Article 23 paragraph 2 and 3 (new) :
2- deduction of investments incomes or benefits from
the personal and corporate income tax assessment as
follows :
- concerning the first group of regional development
encouragement areas, which list is fixed by a decree
relating to industry, handicrafts sectors and some services
activities : totally for the first- five years starting from the
date of effective activity start , notwithstanding the
provisions of articles 12 and 12 (Bis) of law n° 114-89
dated 30 December 1989, promulgating the personal and
corporate income tax code,
- concerning the second group of regional development
encouragement areas, which list is fixed by a decree
relating to industry, handicrafts sectors and some services
activities : totally for the first- ten years starting from the
date of effective activity start, notwithstanding the
provisions of articles 12 and 12 (Bis) of law n° 114-89
dated 30 December 1989, promulgating the personal and
corporate income tax code,
- concerning the regional development encouragement
areas with priority, which list is fixed by a decree relating to
industry, handicrafts sectors and some services activities
and tourism regional development encouragement areas :
totally for the first- ten years starting from the date of
effective activity start, notwithstanding the provisions of
articles 12 and 12 (Bis) of law n° 114-89 dated 30
December 1989, promulgating the personal and corporate
income tax code and in the limit of 50% of these incomes or
benefits for the following ten years.
3- exemption from the fund for housing promotion
participation for employees for the first- five years
starting from the date of effective activity start for the
investments in tourism sector as well as investments in
industry, handicrafts sectors and some services
activities in the second group of regional development
encouragement areas and regional development
encouragement areas with priority, which list is fixed
by a decree.
Article 25 (new) : The investments in industry, tourism,
handicrafts sectors and some services activities mentioned
in article 23 of the code herein and made in regional
development encouragement areas, which list is fixed by a
decree mentioned in article 23, shall benefit from the state
taking over of employers’ contributions in the social
security legal scheme for Tunisian employees paid salaries
as follows :
- concerning regional development encouragement areas
in tourism sector: the state takes over the contribution for
the first- five years starting from the date of effective
activity start.
The investments in desert tourism projects made in
regional development encouragement areas mentioned in
article 23 of the code herein, shall benefit from the
advantage for an extra five years.
- concerning the first group of regional development
encouragement areas, which list is fixed by a decree
relating to industry, handicrafts sectors and some services
activities : the state takes over a percentage of the
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contribution for the first- five years starting from the date of
effective activity start, fixed as follows :
The year of the state
taking over
Percentage of the state taking
over
First year
100%
Second year
80%
Third year
60%
Fourth year
40%
Fifth year
20%
- concerning the second group of regional
development encouragement areas, which list is fixed by
a decree relating to industry, handicrafts sectors and
some services activities : the state takes over the
contribution for the first- five years starting from the
date of effective activity start,
- concerning the regional development encouragement
areas with priority, which list is fixed by a decree relating to
industry, handicrafts and some services sectors : the state
takes over a percentage of the contribution for an extra five
years starting from the date of effective activities start,
fixed as follows :
The year of the state taking
over
Percentage of the state
taking over
First year
80%
Second year
65%
Third year
50%
Fourth year
35%
Fifth year
20%
The provisions of dash 4 of the article herein shall be
applied to projects which benefit from an extra five years
before 31 December 2011
Article 26 (new)- The general works and land estate
promotion companies which carry out infrastructure and
collective equipments projects, included in a list fixed by a
decree in the second group of regional development
encouragement
areas
and
regional development
encouragement areas with priority the list of which is fixed
by a decree, shall benefit from a 50% deduction of benefits
resulting from these projects from the personal and
corporate income tax assessment.
Art. 45 - The enterprises in activity before the date of
entry into force of the law herein and which the advantages
benefit period provided for in articles 23 and 25 of the
investments incentives code did not expired, as well as
enterprises having a certificate of deposit of investment
declaration before the date of entry into force and which
effectively start their activity before 31 December 2009,
continue to benefit from the mentioned advantages till the
end of the granted period according to the legislation in
force before the entry into force of the law herein.
Official Gazette of the Republic of Tunisia — 28-31 December 2007
N° 104