrial warehousing envisaged by the Customs Code more flexible for goods and products imported for transformation and re-export. To this effect, the guarantee to back up the duties and taxes on imports envisaged in customs legislation is replaced by a lump-sum deposit, the amount of which is fixed by decree.

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