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Tunisia (GMT +1)


      General:
           ▪ Capital City: Tunis
           ▪ Official Language: Arabic
           ▪ Currency: Tunisian Dinar (TND)
           ▪ Main Exports: Textiles, clothing, agricultural prod, phosphates, electrical equip
           ▪ Surface Area: 163.6 sq. km (thousands)
           ▪ Population: 12,3 million (2025,est)
      Key Economic Indicators:
           ▪ GDP: $56,26 billion (2025) / GDP Growth Rate: 1.9% (2024)
           ▪ CPI Inflation Rate (annual): 6.1% (2025)
           ▪ Sovereign Credit Ratings: Moody’s: Caa2, S&P: Rating watch,
          Fitch: CCC- (Poor standing/Very High Credit Risk)
           ▪ Indicator of Economic Freedom Score: 49.1/100 (2025): Repressed
      Exchange Controls:
           ▪ Exist
      Basis of Taxation: (Tax Year End: 31 December)
           ▪ Residents: Worldwide income
           ▪ Non-residents: Tunisian-source income
      Tax Rates:
           ▪ Individuals: Progressive rates to 35%
           ▪ Companies: 15%
           ▪ Inheritance and Donations Taxes: Taxable at varying rates
           ▪ VAT: 19%
           ▪ Withholding Tax: Varying rates apply
           ▪ Capital Gains Tax (CGT): Generally taxed as ordinary income
           ▪ Double Taxation Agreements: In place with several countries
      Useful links:
           ▪ Central Bank of Tunisia   http://www.bct.gov.tn
           ▪ Ministry of Finance   http://www.finances.gov.tn

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