The State Encouragement to the investments are instituted by
law 93-120 bearing 27 December 1993 promulgation of the
Incentives Investment code. The investment encouragement in
agriculture lies within the scope of this Code.
The investments in the agriculture, fishing sectors and the
services related on are carried out freely subject answering
the conditions of exercise in accordance with the
legislation and the regulation in force.
The exercise of fishing requires a preliminary authorisation
of the Ministry in charge of Agriculture.
The operations of Investment are the subject of declarations
lodged with the services of the Agricultural Investments
Promotion Agency in Tunis or in the place heads of
Gouvernorats.
The foreigners resident or non-residents can invest in the
agricultural sector realising hiring of the arable lands.
However, these investments cannot in no case to involve
appropriation by the foreigners of the arable lands.
The foreign investment in agriculture, fishing and the
services related to these 2 activities is carried out within
the framework of the partnership, the foreign investors can
have to the maximum 2/3 of the capital.
The encouragement envisaged by the code are granted in the
form of incentives common to several economic sectors and of
incentives specific to the agricultural sector.
The provisions of the Incentives Investment code apply to
the investment operations relating to creation, the
extension, the renewal, the refitting or the transformation
of activity.
With the exception of the investments in the completely
exporting activities, the benefit of the incentives
envisaged by the code requires the realisation of the
investments financing diagram, comprising a minimum rate of
the own capital stocks