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